Newsom Signs California Budget Aimed at Addressing $12 Billion Deficit

California Governor Gavin Newsom speaks in Los Angeles on Sep. 25, 2024. John Fredricks/The Epoch Times California Gov. Gavin Newsom on Friday signed the state budget that is projected to close a $12 billion deficit through spending reductions on some of the state’s ongoing programs. The signing came shortly after lawmakers approved the $321 billion

What’s in Trump’s “big, beautiful bill” headed for Senate vote

Washington — Senate Republicans released the latest version of President Trump’s massive spending and tax bill late Friday as the GOP eyes an ambitious July 4 deadline to approve the centerpiece legislation of the president’s second-term agenda.  After the House narrowly approved the legislation that addresses the president’s tax, defense, border and energy priorities last month,

Senate Republicans Release Updated Draft of Megabill as Deadline Nears

(L) Elect Majority Leader Sen. John Thune (R-S.D.) after the Senate Republican leadership election on Nov. 13, 2024; (R) House Speaker Mike Johnson speaks during the GOP weekly press conference on Capitol Hill on Nov. 19, 2024. Madalina Vasiliu/The Epoch Times WASHINGTON—Senate Budget Committee Chair Lindsey Graham (R-S.C.) released a revised version of the One Big

Megabill’s Baby Bonus Is Civilizational Strategy for Some, Questionable for Others

Children listened during a patriotism program by the American Legion Post 1181 at Circleville Elementary School in Circleville, N.Y., on Nov. 6, 2023. Cara Ding/The Epoch Times WASHINGTON—Parts of the One Big Beautiful Bill Act are being seen as encouraging people to have children at a time of falling fertility in the United States. The version