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Trump's Tax Bill Faces Backlash from Seniors and Allies

7/5/2025

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Summary

Story summary

President Donald Trump hailed the approval of his "Big Beautiful Bill," touting its promise to cut taxes on Social Security for numerous seniors. Yet, the bill's temporary deductions have drawn ire, particularly for favoring the wealthy. With polls reflecting significant discontent, even Trump’s ex-ally Elon Musk labeled it a "disgusting abomination," warning of potential job losses and rising national debt.

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Story summary

President Donald Trump hailed the approval of his "Big Beautiful Bill," touting its promise to cut taxes on Social Security for numerous seniors. Yet, the bill's temporary deductions have drawn ire, particularly for favoring the wealthy. With polls reflecting significant discontent, even Trump’s ex-ally Elon Musk labeled it a "disgusting abomination," warning of potential job losses and rising national debt.