President Trump has overseen a flurry of Social Security changes in his first five months in office. In less than three weeks, a 50% clawback rate on Social Security overpayments -- up from just 10% during Joe Biden's presidency -- will officially kick in.

The Social Security Administration, which overpays billions in benefits annually, will start withholding some benefits sent to overpaid recipients.

The Social Security Administration will be cutting some American’s checks in half starting later this month to recoup nearly $72 billion in improper payments. People who have received more Social Security benefits than needed can expect their monthly payments to be cut in half by around July 24 until the overpayment is repaid.