Biden, Republicans still far apart on raising debt ceiling
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
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Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
With revenues down 35% so far this year, banks have started moving up their estimates of when the U.S. could hit the so-called X-date
House Speaker Kevin McCarthy unveiled on Wednesday the Republican plan to raise the nation's debt ceiling by $1.5 trillion, but it's tied to massive federal spending cuts. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green to discuss the GOP proposal.
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
The Treasury Department has been using so-called extraordinary measures to keep paying the bills since the government hit the debt limit in January.
In January, Treasury Secretary Janet Yellen sent a letter to congressional leaders telling them the U.S. had hit the $31.4 trillion debt limit.
Here are the options Congress has to avert a first-time U.S. credit default and the severe economic consequences that could follow.
The federal government caps the amount of money it can borrow. But what are the risks if Congress fails to lift the debt limit?
Without congressional action, the U.S. could default as soon as June, she wrote in a letter Friday.
After weeks of partisan wrangling, U.S. lawmakers reached a last-minute deal to avoid a financial crisis, for now, agreeing to pay off America's credit card through early December.
The government shutdown may have ended but there is already concern that another shutdown could happen in just a few months. Congress now faces deadline starting in January to achieve budget and debt ceiling deals.
As the stare down over the government shutdown ends its eighth night in Washington, lawmakers are readying for another fight.
The federal government shutdown is now affecting Minnesota jobs. The state will lay off 105 health department workers immediately, and thousands of other federal workers in the state will face the same fate. And Congress appears to be standing still. According to Congressman Erik Paulsen's office, he skipped out on his own event Monday to head back to Washington to work on ending the shutdown. Some disappointed constituents, like Michael Waring of Edina, said they wanted to talk with him about ending the shutdown - even if it means joining with Democrats to do it.
If you think this past week's fiscal cliff deal puts an end to the partisan grid lock in Washington, guess again.
Pell Grant funding for undergraduate students was preserved in the law to raise the federal debt ceiling, but it was financed by curbs to student loan subsidies that helped graduate students.
President Obama signed into law Tuesday the controversial bill raising the nation's debt ceiling. It didn't come without a bruising political fight, and a few exaggerations.
Minnesota Sens. Amy Klobuchar and Al Franken have voted for emergency legislation allowing the government to borrow more money and avoid a U.S. government default.
A deficit-reduction deal approved by the U.S. House on Monday split Minnesota's representatives, with the plan losing support from the left and right ends of the state's congressional delegation.
To avert a future debt ceiling and budget crisis, Congress has appointed a commission; a group of 12 to hammer out a deal the other 523 members of the House and Senate could not, and did not.
The U.S. Senate and House of Representatives are expected to vote Monday on a deal to raise the debt ceiling and cut the deficit.
Racing the clock to avoid a government default, President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.
As politicians in Washington D.C. fight like children in a sandbox that is too small, the nation waits for a deal that will avoid a national default.
By now, most Americans have probably heard the worst-case scenarios with hitting the debt ceiling: a dipping dollar, loan difficulties, a jump in interest rates. So, how likely is a worst-case scenario?
Minnesota Congressman Chip Cravaack has bucked Republican leaders and voted against a House bill to raise the debt ceiling and avoid a government default.
Voters in Minnesota's 2nd Congressional District will determine Tuesday whether incumbent Democratic Rep. Angie Craig keeps her seat or challenger Joe Teirab reclaims the district for Republicans for the first time since 2016.
The statewide referendum authored by Republican legislators asks for permission to amend the state constitution to clearly prohibit non-U.S. citizens from voting in any election held in the state.
Voters in Minnesota's 1st Congressional District will decide Tuesday to elect either incumbent Rep. Brad Finstad or challenger Rachel Bohman.
Voters in Minnesota will decide on Tuesday if Republican Royce White will unseat incumbent Democratic Sen. Amy Klobuchar in the race for the U.S. Senate.
All of Wisconsin's eight U.S. House congressional district seats are up for grabs on Election Day, with all but one race featuring an incumbent candidate.
Voters in Minnesota's 2nd Congressional District will determine Tuesday whether incumbent Democratic Rep. Angie Craig keeps her seat or challenger Joe Teirab reclaims the district for Republicans for the first time since 2016.
Voters in Minnesota will decide on Tuesday if Republican Royce White will unseat incumbent Democratic Sen. Amy Klobuchar in the race for the U.S. Senate.
Polling averages show Vice President Kamala Harris leading former President Donald Trump going into Election Day, but Trump has long sought to become the first Republican to win Minnesota since 1972.
The 15-member board made up of employers, workers, consumers and other community stakeholders would advise the mayor and city council on industry-specific regulations and workplace policies.
