Here's a look at the main components of the bill and how the changes could affect tax cuts, Medicaid, food stamps, offshore oil, energy and more in Louisiana.

Republican Louisiana Senator Bill Cassidy said President Trump's 'One Big, Beautiful Bill' will ignite the American economy.

"big beautiful bill"... it's officially law now... louisiana democrats say program cuts will harm people in our state.. republican senator bill cassidy says it'll help--more than hurt.

Of the $16.4 billion annual Medicaid costs for Louisiana, state taxpayers kick in about $3 billion, according to the Legislature. The new law would halt some of the tools Louisiana uses to pay that $3 billion, requiring the state to pour in extra money or let some people go without health insurance.

President Donald Trump's proposed bill has raised concerns in Louisiana about potential Medicaid cuts and the closure of rural hospitals, with state leaders divided on its impact.

The Louisiana Democratic Party says President Trump’s Big Beautiful Bill will have devastating impacts on the state, but republicans say the tax cuts were necessary.