Social Security Congressional Budget Office

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Social Security, Trump and One Big Beautiful Bill

Trump's Social Security tax cut didn't make it; What retirees get instead

The Committee for a Responsible Federal Budget estimates the expanded senior deduction, along with other tax cuts, could cost $30 billion annually. This might accelerate the depletion of the Social Security Old-Age and Survivors Insurance Trust Fund from early 2033 to late 2032.

Newsweek on MSN · 1d

Social Security Responds to Trump's 'Big, Beautiful Bill'

The newly passed legislation awaits Trump's signature in a White House ceremony on Friday following a 218-214 vote in the House.

Rolling Out · 1d

Why Social Security officials are celebrating the Big Bill

Social Security Administration praises Trump's One Big Beautiful Bill Act that eliminates income taxes on benefits for 90% of recipients

The New York Times15y

Social Security to See Payout Exceed Pay-In This Year

Indeed, the Congressional Budget Office’s projection shows the ravages of the recession easing in the next few years, with small surpluses reappearing briefly in 2014 and 2015.

Washington Examiner3mon

CBO says refusing to reform Social Security means a 24% benefit cut in 9 years

The Penn Wharton Budget Model found that eliminating income taxes on Social Security would cost $1.5 trillion over the next decade and speed up the program’s projected insolvency date to 2032.

The Hill2y

Social Security set to run short of funds one year earlier than expected - The Hill

Social Security funds are set to start running a shortfall in 2032, one year earlier than previously expected, the director of the Congressional Budget Office (CBO) said on Tuesday. “The ...

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