The One Big Beautiful Bill is a massive proposed tax and spending package loaded with initiatives that align with Trump’s agenda. As it’s currently written, the bill includes major changes to Medicaid, food stamps, border security, taxes and more that have the potential to affect millions of Americans.

No federal taxes on Social Security benefits. That was one of the key campaign promises made by Donald Trump when he ran for president last year. When the president called for "one big beautiful bill" to enact his domestic policy agenda,

Highlights of the bill include a bigger SALT deduction, cuts to Medicaid, and tax breaks on tipped wages. Here’s how it may impact you.