Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

President Trump celebrated his just-passed “One Big Beautiful Bill Act” Thursday night as “a declaration of independence from a national decline.” Trump, 79, told a large rally at the Iowa State Fairgrounds that the bill makes good on his major campaign promises to slash taxes on tips,

Trump’s tax and spending bill does not eliminate taxes on Social Security, overtime and tip income, but merely provides temporary tax deductions

One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.