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Trump's Social Security promise has a $169 billion problem: report
What happened
AlterNet reports that President Donald Trump’s 2025 tax law is projected to reduce Social Security revenue by $169 billion over a decade, contradicting his promise that Republicans should not cut “a single penny” from the program. The chief actuary’s estimate concerns lost program revenue—not an immediate reduction in retirees’ monthly checks.
The law did not eliminate federal taxation of Social Security benefits. It created measures including a temporary additional $6,000 deduction for people 65 and older, lowering many seniors’ tax bills while also reducing income-tax revenue…
The skinny
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