The 2024 election will be decided by the Electoral College, and Minnesota's 10 votes may or may not be part of the path to victory for Vice President Kamala Harris or former President Donald Trump.
Voters in Minnesota's 2nd Congressional District will determine Tuesday whether incumbent Democratic Rep. Angie Craig keeps her seat or challenger Joe Teirab reclaims the district for Republicans for the first time since 2016.
Voters in Minnesota's 1st Congressional District will decide Tuesday to elect either incumbent Rep. Brad Finstad or challenger Rachel Bohman.
Voters in Minnesota will decide on Tuesday if Republican Royce White will unseat incumbent Democratic Sen. Amy Klobuchar in the race for the U.S. Senate.
Polling averages show Vice President Kamala Harris leading former President Donald Trump going into Election Day, but Trump has long sought to become the first Republican to win Minnesota since 1972.
A northern Minnesota man is accused of stealing thousands of dollars from his former employer through an illegal cryptojacking scheme.
The statewide referendum authored by Republican legislators asks for permission to amend the state constitution to clearly prohibit non-U.S. citizens from voting in any election held in the state.
All of Wisconsin's eight U.S. House congressional district seats are up for grabs on Election Day, with all but one race featuring an incumbent candidate.
Both vice presidential candidates spent part of the final day before the election campaigning in Wisconsin, an indication of how critical votes there are in the deadlocked race.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
Tuesday is Election Day in Wisconsin, considered one of the battleground states in this year's race. Here's the ballot that Wisconsin citizens will be voting on.
To understand the depth of Monica Vega's work, you have to hear how her life started.
People of all ages with physical, emotional, and mental challenges build strength and confidence while riding a horse.
Inside Hennepin County Adult Detention Center, inmates are not only serving time but learning skills to keep them from coming back.
Za'Nari Collins, 6, lived out a special wish at Mall of America Monday thanks to the Bloomington Police Department and the Make-A-Wish Foundation.
Benilde-St. Margaret's — a catholic school that started in 1907 — is a place steeped in history, a place where a history-making educator walks the halls.
Voters in Minnesota's 2nd Congressional District will determine Tuesday whether incumbent Democratic Rep. Angie Craig keeps her seat or challenger Joe Teirab reclaims the district for Republicans for the first time since 2016.
The statewide referendum authored by Republican legislators asks for permission to amend the state constitution to clearly prohibit non-U.S. citizens from voting in any election held in the state.
Voters in Minnesota's 1st Congressional District will decide Tuesday to elect either incumbent Rep. Brad Finstad or challenger Rachel Bohman.
All of Wisconsin's eight U.S. House congressional district seats are up for grabs on Election Day, with all but one race featuring an incumbent candidate.
Polling averages show Vice President Kamala Harris leading former President Donald Trump going into Election Day, but Trump has long sought to become the first Republican to win Minnesota since 1972.
It's a Thanksgiving treat weeks before the holiday. No matter the brand, the bird is a cheaper buy.
Not only are experts sharing concerns about an escalation of violence, they're concerned that we're "going to lose track of that thin thread of reality that we're all sort of still clinging to."
For the first time since 1938, children in Des Moines, Iowa, will go trick-or-treating on Halloween. The city began its unusual custom of opting for Beggar's Night decades ago in hopes of tamping down on hooliganism.
North Dakota voters this fall could end the property tax by approving a ballot measure that opponents say would drastically slash a variety of state services.
A car, stolen in Chicago and recovered in Minnesota, was brought into Best Autobody in Blaine to be looked at. The car's owner now says the shop is asking for $30,000 or her car will be sent to auction.
A northern Minnesota man is accused of stealing thousands of dollars from his former employer through an illegal cryptojacking scheme.
Earl Bennett was charged with three counts of second-degree murder for the Oct. 27 shooting, according to a criminal complaint filed in Hennepin County on Monday.
The Hennepin County Sheriff's Office says the student had been observed playing a "school shooting video game" and had become "reclusive," missing much of the first semester of class.
Prosecutors in Crow Wing County filed charges against 35-year-old Chad Aanerud on Monday. Aanerud was arrested Friday morning after allegedly abducting a pregnant woman and her four children at gunpoint.
An officer's recall of a minor detail on a man's vehicle helped lead law enforcement to the suspect in a fatal hit-and-run in southern Minnesota, charges said.
Just like the leaves, the clock falls back and some people fall off balance, according to Dr. Marcel Hungs, a neurologist and sleep medicine specialist at HealthPartners.
After the Bills game on Oct. 20, the Hoehn-Low family and several others got to meet safety Damar Hamlin.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Twenty-five grams of sugar is about six teaspoons. It may sound like a lot, but you can hit that amount with just one item.
