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,

President Trump's ambitious tax and spending bill has sparked controversy, particularly in healthcare and gambling sectors. With significant Medicaid cuts threatening rural health services and a new tax burden on gamblers,

Now that the tax and spending bill has been signed into law, how it will impact the finances of Americans is more clear.