Newsom Federal Tax Threat

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Trump, Newsom and California

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

Treasury Secretary Bessent warns Gov. Newsom that withholding federal tax payments over Trump's proposed transgender athlete fines would constitute tax evasion.

My NBC5 on MSN · 1d

Newsom threatens to withhold California tax dollars from the rest of US after latest Trump threat

After reports surfaced that President Donald Trump was eyeing a large-scale sweep of federal funding from California, Gov. Gavin Newsom suggested the state may cut off its flow of funds to the rest of the country.

The Economic Times on MSN · 2d

California, the world’s fourth-largest economy, takes on Trump and threatens to withhold $80 billion in federal taxes

Gavin Newsom federal tax threat has taken center stage as the California Governor warns President Trump over possible cuts to federal grants. Newsom says California sends $83 billion more in taxes to Washington than it gets back — and hes ready to rethink that.

Davis Vanguard1d

UAW and Newsom Condemn Trump’s Reported Plan to Cut CA Research Grants

California officials and union leaders are condemning a rumored proposal by Trump to cancel federal research grant funding ...

1don MSN

Gavin Newsom Reacts to CNN Report That Trump Is Canceling Funding for the State: ‘Californians Pay the Bills for the Federal Government’

California Governor Gavin Newsom ripped President Trump for planning to cancel a "large swath" of federal funding for state ...

Raw Story on MSN2d

We 'pay the bills': Trump hit by direct threat as he targets California

President Donald Trump is reportedly considering a freeze on federal funding to the state of California — but Gov. Gavin ...

The Hollywood Reporter1mon

Newsom Signals He’s Willing to Work With Trump on $7.5B Federal Tax Credit for U.S. Entertainment Industry

A potential federal tax credit scheme ... That’s sort of a threat to our country in a sense.” Asked for comment, a spokesperson in Newsom’s office said later on Sunday: “Looks like ...

Washington Examiner1mon

Newsom looks to team up with Trump on federal film tax credit

Gavin Newsom (D-CA) said he is looking to work ... The exact details of what the federal tax credit would entail remain unknown. Sen. Adam Schiff (D-CA) said he was working on a federal film ...

Forbes1mon

Gavin Newsom Urges Trump To Back $7.5 Billion Hollywood Tax Credit

Newsom said he wants to work with the Trump administration to craft a $7.5 billion federal film tax credit scheme to ... therefore a “National Security threat.” The president said he has ...

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