Overview

• President Trump signed a proclamation commemorating the program’s 90th anniversary as the SSA confirmed updates that ended payments for about 275,000 individuals without legal status
• The ‘One Big, Beautiful Bill’ now offers a $6,000 deduction on Social Security benefits, exempting some 88 percent of seniors from federal income taxes on their payments
• SSA Commissioner Frank Bisignano and White House officials cite faster phone and field-office wait times and expanded digital services, though independent audits report roughly 7,000 job cuts and 20 percent fewer field-office staff
• The administration claims to have purged 12.4 million implausibly aged records but this figure remains unverified, and courts have restricted the Department of Government Efficiency’s access to agency data
• The Social Security Board of Trustees projects trust-fund reserves will be exhausted by 2034, and experts warn the senior tax cut could accelerate benefit shortfalls without further congressional action