President Trump vowed to end taxes on Social Security, but the One Big Beautiful Bill stops short of fulfilling that promise.

Trump promised to eliminate the tax on Social Security benefits in his 2024 campaign, but the bill instead adds a new deduction.

Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)

During his campaign, Trump promised to eliminate federal taxes on Social Security benefits. While that measure was cut from the final bill, the majority of seniors are still set to receive a tax break.

NRCC begins nationwide digital ad campaign touting the 'one big, beautiful bill' that extends Trump's tax cuts and eliminates taxes on tips, while Democrats criticize Medicaid changes.

The 'Big Beautiful Bill' signed by President Trump promised to eliminate taxes on Social Security benefits. However, the reality is more nuanced, offering significant tax relief but not a complete elimination.

Key PointsPresident Trump's bill won't eliminate federal taxes on Social Security benefits.However, a new deduction for seniors should reduce the federal taxes on benefits for many Americans.This deduction will be only temporary,

President Donald Trump’s recent legislative efforts, encapsulated in the "One Big Beautiful Bill" (OBBBA), have brought Social Security taxation back into the spotlight, sparking both hope and confusion among American retirees.