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Social Security Administration praises Trump’s agenda bill in widely sent out statement

  • The Social Security Administration sent an email on July 3 celebrating the passage of President Trump's legislative tax relief bill for seniors.
  • The bill introduces an additional $6,000 standard deduction specifically for individuals 65 years old and above, but it stops short of completely exempting Social Security benefits from taxation.
  • While many seniors will receive some tax benefits, critics caution that the resulting reduction in revenue could cause Social Security and Medicare trust funds to run out of money about a year earlier than previously projected.
  • Frank Bisignano, the Social Security Commissioner, described the legislation as a landmark achievement for American seniors, emphasizing that it upholds President Trump’s commitment to safeguarding Social Security.
  • Experts caution lower-income seniors benefit less from the bill, raising concerns about future automatic benefit cuts to all recipients if trust funds deplete sooner.
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Social Security Administration praises Trump’s agenda bill in widely sent out statement

Analysts said the move strayed from the agency’s typically apolitical nature.

·Atlanta, United States
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Newsweek broke the news in United States on Friday, July 4, 2025.
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