How will the new tax bill affect you?

Republicans passed one of the biggest overhauls to the American tax system in decades.

What is in the newly minted bill? And what parts were negotiated out?

The "Tax Girl" and senior editor at Forbes, Kelly Erb, and Jared Walczak, a senior policy analyst at the Tax Foundation, joined MPR News contributor Chris Farrell for a conversation about what the new law might mean for your family and your business.

Use the audio player above to hear the full conversation.