Trump says the "Big Beautiful Bill" eliminates taxes on Social Security benefits. However, the bill's text shows that's not quite the case.

The One Big Beautiful Bill, signed into law by President Trump, delivers what many retirees have long awaited: significant tax relief on Social Security benefits. Described as a cornerstone of his campaign promises, this legislation reshapes the financial landscape for seniors, offering them greater security and breathing room.

President Trump’s sweeping bill includes a major Social Security tax break for older Americans, but leaves out the poorest seniors—and could speed up program insolvency.