President-elect Donald Trump has proposed eliminating taxes on Social Security benefits for seniors. Currently, up to 85% of benefits are taxed for many recipients, depending on their combined income.
President Donald Trump's mass deportation plans could have a significant economic side effect: draining Social Security funding.
The big problem with Trump's proposal to eliminate Social Security's income taxes on benefits is that those taxes are one of just three critical funding sources for the program. The other two are the payroll taxes that workers pay and the interest income on the program's trust funds.
Francois Melese warned in a recent op-ed of the damaging effects of Trump's plan to end Social Security taxes.
It was no surprise when President Donald Trump this week issued a memorandum to the heads of federal departments and agencies, essentially directing them to get their employees back to the office full-time.
WASHINGTON (AP) — Donald Trump has promised sweeping actions in his second administration. The president-elect has outlined a wide-ranging agenda that blends traditional conservative approaches to taxes, regulation and cultural issues with a more populist bent on trade and a shift in America’s international role.
President Donald Trump's flurry of day-one actions included a reprieve for TikTok, the creation of a Department of Government Efficiency (DOGE), an order on social media "censorship," a declaration of an energy emergency, and reversal of a Biden order on artificial intelligence.
Less than three days after it was signed, President Donald Trump’s executive order aiming to end birthright citizenship has run into its first legal roadblock. A judge called it "blatantly unconstitutional.
Two Republicans, Sen. Lisa Murkowski of Alaska and Sen. Susan Collins of Maine, broke ranks to oppose Hegseth.
Meanwhile, Trump’s pick for defense secretary, Pete Hegseth will face a test vote in the Senate that may indicate whether fresh allegations about this personal conduct that surfaced this week are enough to stop his confirmation.