Social Security’s Bisignano Hails US Tax Bill as ‘Historic Step’
Social Security Administration Commissioner Frank Bisignano
Photographer: Daniel Heuer/BloombergSocial Security Commissioner Frank Bisignano lauded the $3.4 trillion fiscal tax package bill passed by the US House this week for providing tax relief to millions of older Americans.
“This is a historic step forward for America’s seniors,” Bisignano wrote in the email Friday. The administration said that 90% of Social Security recipients will no longer pay federal income taxes on their benefits.