Trump signed a controversial tax and spending bill that critics claim will harm low-income Americans while benefiting the wealthy.

The bill modestly and permanently raises the maximum amount of the child tax credit from $2,000 to $2,200 per child under the age of 17 and requires at least one parent to have a Social Security number. Those with lower incomes will not benefit as much because they make too little and the tax credit is not fully refundable.

President Trump repeatedly stated that he wanted to end Social Security benefit taxes, but that's not what the OBBB does. Instead, it adds a new $6,000 tax deduction for seniors ($12,000 for married couples) that they can claim on top of the standard deduction and existing senior deduction. Here's a closer look at how this adds up: