The president’s sweeping domestic policy achievement extends his expiring 2017 tax cuts, but could cause millions in the U.S. to lose their health coverage and food aid over the next decade.

Donald Trump signed his 'big beautiful' tax and spending bill into law July 4. Here are the five biggest winners and losers:

The "no tax on tips" provision within the Senate version of the One Big Beautiful Bill Act allows tipped workers to deduct tip income from their federal taxable income, up to $25,000 annually. The deduction phases out for individuals earning more than $150,000 and couples earning over $300,000.