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The OBBB proposes substantial cuts to Medicaid and the Supplemental Nutrition Assistance Program (SNAP) to offset tax cuts and new spending. The CBO analysis suggests the bill could cost the poorest ...
The Trump-backed One Big Beautiful Bill Act passed its final congressional hurdle on July 3, with the U.S. House of Representatives adopting the Senate's version.
The sweeping domestic policy bill that passed the House on Thursday will boost the standard deduction for senior citizens by ...
Republicans Scott Franklin, Laurel Lee and Daniel Webster voted for the bill, while Democrat Darren Soto opposed it. The ...
When President Trump was running for office, one of the things he pledged to do was eliminate taxes on Social Security. There ...
Every year, the chief actuary of the Social Security Administration (SSA) reports to Congress on how many years the program has left in the Social Security Trust Fund to fully meet the obligations of ...
The Senate also pulled out a change to the Pell Grant program, which provides federal aid to low-income students to attend colleges and universities. Right now, students are considered full time and ...
Another key provision, backed by AARP, provides targeted tax relief for older adults in the form of a $6,000 “bonus” deduction that could offset federal taxes on Social Security benefits for some. The ...
Starting in July, the federal agency will start withholding 50% of a person’s check if they’ve received an overpayment of ...
I opted to draw my Social Security retirement benefit early and work part time. The company I work for has decided to pull me ...
I opted to draw my Social Security retirement benefit early and work part-time. The company I work for has decided to pull me ...
President Donald Trump keeps saying that Republicans' mega tax and spending cut legislation will eliminate taxes on federal ...