President Donald Trump’s "big beautiful bill" will add $3.4 trillion to the U.S. national debt over the next decade, according to the nonpartisan Congressional Budget Office.

Tax deductions introduced in the "One Big, Beautiful Bill" could benefit older and working Americans the next time they file taxes.

Millions of American babies are eligible for "Trump Accounts" under the One Big Beautiful Bill Act that was signed into law by President Trump on July 4.

As a candidate, Trump promised to lift taxes on overtime. The new law allows workers to deduct up to $12,500 in overtime compensation (for single filers) or $25,000 (for joint filers). This deduction phases out for income levels between $150,000 and $275,000 (for single filers) and $300,000 and $550,000 (for joint filers).

Republicans, including Senate Minority Leader John Braun, have cheered on the bill for offering tax breaks to middle-class residents.

The Democratic National Committee is showing where President Trump's bill could hurt people in the state, but the White House points to savings.

An analysis by a think tank found that annual household energy costs in the state will increase $110 by 2030 and $410 by 2035.

The nonpartisan Congressional Budget Office says Trump’s recently passed “big, beautiful bill” will add $3.4 trillion to the national debt and could result in 10 million people losing their health insurance.