What the bill does do is provide a temporary tax deduction of up to $6,000 for seniors aged 65 and older. The tax break is available to people with an adjusted gross incomes of $75,000 or less and $150,000 or less for couples filing jointly. The deduction is set to expire in at the end of 2028.

President Trump’s domestic agenda bill spans military and immigration measures, major cuts to national healthcare, and numerous industrial incentives — but the heart of the bill is still tax