President Trump will give remarks Thursday afternoon to mark the 90th anniversary of the Social Security Act, which established the program that now serves as a vital source of income for millions of Americans.
The comments come about a month after Trump signed the “big, beautiful” spending and tax package into law, which includes a $6,000 tax deduction for Americans 65 or older.
While the provision does not fully end taxes on Social Security payments, it could zero out the tax burden for 88 percent of seniors, according to administration estimates.
But, experts have also warned, the measure could speed up insolvency for the program’s trust funds.
The event is scheduled to begin at 1 p.m. EDT.
Watch the live video above.
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