The GOP-backed One Big Beautiful Bill Act includes some big changes to the Supplemental Nutrition Assistance Program.

Fremont’s proposed budget shows that the city expects to spend about 94% of its money on police, fire and maintenance work. Police will be taking the lion’s share of nearly half of overall spending. Last year, the city spent over $118 million on police, with $123.5 million projected to be spent by the end of the fiscal year in June.

Treasury Secretary Scott Bessent found himself in an unexpected position Friday morning, facing a challenging question from — of all people — a Fox News anchor. The budget bill passed by the House this week “adds trillions to our debt,” Fox’s Bill Hemmer noted. “How is that acceptable to this administration?”

WASHINGTON (Reuters) -The House budget bill that narrowly passed in an early morning vote on Thursday would effectively put the brakes on a clean energy production boom in the United States spurred by subsidies enacted in 2022.

Ray Dalio said Republicans and Democrats agree that the budget deficit needs to be addressed, but their political squabbling prevents a solution. Any bipartisan effort to reduce the budget wouldn’t happen until after the 2026 midterms,

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The LA City Council approved a revised budget to close its deficit, which also reduced layoffs from roughly 1,600 to about 600.

A three-month budget will go into effect in July amid the possibility of a potential endowment tax increase that could cost the college millions more.

Yields on government debt have risen as Congress weighs Trump’s budget plan. Meanwhile, interest on the debt is approaching $1 trillion a year – on par with proposed Defense spending.