But Social Security is barreling toward insolvency faster than before because of Trump’s tax bill and immigration policies, according to experts. The agency has faced tumult since the U.S. DOGE Service came in with a grand scheme to root out fraud and overhaul the program, causing disruptions and frustrations within the agency.
And despite the repetition of “no tax on Social Security” from Trump and his allies, the law ultimately signed by the president did not eliminate taxes on seniors’ benefits.
The Oval Office event — largely ceremonial — offered the president a chance to repeat his commitments to older Americans on the anniversary of President Franklin D. Roosevelt signing the Social Security Act into law. Trump was joined by Commissioner Frank Bisignano, who has led the agency since May.
“I made a sacred pledge to our seniors that I would always protect Social Security, and under this administration we’re keeping that promise and strengthening Social Security for generations to come,” Trump said.
However, Republicans have not yet provided a solution to put off Social Security’s impending shortfalls.
Disclaimer
The information contained in South Florida Reporter is for general information purposes only.
The South Florida Reporter assumes no responsibility for errors or omissions in the contents of the Service.
In no event shall the South Florida Reporter be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. The Company reserves the right to make additions, deletions, or modifications to the contents of the Service at any time without prior notice.
The Company does not warrant that the Service is free of viruses or other harmful components
