BreakingBob Iger, Josh Kushner to buy Lakers for $12 billion, ESPN reports
24/7 LiveLos AngelesOrange CountyInland EmpireVentura CountyCalifornia

Weather Alert

Coastal Flood Advisory

7-Day Forecast

Gas Calculator

En Español

7 On Your Side

Submit News Tips

ABC Price Tracker

Budget

California schools set to receive major funding boost under budget

  • Jul 10
AP Photo/Jeff Chiu

Newsom signs $352B spending plan and reflects on signature policies

  • Jun 30

Summer travelers relying on Spirit may struggle to find budget option

  • May 19

LA mayor proposes $14.9B spending plan that includes no layoffs

  • Apr 21

Newsom faces $2.9B budget shortfall in his last year as governor

  • Jan 10

Newsom punched back at CA critics in final State of the State speech

  • Jan 9

Mayor urges City Council to find $4.4M for LAPD hiring

  • Dec 12, 2025

CA lawmakers found money for these pet projects despite budget deficit

  • Nov 9, 2025

Latest Videos

4:18

MLK Jr. Community Hospital, vital to LA community, could shut down again due to Medicaid cuts

  • Jul 18
1:14

Newsom highlights major education investments as budget increases funding for CA schools

  • Jul 10
2:55

LA Mayor Bass proposes $14.9 billion spending plan that includes no layoffs

  • Apr 21
2:48

Newsom faces another multibillion-dollar budget shortfall in his last year as governor

  • Jan 10
2:46

Newsom punched back at California critics in his final State of the State speech

  • Jan 9
1:20

Gov. Newsom to deliver final State of the State address amid $18B budget deficit

  • Jan 8
2:31

Mayor urges City Council to find $4.4M for LAPD hiring

  • Dec 12, 2025
2:17

Mayor urges City Council to find $4.4M for LAPD hiring

  • Dec 12, 2025

Latest Stories

AP Photo/Alex Brandon

Senate rejects competing bills to fund government, increasing risk of shutdown on Oct. 1

The Senate rejected competing measures on Friday to fund federal agencies for a few weeks when the new budget year begins on Oct. 1.

  • Sep 19, 2025

Protesters gather for 'Families First' rally in Downtown LA against Trump's immigration policies

The protesters said they are speaking out against the Trump administration's immigration policies and the "One Big Beautiful Bill."

  • Jul 27, 2025

Los Angeles sets new record with $286 million in liability payouts, city controller says

The city of Los Angeles has set a new record in liability payouts.

  • Jul 12, 2025
AP Photo/J. Scott Applewhite

Senate Republicans advance Trump's tax and spending cuts bill after dramatic late-night vote

Senate Republicans voting in a dramatic late Saturday session narrowly cleared a key procedural step as they race to advance President Donald Trump's package of tax breaks, spending cuts and bolstered deportation funds by his July Fourth deadline.

  • Jun 29, 2025

California legislature approves $750 million film tax credit

Trying to lure productions back to Hollywood, California has voted to approve a major expansion to the state's film and TV tax credit program.

  • Jun 28, 2025