The clock is already ticking on the next debt ceiling fight
The recent increase in the debt ceiling provides only a "short reprieve," said Treasury Secretary Janet Yellen.
The recent increase in the debt ceiling provides only a "short reprieve," said Treasury Secretary Janet Yellen.
The commission President Biden set up in April to weigh potential widespread changes to the Supreme Court meets Friday. The group released a draft of their findings Thursday related to adding more justices to the court, implementing term limits and more. CBS News White House reporter Bo Erickson joins CBSN AM to discuss.
The bill gives Congress just a temporary reprieve, as lawmakers now must find a way to address the debt limit by December 3.
President Joe Biden is expected to sign a bill raising the debt limit through December 3, temporarily avoiding a financial catastrophe. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss the latest on the debt ceiling as well as the decrease in initial jobless claims and nationwide concern over inflation and 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.
Today, President Biden is meeting virtually with officials and business stakeholders to discuss efforts to relieve transportation supply chain issues. He is set to give remarks following the meeting and will also sign the bill passed by the House yesterday to raise the debt ceiling until December. CBS News senior White House correspondent Weijia Jiang joins CBSN AM with more.
House voting on debt ceiling extension; Texas' new legislative map protects the GOP
The House has passed a measure to increase the federal debt limit by $480 billion. But it's a temporary fix that will last only until December 3. That means lawmakers will find themselves looking for a more permanent measure in less than two months. CBS News congressional correspondent Nikole Killion joins CBSN's Elaine Quijano to discuss.
Treasury Secretary Janet Yellen said she expects rising prices will return to “normal levels” once supply chains are less stressed. She also discussed the debt limit. Watch her interview with Norah O'Donnell.
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.
House lawmakers will vote Tuesday evening on legislation to raise the nation's debt ceiling. CBS News congressional correspondent Nikole Killion gives CBSN's Tanya Rivero an update on what's at stake.
House lawmakers are expected to pass a bill approved by the Senate last week to temporarily raise the nation's debt ceiling through December 3. CBS News congressional correspondent Nikole Killion joined CBSN with a look at what comes next.
The Senate voted to temporarily extend the debt ceiling to December 3 after Democrats and Republicans reached an agreement. But the deal is also spurring more partisan fighting and new intra-party feuds. CBS News' Debra Alfarone reports and CBS News congressional correspondent Nikole Killion joined CBSN to discuss.
The measure now goes to the House, which is slated to vote on it next week.
The Senate has approved a short-term measure to raise the debt ceiling by $480 billion through December, moving the U.S. one step closer to avoiding a default as the October 18 deadline approaches. The House is expected to vote on it next week. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN AM to discuss.
Democrats accept GOP deal on debt ceiling; Democrat governors act to preserve democracy
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.
President Biden delivered remarks from Chicago Thursday, calling on private businesses to require their workers be vaccinated against COVID-19. The push comes as Pfizer seeks emergency authorization of its vaccine for children ages 5 to 11. CBS News chief White House correspondent Nancy Cordes joins CBSN's Lana Zak with the latest.
Senators have reached a short-term deal to address the debt ceiling and avoid the federal government defaulting on its debts. CBS' Debra Alfarone details the deal, then CBSN anchor Lana Zak and Roll Call budget and appropriations reporter Jennifer Shutt discuss what it took to reach this temporary compromise.
Senate leaders have reached an agreement to temporarily extend the government's borrowing ability, which means the U.S. won’t default on its debts — at least for now.
Senate leaders reached a deal to raise the debt ceiling through December 3, preventing the government from defaulting on its debts. CBS News chief White House correspondent Nancy Cordes, co-author of Politico Playbook Tara Palmeri and National Journal's "Against the Grain" columnist Josh Kraushaar join "Red and Blue" anchor Elaine Quijano with the details and the latest on President Biden's visit to Illinois.
Senate Majority Leader Chuck Schumer said they have reached an agreement to temporarily extend the debt ceiling. CBS News' Debra Alfarone reports from Capitol Hill, and CBS News chief White House correspondent Nancy Cordes joins CBSN's Tanya Rivero from the White House.
Congress has less than two weeks before the October 18 deadline to pass raising the nation's debt limit. Minority Leader Mitch McConnell said he would allow Democrats to pass a short-term emergency extension that would cover the debt limit until December, inching the Senate closer to a deal. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN to discuss.
The Senate is trying again to raise the nation's debt limit. Here are the ins-and-outs of those efforts.
It's been called a gimmick, but some see the platinum coin as a last-resort means for the U.S. to avoid default.
Residents of Door County, Wisconsin, have a decades-long streak of presidential elections in which they have voted for the winning candidate.
The documents, which are marked top secret, were posted to the Telegram messaging app.
