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.
Christian Benteke scored the first and last goals of the match and picked up an assist in between to rally D.
From major floods to a major festival — work is underway to transform St. Paul's Harriet Island into an oasis for festivalgoers.
Jaylani Hussein, the executive director of CAIR-MN, says the building had been vacant for more than a year without incident, then the plans for the space were announced to neighbors in May.
Ohio Sen. JD Vance delivered a speech on the third night of the Republican National Convention and accepted the party's nomination for vice president.
Federal investigators say a pilot failed to maintain clearance from power lines and crashed while attempting to land a hot air balloon in Rochester earlier this year.
From major floods to a major festival — work is underway to transform St. Paul's Harriet Island into an oasis for festivalgoers.
Jaylani Hussein, the executive director of CAIR-MN, says the building had been vacant for more than a year without incident, then the plans for the space were announced to neighbors in May.
Erick Haynes was sentenced to life in prison in April for the murder of McKeever, the mother of his 1-year-old child.
Some neighbors and business owners say they feel blindsided by a proposed plan to put an emergency homeless shelter in the heart of Minneapolis' Uptown.
Five Gopher women's basketball players, Amaya Battle, Mallory Heyer, Sophie Hart, Grace Grocholski and Niamya Holloway, coached kids at the Sanneh Foundation's summer camp on Wednesday morning.
Federal investigators say a pilot failed to maintain clearance from power lines and crashed while attempting to land a hot air balloon in Rochester earlier this year.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
As rain became scarce the past few years for Minnesota's sweet corn farmers, it put the crop in jeopardy more than once.
Multiple state and federal agencies are working together following a massive spill of coal ash wastewater from a northern Minnesota energy plant.
A Native American tribe in northern Minnesota will be celebrating with state leaders Wednesday the return of nearly 12,000 acres of land.
The Dunn County Sheriff's Office says the crash happened around 10:46 a.m. at 710th Street and 240th Avenue in Spring Brook.
A group of farmers is changing how they use their land by working with nature to improve their animal's health, along with the soil and water.
A faculty committee has recommended that a former chancellor of the University of Wisconsin at La Crosse be removed from his tenured position over his involvement in adult entertainment.
"I was like, okay we got to do something about this. We have to write a story that actually talks about what it's like to have a disability and that you are just a normal person," said writer Katie Mettner.
There may be no better cultural ambassador for Wisconsin than Charlie Berens.
Spike Moss spent decades fighting for his community, much of that time along Plymouth Avenue.
Veterans who had been living on the street now have a new home in St. Paul as part of the Minnesota Assistance Council for Veterans' effort to end homelessness.
On the museum's website, a banner reads: "There's no place like home. Donate to keep the ruby slippers where they belong."
Since the crash, the Elk River hockey community has donated more than $16,000 to help Charles Gabrelcik in his recovery.
President Biden spoke at Mt. Airy Church of God in Christ in northwest Philadelphia before traveling to Harrisburg Sunday afternoon.
Ohio Sen. JD Vance delivered a speech on the third night of the Republican National Convention and accepted the party's nomination for vice president.
The survey from Reuters and Ipsos found that 87% are concerned about people resorting to violence instead of peacefully resolving their differences.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
Whether you plan to hit the water, savor the treats or maybe just stay indoors, Minnesotans are in for a hot summer weekend.
A 2019 blue Hyundai Elantra has given Erin Walters the freedom to travel across the country. That all changed a week ago after she tried renewing her car insurance with State Farm and was denied.
A recent study shows that Minnesota is ranked sixth in the nation for business, with high marks coming from areas judging the state's competitiveness, workforce, infrastructure, economy, quality of life and business friendliness.
TikTok chose to do its media presentation in the Twin Cities at Glam Doll Donuts in south MInneapolis. Among the presenters were two local women who are thriving on the platform.
Customers of Downtown St. Paul's sole grocery store will have five fewer hours to shop each day.
Jaylani Hussein, the executive director of CAIR-MN, says the building had been vacant for more than a year without incident, then the plans for the space were announced to neighbors in May.
Erick Haynes was sentenced to life in prison in April for the murder of McKeever, the mother of his 1-year-old child.
The Minnesota State Patrol says it's investigating a hit-and-run crash early Wednesday morning in Burnsville that seriously injured a 24-year-old man.
A 21-year-old Montrose man faces decades in prison in connection to a fatal crash involving a stolen pickup truck earlier this month in central Minnesota.
The Hennepin County Sheriff's Office unveiled a new dashboard on Wednesday that lists the number of people in the county's jails.
The nice weather this week might have you wanting to go for a swim, but several beaches in Minneapolis are still off limits.
South Dakota Judge John Pekas dismissed a lawsuit filed by an anti-abortion group, Life Defense Fund, that sought to have the question removed even though supporters turned in more than enough valid signatures to put it on the ballot.
U.S. News and World Report also named the Mayo Clinic in Rochester to its Honor Roll, which recognizes the best hospitals nationwide.
The funny bone is anything but funny. So why does it hurt so bad when it gets hit? It turns out there's a "humerus" answer.
According to the Metropolitan Mosquito Control District, West Nile has been confirmed in samples taken from Anoka and Dakota counties.
From major floods to a major festival — work is underway to transform St. Paul's Harriet Island into an oasis for festivalgoers.
Minnesota's largest Black-sponsored festival will ring in its 42nd year this weekend with performances from two of hip hop's most legendary artists.
Nominations for the 76th annual Emmy Awards were announced Wednesday, with "Shōgun," "The Bear," "Hacks," "Only Murders in the Building" and "Baby Reindeer" all earning multiple major nods. See the full list of nominees for the 2024 ceremony here.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
Christian Benteke scored the first and last goals of the match and picked up an assist in between to rally D.
Nate Deziel, a North Dakota State University graduate from Moorhead, Minnesota, surged past the pack, which, at one time, consisted of a five-way tie for the lead.
Five Gopher women's basketball players, Amaya Battle, Mallory Heyer, Sophie Hart, Grace Grocholski and Niamya Holloway, coached kids at the Sanneh Foundation's summer camp on Wednesday morning.
A nonprofit organization is leading the way to help put down clay tennis courts across Minneapolis.
Kayla McBride had 30 points and four 3-pointers, Natisha Hiedeman scored 16 of a season-high 18 in the fourth quarter, and the Minnesota Lynx beat the Atlanta Dream 86-79.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
A presidential race like no other seems like a farfetched fiction novel after the assassination attempt on former President Donald Trump. In Talking Points, Esme Murphy explores the future of the race amid calls for unity and Trump's gaining momentum in Democratic stronghold states.
Some supporters at Saturday's rally in Pennsylvania were hoping to hear former President Donald Trump announce his vice presidential pick. For now, the assassination attempt is overshadowing everything in this heated presidential race. Esme Murphy has the latest in Talking Points.
Instead of watching old, classic cars leave the state, a museum in Wright County is trying to keep them around at the Veit Museum near Buffalo.
When Belgian immigrants settled in Ghent, they brought along rolle bolle — a sport that's sort of a cross between curling and lawn bowling — but you don't play with a ball, you play with a bolle.
The town of Remer is surrounded by hundreds of acres of woods and marshes. A perfect place for squirrels, deer, bears and maybe even Bigfoot.
Native Americans, Swedish immigrants and even cattle thieves have all taken shelter in a little spot along the St. Croix River.
Claws, scales, teeth and tails: There's a place in Medford where alligators and snakes have taken over.
The sounds of summer wouldn't be complete without the familiar tune of mosquitoes buzzing. But did you ever wonder: Why do mosquitoes buzz? Good Question.
The funny bone is anything but funny. So why does it hurt so bad when it gets hit? It turns out there's a "humerus" answer.
It's an age-old question that's been studied for years: When is the best time to exercise? Good Question.
Summer projects around the house are a staple of the season. Figuring out which ones to tackle yourself versus hiring a professional can be tough for beginners.
If you were traveling this holiday weekend, you might have helped break a record. More than 3 million passengers went through TSA checkpoints on Sunday — the most ever in a single day.
The Minnesota State Fair has announced its new offerings for 2024, and they include plenty of fried foods, plenty of dairy, and plenty of sweet corn. See the full roster of new items here.
Thousands lined the streets of Hennepin Avenue on Sunday for the Twin Cities Pride Parade.
Many Minnesotans will be cleaning up Thursday from a storm system that brought sizable hail, heavy winds and possible tornado touchdowns.
Minnesotans were delighted by an otherworldly light show Friday night that was on a level the state hadn't seen in nearly two decades.
Many Minnesotans were treated to a stunning double rainbow on Thursday.
WCCO meteorologist Chris Shaffer says Thursday will be a #Top10WxDay!
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 has your latest forecast.
As rain became scarce the past few years for Minnesota's sweet corn farmers, it put the crop in jeopardy more than once.
Thursday will be a #Top10WxDay, as it'll be a sunny day with low humidity.
WCCO meteorologist Chris Shaffer says Thursday will be a #Top10WxDay!
The report says the wind was about 10 mph at the time of the crash, which is about the maximum safe speed for balloons.
From major floods to a music festival, crews are working to transform St. Paul’s Harriet Island into a rocking oasis. Our Ubah Ali shows us what it took to make it happen after the Mississippi River inundated the Island.
It's a first for the metro: A place dedicated to protecting Minnesotans from violence with a place for their pets too.
New video shows vandals bashing their way into a new faith-based community center. It's far from the first time its happened. As our David Schuman shows us, the owners think it may be an attempt to intimidate them.