Will next reconciliation bill reduce taxes on Social Security in 2025?

This market will resolve to "Yes" if Donald Trump signs signs a reconciliation bill that explicitly eliminates or cuts federal taxes on Social Security benefits in the United States by December 31, 2025, 11:59 PM ET. Otherwise, this market will resolve to "No". The bill must be explicitly passed using the budget reconciliation process, which allows for expedited consideration in the Senate and requires only a simple majority. Legislation which includes specific exceptions where federal income tax on Social Security benefits remains applicable for specified groups (whether by income or type of worker, etc) will still qualify, as long as the primary outcome of the law is the removal or reduction of federal income tax on Social Security benefits. This market will resolve based on the first reconciliation bill signed into law by Donald Trump during the market’s timeframe that includes major federal tax policy changes. If it becomes impossible for Trump to sign legislation (e.g. he resigns), this market will resolve to "No". This market's primary resolution source will be official information from the Trump administration, however a consensus of credible information will also be used.