Medicaid, Social Security and bill
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Explícame on MSNSocial Security Fairness Act Repeal Proposed to Avoid Funding CrisisThe measure aims to extend the life of the trust fund but would directly affect millions of beneficiaries who currently receive more thanks to the existing law.
Seniors are unlikely to get a break on paying taxes on their Social Security benefits, an issue that impacts more people each year.
Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills several other campaign promises. "In the coming weeks and months, we will pass the largest tax cuts in American history -- and that will include no tax on tips, no tax on Social Security, and no tax on overtime," he said.
House Republicans have unveiled planned medicaid cuts. Children rely more on Medicaid and CHIP, Older Americans get more from Social Security.
President Donald Trump has promised to exempt Social Security from federal income tax, which would provide a short-term gain, but the nonpartisan Congressional Budget Office says that would ...