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Lutnick told reporters the increased levies would take effect on Aug. 1, nearly a month after the pause expires on Wednesday.
President Trump's "big, beautiful bill" included a "senior bonus," a new temporary tax deduction for Americans over 65.
This month, the Social Security Administration will begin withholding 50% of monthly checks from beneficiaries who received ...
Millions of Social Security beneficiaries are expected to see smaller monthly payments beginning in July 2025, due to newly ...
Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.
The reconciliation bill, which President Trump called ‘One big, beautiful bill’, was signed on July 4 during Independence Day ...
Iran’s Supreme Leader Ayatollah Ali Khamenei has made his first public appearance since the 12-day war between Israel and ...
Dozens have been killed in the US state of Texas after heavy rain caused flash flooding, with 27 missing from a children's ...