H. R. 1129, known as the "Tax Relief Unleashed for Seniors by Trump Act," proposes changes to the Internal Revenue Code to enlarge the amount of social security benefits that can be excluded from gross income for tax purposes. Specifically, it intends to double the existing...
Simple Explanation
This bill wants to let people who get social security benefits keep more of their money without paying extra taxes, by increasing the amount they don't have to count as income. It also wants these amounts to go up with inflation so people can always keep up with costs, just like when the prices of things go up each year.