The jet – an EA-18G Growler aircraft – was carrying two crew members when it went down during a routine training flight.
Former President Donald Trump is hosting a town hall in Lancaster Sunday night, and Vice President Kamala Harris will be back in Chester County on Monday.
60 Minutes is sharing the following statement regarding former President Donald Trump's comments on an Oct. 7, 2024 segment featuring Vice President Kamala Harris.
A helicopter crashed into a radio tower near downtown Houston Sunday night, killing four people on board, including a child, fire officials said.
Israel has been carrying out a large-scale operation in northern Gaza for the last two weeks, saying Hamas has regrouped there.
The Dodgers are headed to the World Series after defeating the Mets10-5 in Game 6 of the National League Championship Series Sunday night.
Jonquel Jones scored 17 points, leading the Liberty to a 67-62 win over the Lynx on Sunday for their first WNBA title.
A helicopter crashed into a radio tower near downtown Houston Sunday night, killing four people on board, including a child, fire officials said.
One of the last remaining Navajo Code Talkers who transmitted messages during World War II using the tribe's native language has died.
Former President Donald Trump said of golfer Arnold Palmer, "this is a guy that was all man."
The jet – an EA-18G Growler aircraft – was carrying two crew members when it went down during a routine training flight.
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Raphael Warnock and Paul Whelan join Margaret Brennan.
The International Association of Machinists and Aerospace Workers said early Saturday that it plans to hold a ratification vote on Wednesday that could end the Boeing strike.
Letter deliverers have been working without a contract since May 2023.
The frozen waffles, made by Treehouse Foods, were sold under store brands including Walmart's Great Value and Target's Good and Gather.
Navigating the insurance process after a natural disaster damages your home can be daunting. Here are some key tips.
Donald Trump said he'd appoint a CEO who is 78, his own age. But chief executives of top companies who are his age or older are rare.
Former President Donald Trump said of golfer Arnold Palmer, "this is a guy that was all man."
On this "Face the Nation with Margaret Brennan" broadcast, Sen. Raphael Warnock and Paul Whelan join Margaret Brennan.
The documents, which are marked top secret, were posted to the Telegram messaging app.
Michigan Secretary of State Jocelyn Benson warned Sunday of efforts by bad actors to "hack voters' minds" to spread misinformation ahead of Election Day.
The following is a transcript of an interview with Rep. Mike Lawler, Republican of New York, on "Face the Nation with Margaret Brennan" that aired on Oct. 20, 2024.
Brooklinn Khoury was 20 years old when a family member's pet launched at her face and bit off her upper lip.
"If he's exhausted being on the campaign trail, is he fit to do the job?" Harris asked as Trump refuses to release detailed medical records.
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.
Rwanda says it's gaining control of a Marburg outbreak, but U.S. authorities are taking no chances as another killer virus spreads fast.
Among new mothers in the U.S., 1 in 8 suffer from postpartum depression, according to the CDC.
A group of about 2,000 migrants left Mexico's southern border Sunday in hopes of ultimately reaching the United States.
Colossal Biosciences says it's made a breakthrough toward the de-extinction of the thylacine, or Tasmanian tiger.
The documents, which are marked top secret, were posted to the Telegram messaging app.
Many Cubans are waiting in anguish as electricity on much of the island has yet to be totally restored after days of blackout.
Paul Whelan, who was arrested in Russia in 2018, got little sleep and used secret cellphones to communicate with prisoners sent to the frontlines in Ukraine.
This year, musicians all over the world, from Carnegie Hall to the Hollywood Bowl, are celebrating the 100th birthday of George Gershwin's "Rhapsody in Blue." Correspondent David Pogue looks into the history of Gershwin's first major work, a piece that melded jazz, classical and orchestral music, and became a fixture of American culture.
Like father, like son: Damon Wayans is starring with Damon Wayans Jr. in the new comedy series "Poppa's House" – the latest family affair for a comedian who has built a career working with his talented and hilarious relatives.
Like father, like son: Damon Wayans is starring with Damon Wayans Jr. in the new comedy series "Poppa's House." It's the latest family affair for a comedian who has built a career working with his talented siblings Keenan, Shawn, Marlon and Kim, son Michael, and nephews Damien and Craig. Damon talks with correspondent Tracy Smith about his journey from working in the Paramount Studio mailroom, to creating edgy characters in movies and TV.
Keri Russell, who played a Russian spy in "The Americans," is now on the frontlines of geopolitics in "The Diplomat," playing the U.S. Ambassador to the United Kingdom. Join "Sunday Morning" on the set of the hit Netflix series.
The cold open skit marked Baldwin's return to the comedy sketch show after the "Rust" involuntary manslaughter case was dismissed in July 2024.
