Watching President Donald Trump’s speech on national television and Vice President JD Vance’s remarks at the Turning Point event in Arizona, we identified with Bill Murray in the movie Groundhog Day. For those who have not seen the movie, Murray plays a TV weatherman who is trapped reliving the same day, day after day. We felt exactly like Murray when both Trump and Vance claimed once again that they ended taxes on Social Security. Time after time, fact-checkers and news outlets have pointed out that contrary to Trump and Vance’s claims, the “One Big Beautiful Bill” (OBBB) did not eliminate taxes on Social Security. Most recently, Factcheck.org on December 18 reported that:Trump called the One Big Beautiful Bill Act he signed in July “perhaps the most sweeping legislation ever passed in Congress” and touted provisions that include “no tax on tips, no tax on overtime, and no tax on Social Security for our great seniors.” (As we have said, fewer seniors would pay taxes on Social Security benefits, but millions of Americans would still have to pay.) On December 21, Yahoo Finance was quite blunt in assessing Trump’s failure to deliver on his promise to end taxes on Social Security:Prior to and following his inauguration for a non-consecutive second term, Trump had promised to end the most disliked aspect of Social Security. While his plan received nothing short of thunderous applause and overwhelming support from seniors, he ultimately failed to deliver on his vow when the flagship “big, beautiful bill” was signed into law. MSN back in July forcefully explained why the OBBB could not have eliminated taxes on Social Security:First and foremost, the idea that the megabill eliminates federal taxes on Social Security—a claim Trump has made repeatedly of late—is plainly false. In fact, congressional Republicans relied on the budget reconciliation process to advance the package, and it’s procedurally impossible to change Social Security through this complex process. Rather, as the New York Times reported, “older single filers will get the extra $6,000 deduction ($12,000 for couples), as long as their income falls under a certain ceiling (below $75,000 for single filers or $150,000 for married joint filers). Above those income levels, the deduction begins to decrease, and it goes away once single taxpayers’ income reaches $175,000 ($250,000 for couples).” What’s more, the deduction benefit won’t apply for Social Security recipients younger than 65. Will the Trump administration continue to misrepresent the impact of the OBBB on Social Security? If the past several months is any guide, the answer is an unequivocal yes. Perhaps the Trump administration, to borrow another pop cultural reference, is operating on the George Costanza principle. For those not familiar with the comedy show Seinfeld, Costanza, a hapless character who constantly misrepresents things, explains that he operates on the principle that “it’s not a lie if you believe it.”

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