Trump's new tax law, known as the "One, Big, Beautiful Bill," brings significant changes for Americans, especially older adults. While it offers tax breaks that could save retirees thousands, it also poses long-term challenges for the Social Security program.

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.

The Social Security Administration this week sent out an email to many Americans celebrating the passage of President Donald Trump’s domestic policy bill, and touting the measure’s tax relief for seniors, in a move that analysts said strayed from the agency’s typically apolitical nature.

The Social Security Administration sent a misleading email to beneficiaries stating that Trump’s new law eliminates taxes on Social Security benefits for most recipients. Former SSA Commissioner Martin O’Malley joins The Weeknight to set the record straight on what the law really does – and doesn’t do.

Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.