People of all ages with physical, emotional, and mental challenges build strength and confidence while riding a horse.
Quincy Jones, the multi-talented music legend who collaborated with everyone from Michael Jackson to Frank Sinatra, has died at 91, his family announced.
The "Dawson's Creek" alum shared the news on Sunday and said that despite the diagnosis, there is "reason for optimism, and I'm feeling good."
Teri Garr rose from being a background dancer in Elvis Presley movies to co-star in such favorites as "Young Frankenstein" and "Tootsie."
During six undistinguished seasons in the major leagues, Bob Uecker never played an inning for the Milwaukee Brewers. But during his more than half-century as the team's play-by-play announcer, he has become a mascot for the game.
The lead singer-songwriter for the superstar band Fleetwood Mac who became a superstar solo artist talks about her latest song, "The Lighthouse," that was inspired by her own experience with abortion, and a strong desire to "do something."
Becker and Princeton squared off in a battle of unbeaten teams Friday night for the section title in class 4A. Plus, hear about a generational connection at St. Cloud Cathedral.
Naz Reid scored 25 points and grabbed nine rebounds as the Minnesota Timberwolves beat the Charlotte Hornets 114-93.
The Minnesota Twins have exercised their $1.5 million club option for reliever Jorge Alcala.
Injuries to All-Pro long snapper Andrew DePaola and rookie kicker Will Reichard had the Minnesota Vikings assessing their options for temporary replacements in an midseason disruption to what has been one of the NFL's most productive kicking operations.
The team spends nearly 20 hours a week together practicing and competing, which creates a large bond, something they credit to their success.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
As Election Day nears, experts say voters in Wisconsin and other battleground states will decide the 2024 presidential election winner.
The polls have missed badly before — most infamously in 2016 when almost every poll had Hillary Clinton beating former President Donald Trump.
The Fitzgerald Theater is the oldest active theater in St. Paul — but is it also haunted?
Wisconsin bars are known for their pints and their patrons. About the last thing you'd expect to discover in such a place would be 55 feet of historic American artwork.
Did you know Minnesota has a real castle? Miller Castle, near Nisswa.
In this edition of Finding Minnesota, John Lauritsen takes us through the long history and evolution of the Goldy Gopher mascot.
The town has embraced the stones so much that every summer they have Agate Days, also known as the largest rock show in Minnesota, with over 100 vendors.
Just like the leaves, the clock falls back and some people fall off balance, according to Dr. Marcel Hungs, a neurologist and sleep medicine specialist at HealthPartners.
Twenty-five grams of sugar is about six teaspoons. It may sound like a lot, but you can hit that amount with just one item.
As the votes are tallied on election night and maps show which presidential candidate has a lead in each state, viewers likely won't need an explanation on why some states and red and others blue.
We are in the thick of fall and leaves are piling up across Minnesota. As you get to work in the yard, we wanted to know: What are the benefits of mulching leaves?
Homelessness is a difficult issue to quantify, but for more than three decades the Wilder Foundation has been trying to do just that through the Minnesota Homeless Study.
Regions Hospital and Children's Minnesota share photos of their tiniest patients dressed to the nines for Halloween.
Minnesotans got a great view of the northern lights Thursday night due to the arrival of a severe geomagnetic storm.
Minnesotans got a great view of the northern lights Monday night.
Storms ripped through parts of Minnesota and western Wisconsin on Thursday evening. There were several reports of tornadoes and trees were downed in the metro and beyond, including in Cottage Grove, Anoka, Champlin and Fridley.
A powerful thunderstorm tore through the grounds of the Minnesota State Fair on Monday night, delaying Tuesday's opening.
WCCO meteorologist Chris Shaffer says it will be cooler tomorrow with highs in the upper 40s.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
WCCO meteorologist Chris Shaffer says it will be rainy tomorrow morning into the afternoon.
WCCO meteorologist Chris Shaffer says it will be mainly cloudy with a some patchy drizzle overnight.
WCCO meteorologist Mike Augustyniak says the next round of rain arrives Tuesday morning and lingers into the afternoon.
WCCO meteorologist Chris Shaffer says it will be cooler tomorrow with highs in the upper 40s.
You may feel a bit more alert than you normally do this time of night. We all got an extra hour of sleep this weekend thanks to daylight saving time. But did it make a difference? Can you catch up on sleep? Good Question.
A controversial proposal in Minneapolis has workers excited and business owners talking about leaving the city. David Schuman explains the new idea the council is poised to consider.
A Brainerd man faces a litany of charges, including murder, kidnapping and arson, in connection with a crime spree that prompted an AMBER Alert last week.
A new safety center opened in south Minneapolis on Monday with the hope of curbing crime in the area.