(The Center Square) - Republicans' mammoth budget reconciliation bill includes major changes to Medicaid, food stamps, student loans and more. It also permanently extends President Donald Trump's 2017 tax cuts - at a cost of at least $3.3 trillion.

Passing the House Thursday by a razor-thin margin, the One Big Beautiful Bill Act funds large swaths of Trump's policy agenda while authorizing a $4 trillion debt ceiling hike. The legislation consists of 11 separate House committee prints that collectively fulfill the budget resolution's 10-year spending and savings instructions.