Santa Clara County officials fear that Republicans’ “big, beautiful bill” will rip a “seismic tear” in the country’s social safety net as they brace for more than $1 billion in lost federal revenues locally over the next few years.

The megalaw reduces the number of federal student loan repayment options and places a cap on how much individuals can can borrow for higher education.

The “Big Beautiful Bill" President Donald Trump signed into law sends billions to (and away from) U.S. businesses. Here are some of the winners.