Millions of low-income Americans, including families with children, could lose their food stamp benefits under House Republicans’ newly passed tax and spending cuts package, according to a Congressional Budget Office analysis released Thursday.

An internal House Republican memo shared with Fox News Digital highlights the key Republican accomplishments included in President Donald Trump's "big, beautiful bill," which clocks in at 1,118 pages.

Trump Accounts would be a boost for all children, experts say. Saving early and allowing compound growth do its magic is key.

Catch up on the political news of the past week in the latest At the Races newsletter, including budget reconciliation and the 2026 midterms.

The fate of the state and local tax deduction, or SALT, is dividing lawmakers by geography as well as politics.

🇺🇸The One, Big, Beautiful Bill "is arguably the most significant piece of Legislation that will ever be signed in the History of our Country!" Great job by Speaker Mike Johnson, and the House Leadership, and thank you to every Republican who voted YES on this Historic Bill!" pic.twitter.com/4e22PHtlxl

Republicans are touting House passage of a megabill to fund Trump’s agenda as a win for Americans. Democrats slam it as benefiting the rich and hurting low-income people.

America faced a once-in-a-century health crisis that crashed the economy and threatened the lives of millions. Republicans and Democrats came together to pass a forceful, and expensive, emergency response that helped prevent permanent scarring to the economy.