The 'One Big Beautiful Bill' proposes changes to Social Security and Medicare, potentially affecting retirees and low-income families. Here's who could be impacted and how U.S. financial aid programs

New study shows GOP’s “Big Beautiful Bill” would speed up depletion of Social Security and Medicare trust funds, triggering deeper benefit cuts.

Here's a look at whether you should be delighted or worried about the bill. (Spoiler: You may want to put away the confetti and noisemakers.)