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Donald Trump will issue a presidential proclamation Thursday honoring the 90th anniversary of the Social Security Act, which will tout his administration’s achievements in improving the program, including legislative provisions that will help the vast majority of seniors pay “zero tax” on their social security benefits.
The Social Security Act was signed into law by President Franklin D. Roosevelt in 1935, during the Great Depression. The bill was aimed at creating a federal safety net to help Americans with unemployment, illness, disability, death and old-age.
The president’s Thursday proclamation, obtained and reviewed in advance by Fox News Digital, proclaimed the Act as “a monumental legislative achievement.”
Meanwhile, the president touts in his proclamation that provisions in the Republican spending package, signed into law last month, will allow “the vast majority of seniors who receive social security” to pay absolutely nothing in taxes on their benefits.
“The largest tax break for seniors in the history of our country,” as the president described it in his proclamation.
Trump also expressed that his administration is actively working to root out fraud, waste and abuse in the system, including the longstanding issue of improper and fraudulent payments to deceased individuals.
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“On this 90th Anniversary of the Social Security Act, we recognize the countless contributions of every American senior who has invested their time, talent, and resources into our Nation’s future,” Trump writes in his proclamation.
“On this momentous milestone, we recommit to strengthening our retirement system, protecting programs like Social Security and Medicare against fraud and abuse, and ensuring that every future generation of American citizens has the income security they need and earned.”
The post EXCLUSIVE: Trump touts ‘zero tax’ benefits for majority of seniors on social security’s 90th anniversary appeared first on Fox News.
