US Social Security Administration Commissioner Frank Bisignano joins ‘Mornings with Maria’ to explain how the Trump administration’s tax agenda can deliver record tax refunds, expand senior benefits and improve government services.
The first CEO of the Internal Revenue Service is reinforcing signals from the Trump administration that Americans could see “the biggest tax refund ever” in the new year.
“We have to wait for what the president says, as always,” Frank Bisignano – the commissioner of the Social Security Administration – said on “Mornings with Maria” on Tuesday.
“And the great leadership of the secretary of the Treasury has put us in a position to be able to bring a lot of ways to America.”
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Bisignano confirmed that a big tax refund is expected in 2026, echoing President Donald Trump’s year-end speech last week in which he predicted the “biggest tax refund season of all time” next spring and said most families could save between $11,000 and $20,000 a year.
Social Security Administration Commissioner Frank Bisignano speaks as President Donald Trump looks on before signing a presidential proclamation in the Oval Office of the White House in Washington, DC, on Aug. 14, 2025. (Getty Images)
“You’re going to see about 94% of middle-class Americans get a boost, their tax rates go down and they get a benefit going forward,” the IRS CEO said.
“You’ll see all of our Social Security recipients receive benefits of up to $6,000 like [Trump] committed to making Social Security benefits tax-free,” he continued. “It’s going to be the biggest refund we’ve ever seen, and it’s all because of the leadership of the president and the Treasury secretary under ‘One. [Big] Good Bill,’ incomparable.”
Bisignano also noted that the so-called “Trump accounts” – a large savings campaign for children – will begin accepting donations on July 4, 2026.
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“It’s one of the most amazing pieces of tax work ever done. And if you think about it, $1,000 today will be worth $500,000 at age 60,” Bisignano said.
The comments come as Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett both told FOX Business that executives expect bigger refunds and higher take-home pay next year, as Americans continue to express concerns about affordability.
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The ‘Big Money Show’ panel discusses President Donald Trump’s tough economic message, cooling inflation, rising real wages and why Americans aren’t feeling relief despite improving data.
“We’re going to see the biggest refund cycle in American history, and people are going to get the biggest refund checks,” Hassett said in an interview with “Varney & Co.” last Thursday. “We expect that part of it alone to be worth a few thousand dollars in reimbursement,” Hassett added. “The numbers are striking.”
“There will be a big return to working American households in the first quarter,” Bessent told Maria Bartiromo last week. “We will see a return of up to $100 to $150 billion in the first quarter directly into the pockets of the American people.”
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