President Donald Trump is wasting no time making changes. So far, he hasn't made good on his promise to eliminate Social Security benefit taxes, but his term has only just begun. Some seniors are eager to see this tax eliminated so they can have more spending money today.
For most retirees, Social Security is more than just a monthly check. Even though the average Social Security check in 2025 is a modest $1,976 per month for retired workers, it represents a financial foundation that many beneficiaries would struggle to live without.
President Donald Trump's tax proposals are reigniting concerns about the future of Social Security. During his campaign for the presidency, Trump proposed tax cuts to benefit workers and small businesses – but critics warn these changes could accelerate Social Security's financial challenges,
He seems much more comfortable, almost relaxed in how he’s doing the job,” according to Sean Spicer, Trump’s first White House press secretary, who said Trump is showing a new “level of confidence,” having spent four years in office.
The Democratic National Committee ( DNC) is going on the offense against President Donald Trump just two days into his second term, blasting the 45th and 47th President over what they say is a plan to follow through on the controversial Project 2025 agenda, including by cutting Social Security, Medicare and Medicaid.
Social Security is staring down a greater than $23 trillion long-term funding shortfall, with sweeping benefit cuts for retired workers an estimated eight years away. Donald Trump's vision for ...
Donald Trump 2.0 is, so far, very much the same as his first go around. But eight years after he was last sworn into office, the new Republican president is emboldened, far more experienced and surrounded by a very different team.
Both current and future retirees are counting on their elected officials -- including incoming President Donald Trump -- to strengthen Social Security. With Trump preparing to be sworn in for his ...
President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.
The big problem with Trump's proposal to eliminate Social Security's income taxes on benefits is that those taxes are one of just three critical funding sources for the program. The other two are the payroll taxes that workers pay and the interest income on the program's trust funds.
One federal employee who voted for Trump twice said they "had hope that he would fulfill his promises." After the payout offer, "that hope disappeared."