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Those taxes currently cover only about 77% of benefits.
There is also general dissatisfaction about how effective Social Security checks are at paying the bills.
Trump has been clear about his intention toleave Social Security aloneif he wins a second term.
His current campaign has not offered specific proposals to address the OASIs coming insolvency.
More recently, Trump suggested that Social Security benefits shouldnot be subject to federal income taxes.
The former president didnt go into further detail on the matter.
to make it end taxes on Social Security benefits, Trump would need the cooperation of Congress.
That will be a challenge unless Republicans also win the U.S. House and Senate in the 2024 elections.
If these taxes are eliminated altogether, seniors previously affected will not have to see their benefits reduced.
When the fund becomes insolvent, some lawmakers have suggestedcutting retirement benefitsto deal with the shortfall.
I dont think thats right, Vance told Fox Business earlier this year.
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