President Donald Trump keeps saying that Republicans’ mega tax and spending cut legislation will eliminate taxes on federal Social Security benefits. It does not.

Up to 85 percent of Social Security benefits can be taxed—but a new deduction will reduce how much seniors need to pay.

Starting in July, the federal agency will start withholding 50% of a person’s check if they’ve received an overpayment of their benefits. The withholding, officially part of what’s known as the Treasury Offset Program, will remain until the extra benefits are repaid.

Regular Social Security retirement benefits for the month of July will be sent out on the SSA’s usual schedule: Wednesday, July 9: Birth dates between the first and 10th of the month. Wednesday, July 16: Birth dates between the 11th and 20th of the month. Wednesday, July 23: Birth dates between the 21st and 31st of the month.

The Social Security Administration is clawing back more in overpayments than it has in the past thanks to a new rule. Up to two million Americans could see their Social Security payments reduced by 50% in late July.