What’s in Trump’s ‘Big Beautiful Bill’ for seniors?
By: Sarah Wheeler | Published: 2025-07-01 22:20:00 | Source: www.housingwire.com
President Donald Trump’s “Big Beautiful Bill” is headed back to the House for reconciliation after passing the Senate with a tiebreaking vote from Vice President JD Vance.
The 1,116-page multitrillion-dollar bill contains some key changes for older Americans, including a senior bonus tax deduction that would offset taxes on Social Security. But the bill also contains cuts to several important social programs that could impact lower-income seniors.
The bill passed by the Senate on Tuesday now has to be approved again by the House before being signed into law by President Trump, who has set a deadline of July 4. Here’s a list of the bill’s potential benefits and pitfalls related to seniors.
Benefits to seniors
The Senate version of the bill would give seniors an additional…