President Trump's ambitious legislative initiative aims to reshape the fiscal and healthcare landscape in the U.S. While it seeks to extend the 2017 tax cuts, its broad scope means it will directly impact the financial lives and healthcare access of millions of Americans.

For President Donald Trump, this week stands to be not only one of the most consequential of his presidency on the international stage, but also perhaps in domestic policy as well. Much political attention has been focused in recent days on Trump's decision to strike nuclear sites in Iran.

While the fate of President Donald Trump's "Big Beautiful Bill" rests on what happens on Capitol Hill, the potential effects of it reach a lot closer to home.