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Senator introduces new bill to eliminate taxes on Social Security benefits

Senator Ruben Gallego's bill aims to permanently end Social Security benefit taxes, potentially extending the trust fund's solvency to 2058, amid concerns of future benefit reductions.

Summary by CNBC
Trump's "big beautiful bill" helps seniors who pay tax on Social Security benefits, but doesn't eliminate those levies. Lawmakers are pushing for permanent change.

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CNBC broke the news in United States on Thursday, September 4, 2025.
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