President Donald Trump’s multitrillion-dollar tax and spending package moved closer to reality after it passed the Senate Tuesday.Republican senators altered an earlier version approved by the House to make deeper cuts to safety-net programs such as the Medicaid health insurance for the poor and disabled.

U.S. Senate Republicans passed President Donald Trump's massive tax-and-spending bill on Tuesday by the narrowest of margins, advancing a package that would slash taxes, reduce social safety net programs and boost military and immigration enforcement spending while adding $3.

Trump is still saying Social Security benefits won’t be taxed. The reality is that the tax break under discussion is a temporary bonus senior tax deduction whose size depends on which version of the bill makes it into law. The latest version in the Senate includes a $6,000 per person deduction, compared with the House-passed $4,000 deduction.