Category: CNN Business News

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Bessent condemns Newsom’s ‘dangerous’ threat to withhold $80B in federal taxes amid trans athlete controversyBessent condemns Newsom’s ‘dangerous’ threat to withhold $80B in federal taxes amid trans athlete controversy

Treasury Secretary Scott Bessent has accused California’s Gov. Gavin Newsom of threatening to commit tax evasion after he threatened to stop paying the “over $80 BILLION” in taxes the state

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Trump’s budget chief says ‘big beautiful bill’ could actually reduce ‘deficits and debt’ by $1.4 trillionTrump’s budget chief says ‘big beautiful bill’ could actually reduce ‘deficits and debt’ by $1.4 trillion

Office of Management and Budget director Russ Vought defended the Trump administration’s sweeping economic package on Sunday, pushing back on concerns it could balloon the national debt.  Vought called it

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