A new report from the non-partisan Tax Foundation estimates that President Donald Trump’s One Big Beautiful Bill Act — signed into law last month — will reduce federal taxes by an average of $3,752 per individual taxpayer in 2026 and generate about 938,000 full-time jobs over the long term. The analysis finds tax relief in every U.S. state, with the largest average savings projected for residents of Wyoming, Washington and Massachusetts. The White House and senior House Republicans amplified the findings on Friday, saying the law constitutes the largest middle-class tax cut in decades. They highlighted provisions such as making permanent the 2017 individual rate reductions, eliminating federal income tax on Social Security benefits for roughly 88% of recipients, and new deductions for tipped and overtime income. Party leaders also pointed to embedded farm-policy measures and business incentives they say will spur investment. Democratic lawmakers disputed the administration’s characterization, accusing Republicans of threatening Social Security’s long-term stability even as the program marks its 90th anniversary. House Minority Leader Nancy Pelosi warned against any moves to scale back field offices or staffing, while several Democrats reiterated support for safeguarding the retirement program’s benefits.