The Republican-backed "One, Big, Beautiful Bill" has made a lot of headlines in recent weeks. The bill, intended to deliver on some of President Donald Trump's major campaign promises, includes things like no taxes on tips or overtime pay as well as new rules limiting some immigrants' access to various types of government aid.

The bill includes provisions that would reduce funding for Medicaid and add stricter eligibility requirements. Costs of insurance on the Affordable Care Act marketplace could also go up.