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 Donald Trump signs $3.3 trillion tax bill that extends 2017 tax cuts, raises debt limit by $5 trillion, rescinds Biden green energy credits, and adds Medicaid work requirements.