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Headlines From The Times

Trump’s Beautiful Bill, California’s Quake Risk, and AI’s Next Frontier

Headlines From The Times

L.A. Times Studios

News, Daily News, Society & Culture, The Times, California

4.1544 Ratings

🗓️ 22 May 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Trump’s sweeping 1,000-page bill proposes permanent tax breaks, deep cuts to social programs, and new financial benefits for newborns. In California, $33 million in federal earthquake retrofit funding just vanished, jeopardizing safety upgrades to vulnerable buildings. And OpenAI just made a $6.5 billion deal, teaming up with former Apple design chief to build what they’re calling the future of computing.

Transcript

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0:00.0

Hi, I'm Cairo Jondu at LA Times Studios.

0:07.0

Here are some of today's headlines from the Los Angeles Times.

0:11.0

President Trump's one big, beautiful bill, is more than 1,000 pages long and packed with sweeping changes.

0:20.0

Kevin Frecking and Lisa Moskado report the Republican-led plan would lock in tax cuts slash

0:25.8

social spending and boost border security.

0:28.5

The bill would make Trump's 2017 tax breaks permanent while adding new cuts for tips,

0:33.9

overtime, and small businesses.

0:36.1

It also calls for deep spending cuts,

0:38.2

including new work requirements for food stamps and Medicaid

0:41.6

that could cost millions of their coverage.

0:43.6

The bill blocks funding for Planned Parenthood,

0:46.1

drops taxes on gun silencers,

0:48.0

and creates a MAGA savings account,

0:50.4

giving $1,000 to babies born between 2024 and 2028.

0:55.0

MAGA here stands for money accounts for growth in advancement.

0:59.0

For more on what is inside this legislation, head to the far.

1:03.0

The Trump administration has canceled $33 million in federal funding for earthquake retrofits in California.

1:10.0

Ron Lim reports the cut

1:11.6

has triggered outrage from Senator Adam Schiff, who warned that lives could be lost if the

1:16.6

decision isn't reversed. The money was meant to strengthen soft-story apartment buildings, which

1:22.0

have flimsy ground floor supports that can snap during an earthquake. These kinds of structures

1:26.9

have reportedly collapsed in past earthquakes and killed residents inside.

...

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