Learn how Trump’s new tax bill, the Big Beautiful Bill, could change your Social Security, healthcare, and tax deductions. Understand what’s inside the bill, who it impacts most, and what changes the Senate may still make before it becomes law.
In today’s update, learn how Trump’s new One Big Beautiful Bill could affect Social Security, Medicaid work rules, child tax credits, and federal tax deductions like the SALT cap. Understand how the bill’s proposed changes may impact healthcare access, benefit eligibility, and federal debt. Discover the political divide in the Senate, concerns over national debt, and what changes may still happen before the bill becomes law. This impacts retirees including SSI (Supplemental Security Income), SSDI (Social Security Disability Insurance), survivors, VA, and spousal benefits. This is a key update on how the government could change social programs, affect your taxes, and shift spending priorities in 2025 and beyond.
Trump’s Bill: Senate Changes Could Affect Your Social Security, Taxes, and Healthcare
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Money Instructor does not provide tax, legal, or investment advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or investment advice. You should consult your own tax, legal, and investment advisors regarding your own financial situation. Although the information has been researched and vetted beforehand, it may not be current at the time of viewing. Please note, the context of financial investments can be complex and dynamic, necessitating professional advice tailored to your unique circumstances.
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