Trump’s New Social Security Announcement
President Donald Trump marked the 90th anniversary of Social Security with a powerful promise: to protect benefits for America’s seniors, deliver historic tax relief, and crack down on waste, fraud, and abuse.
Speaking from the Oval Office, the president said, “I will always defend Social Security, reward the men and women who built this nation, and put American workers, families, and seniors first.”
Largest Tax Break for Seniors in U.S. History
Trump highlighted his recently signed One Big Beautiful Bill Act, which includes a temporary $6,000 tax deduction for Americans aged 65 and older. The president called it “the largest tax break for seniors in the history of our country”—a move aimed at boosting retirement income and helping seniors keep more of what they’ve earned.
The law is part of Trump’s broader effort to protect retirement benefits and strengthen Social Security for the next generation.
Fighting Fraud, Protecting Benefits
Trump doubled down on his administration’s mission to eliminate billions in Social Security fraud, especially fraud tied to illegal immigrants.
“For years, people said Social Security was going to run out of money. Not anymore,” Trump said. “We are stopping tremendous fraud and making sure benefits go only to hardworking Americans who earned them.”
Challenges Ahead for Social Security
The Social Security Administration’s chief actuary has projected that, without further reforms, the combined trust funds for Old-Age, Survivors, and Disability Insurance could run dry in early 2034. That’s a few months sooner than previous estimates, meaning protecting Social Security benefits has never been more urgent.
Trump says his administration’s reforms—tax relief, fraud prevention, and a modernized system—will help secure the program’s future.
Social Security Goes Digital
At the White House event, SSA Commissioner Frank Bisignano unveiled a plan to make the agency “digital first.”
“We’re creating My SSA accounts for every American,” Bisignano said. “Our bold goal is 200 million accounts by the end of next year. We’ve already cut phone wait times from 40 minutes to single digits—and we’re just getting started.”
He ended with a rallying message: “Social Security will be great again.”
💬 Bottom Line for Seniors: Under President Trump, protecting Social Security benefits, boosting retirement income, and stopping fraud are front and center. For millions of older Americans, that means peace of mind—and more money in their pockets.
