The 'One Big Beautiful Bill' introduces a temporary $4,000 deduction for seniors, but its real impact on low-income retirees is questionable. While marketed as historic tax relief, the measure may fall short for those relying solely on Social Security.

For most Americans, Social Security income isn't a luxury -- it's a foundational part of their financial well-being. More than two decades of annual surveys from national pollster Gallup have consistently found that between 80% and 90% of retirees lean on their Social Security check, to some degree, to cover their expenses.