Republican-backed legislation now winding its way through the House includes a number of tax breaks promised by President ...

During the marathon Ways and Means Committee meeting scrutinizing the new Republican tax bill, Rep. John Larson (D-Conn.) ...

Retired Americans receiving Social Security income have faced major policy changes in 2024, from adjustments to the ...

The proposal in the House's spending and tax cut plan, which Trump supports, offers a deduction for seniors worth a small fraction of what he repeatedly promised.

House Republicans have included a proposal in their tax bill to provide a $4,000 deduction for individuals ages 65 and up.

Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills ...

Not all the Trump promises to cut tax on tips, overtime and Social Security made it into the proposed tax bill—and those ...

Frank Bisignano, confirmed as head of the Social Security Administration, received a major tax deferral on $484 million in ...

President Trump promised several tax cuts on the campaign trail, and one of them was the elimination of federal income taxes on Social Security benefits. However, the president's ...

A Republican-backed House bill includes a range new tax breaks, including a $4,000 deduction for seniors. Here's what to know ...