The "One Big Beautiful Bill" contains a 50 percent reduction in the tax break that allows team owners to save millions of dollars.

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.

House Speaker Mike Johnson shepherded through Congress President Trump's spending bill, which includes Medicaid work requirements.

Work requirements — better understood as benefit limits for the unemployed — are the centerpiece of Medicaid and food benefit cuts Republicans are using to offset part of the cost of tax cuts at the heart of their so-called “One Big Beautiful Bill.” Work requirements were the core of a 1996 welfare reform bill that Clinton signed into law.

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.

The massive budget bill passed by the House includes new tax breaks for tipped workers and those who get overtime.

Republicans defend budget legislation as economic plan to make life more affordable amid fierce partisan battle over social program cuts