From an increase in the child tax credit to a repeal of student loan forgiveness, here's how Trump's "big beautiful bill" could affect you.

P resident Donald Trump’s “big, beautiful” tax-and-spending bill could come with a big, ugly cost, economists warn. Nonpartisan research groups studying the proposal have estimated that it would add more than $2.5 trillion to the federal debt—currently at an all-time high of $36.8 trillion—over the next decade.