Gordon Lubold from The Wall Street Journal joins "CBS Mornings Plus" to discuss the rise in drone activity over restricted U.S. military airspaces.
Dr. Marcus Collins, author of "For the Culture," joins "CBS Mornings Plus" to discuss the influence of social media on voter decision-making. With 19 days left in the race, a CBS News poll reveals more than 20% of voters frequently use social platforms to stay informed.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Just ahead of the holiday shopping rush, Apple is giving iPad minis their first update in years while Amazon is offering a new line of Kindle e-readers. CNET editor-at-large Scott Stein joined CBS News to discuss the devices.
Two Sudanese brothers are charged with running "Anonymous Sudan," one of the most prolific cyberattack-for-hire gangs of all time.
Colossal Biosciences says it's made a breakthrough toward the de-extinction of the thylacine, or Tasmanian tiger.
The National Oceanic and Atmospheric Administration published its winter outlook for this coming December, January and February. Experts anticipate warmer-than-average temperatures for much of the country. CBS News Sacramento meteorologist Tracy Humphrey joins to discuss.
Hurricanes Helene and Milton caused so much complex havoc that damages totals are likely join the infamous ranks of Katrina, Sandy and Harvey as super costly $50-billion-plus killers, experts say.
On Wednesday, the Supreme Court said it will allow the Environmental Protection Agency to enforce new greenhouse gas emissions limits for power plants. Michael Gerrard, a professor at Columbia Climate School, joins "The Daily Report" to discuss.
White blobs of "a mystery substance" dotting beaches across Canada's far northeast Newfoundland and Labrador province spark an investigation.
Investigators were puzzled when the beaten body of an unidentified woman was found dumped near a Florida highway. The next day, a bloody motel room was discovered. Were the crime scenes connected?
In 1982, Cathy Krauseneck, a young mother, was killed in her bed – an ax lodged in her head. Investigators believe the crime scene was staged to look like a burglary to cover up the real crime – the intentional murder of Cathy by her husband.
Richard Allen stands accused of killing the girls, Abby Williams and Libby German, in 2017.
As the presidential election nears, the issue of crime is weighing on the minds of voters. A CBS News poll taken earlier this year found 63% of voters said crime would be a factor in who they vote for, despite FBI data showing reported violent crime fell in 2023. In Chicago, a group of women is trying to continue to lower crime rates end the cycle of violence in the city.
Disturbing new details and heart-wrenching testimony were given during the first day of the Delphi murders trial. Prosecutors revealed how Abby Williams, 13, and Libby German, 14, were killed on a hiking trail more than seven years ago. Here's what to know about the case.
NASA's solar-powered Europa Clipper took off Monday from the Kennedy Space Center in Florida. The spacecraft is projected to reach Jupiter by April 2030 and will study one of the planet's moons. CBS News space consultant Bill Harwood explains what scientists are hoping to accomplish with the mission.
NASA successfully launched the Europa Clipper spacecraft Monday toward Jupiter where it will monitor a moon for potential habitable qualities. CBS News space consultant Bill Harwood has more on the spacecraft expected to near Jupiter's moon Europa around April 2030.
A multi-billion dollar space mission launching Monday may reveal more about an icy moon circling planet Jupiter. CBS News space consultant Bill Harwood has more.
SpaceX launched its most powerful rocket ever built and then flew its first stage booster back to the launch pad where giant metal arms called "chopsticks" grabbed it, just seven minutes after lifting off in Boca Chica, Texas. The uncrewed test flight is a new milestone in SpaceX's vision of developing a fully reusable rocket to return astronauts to the moon and beyond.
The ambitious mission won't actually look for life on Jupiter's moon Europa, but it should find out if the presumed ocean provides a habitable environment.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
The actor, recipient of a lifetime achievement Academy Award, was renowned for such films as "MASH," "Klute," "Don't Look Now," "Ordinary People," and "The Hunger Games."
CBS News Executive Director of Elections & Surveys Anthony Salvanto explains the research behind CBS News polls and how polling seeks to better understand what motivates voters to cast specific ballots unique to each individual.
U.S. officials say an investigation is underway after what appear to be top secret documents detailing Israel's plans for a military strike on Iran in response to a missile attack earlier this month were leaked online. Natalie Brand has more.
Seven people were killed when a gangway attached to a dock collapsed on Sappelo Island, about 60 miles south of Savannah, Georgia. The collapse happened during a festival celebrating the island's Gullah Geechee community. Cristian Benavides reports.
Shoppers bid farewell to the final Kmart store in Bridgehampton, New York, while snagging great deals before the store shut its doors for good. Shanelle Kaul has the story.
Many districts across the U.S. are facing a shortage of election workers, who typically skew older. One county in New Jersey is turning to high school students to help fill the gaps. Nick Coloway reports.