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Debt Ceiling

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Biden announces plan to address supply chain issues

President Biden on Wednesday announced a plan to boost capacity at major ports in California and at companies like Walmart and UPS as supply chain backlogs threaten to worsen rising consumer prices. CBS News congressional reporter Nikole Killion, CBSN political contributor and White House reporter for The Associated Press Zeke Miller, and The Washington Examiner's political and investigative reporter Sarah Westwood join CBSN's "Red & Blue" anchor Elaine Quijano with the details.

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Latest on debt ceiling and Biden's agenda

The House is voting on a short-term fix to extend the government's ability to borrow money. Meanwhile, Democrats are trying to figure out how to potentially cut trillions of dollars from the president's proposed social spending and climate package. CBS News' director of elections and surveys Anthony Salvanto and CBS News senior White House and political correspondent Ed O'Keefe join CBSN's "Red & Blue" anchor Elaine Quijano. Later, The Washington Post's national political reporter Eugene Scott and Business Insider's senior politics reporter Eliza Relman discuss the latest on Capitol Hill.

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Senate passes a short-term debt limit extension

The U.S. Senate passed a short-term extension of the debt ceiling on Thursday night. The bill allows the nation's borrowing limit to be increased by $480 billion, which the Treasury Department says will be enough to cover the country's debt obligations until December 3. CBS News political contributor and Washington Post White House reporter Sean Sullivan joins CBSN anchor Lana Zak to discuss what's next for this bill and what hurdles Congress needs to overcome to reach a long-term agreement.

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