President Donald Trump signed the “Big, Beautiful Bill” into law Friday, triggering a countdown to cuts that will impact many Maryland residents in the coming years. Republicans passed the legislation Thursday after Congress pulled two all-nighters to meet Trump’s self-imposed July 4 deadline.

Here's a look at the main components of the bill and how the changes could affect tax cuts, Medicaid, food stamps, offshore oil, energy and more in Louisiana.

President Trump's signature tax and spending legislation, the "big beautiful bill," is now law, and that means cuts to Medicaid spending. The big picture: The law sets in motion almost $1 trillion in slashes to Medicaid and other health policy changes,