Reported about 2 months ago
Donald Trump's proposal to exempt Social Security benefits from income taxes may weaken both Social Security and Medicare. Experts warn that this plan could accelerate the depletion of reserve funds for these programs, leading to increased cuts in benefits and chaos in healthcare for millions of seniors. The tax break is projected to add $1.6 trillion to the budget deficit without substantial economic benefits, ultimately jeopardizing the financial stability of seniors relying on these critical programs.
Source: YAHOO