Trump's new law offers tax breaks for families but slashes healthcare and food aid. Here's what parents need to know about the financial impact.

The bill will extend tax cuts passed under President Donald Trump’s first term, cut funding to social programs like Medicaid and add an estimated $3 trillion to the national debt.

The reduction in patients who qualify for Medicaid will mean free clinics must fundraise or find other funds to cover costs for care. In addition, some people would lose ACA coverage, causing more people to seek care at free clinics that are already stretched thin.

Democrats are looking to run the Republican Obamacare playbook and use the One Big Beautiful Bill Act as a political cudgel heading into the 2026 midterm elections. Early polling on President Donald Trump’s signature legislative victory suggests a small fraction of adults support the bill signed into law on Friday.

One health policy professor said cutting Medicaid and similar programs "will be devastating" to millions of Americans.

The lengthy spending and tax bill was signed into law by Trump on July 4. Here's when some measures take effect.

Four state legislators who represent parts of Oakland County hosted the meeting at the Troy Community Center on Monday, July 7. They and their audience expressed uncertainty and outrage about the bill, which passed the U.S. House of Representatives and U.S. Senate by narrow margins last week. Trump signed it on July 4.