Video: All You Need to Know About State Budget in 2 Minutes

A few things about summertime in California have become utterly predictable: cineplex superheroes, beach crowds, and a record-setting state budget. Two years ago, we told you the state’s budget hit $180 billion—and that with that money you could buy the Los...
Photo of President Donald Trump talking about taxes.

With Deficit Ballooning, Trump Wants More Tax Cuts

The Congressional Budget Office and other nonpartisan analyses project that President Donald Trump's tax cuts passed in December will add more than $1 trillion to the deficit over the next decade. For those keeping track at home, fortune.com reports that th...