The president and his Senate allies have cited inaccurate claims about their tax and policy bill. As President Trump sought to pass his tax and domestic policy bill, he and his allies have insisted that the legislation would be a boon for seniors and the middle class.

The $40,000 cap would begin in 2025, with the same $500,000 income phaseout, and both figures would rise by 1% annually from 2026 through 2033.

What made the cut—from SALT to no tax on tips—and what didn’t.