Trump's exclusion of an oft-touted Social Security proposal will be highly unpopular but is absolutely necessary.

This is a historic step forward for America’s seniors,” said Social Security Commissioner Frank Bisignano in the message. “By significantly reducing the tax burden on benefits, this legislation reaffirms President Trump’s promise to protect Social Security and helps ensure that seniors can better enjoy the retirement they’ve earned.

President Donald Trump signed into law House Resolution 1, which he called "One Big, Beautiful Bill," while hosting a military family picnic event at the White House on Friday evening.

The bill is likely to benefit high-end buyers and real estate professionals while lower-income Americans continue to struggle.

Just after the One Big Beautiful Bill Act passed the U.S. House of Representatives on Thursday — in time for a grand Independence Day signing ceremony at the