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· 1dDoes the "big, beautiful bill" eliminate taxes on Social Security?
What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire at the end of 2028.
An analysis by CRFB finds the Senate's One Big Beautiful Bill Act would hasten Social Security and Medicare trust fund ...
Florida did not expand Medicaid as most states did, so the impact may be lesser than other places, but reductions loom.
One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.
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