Debt ceiling bill clears first House hurdle, teeing up Wednesday vote
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
Rep. Thomas Massie broke with two other conservatives on the House Rules Committee to advance the legislation to the House floor.
The Biden administration and House Speaker Kevin McCarthy are pushing for lawmakers to pass a debt ceiling deal. Philip Wallach, senior fellow at the American Enterprise Institute, joined CBS News to discuss Congress' role in addressing disagreements over policy and politics.
Congress is gearing up to vote on a bill that would prevent the U.S. government from defaulting on its debt. Both sides made concessions which they are downplaying as they try and sell the deal to their respective parties. CBS News congressional correspondent Scott MacFarlane reports.
Some House Republicans have lashed out at Speaker Kevin McCarthy over the deal to raise the debt limit negotiated with the White House. Some have threatened to withhold support for the bill and try to oust McCarthy from his position. Scott MacFarlane reports.
The debt ceiling deal is facing opposition from both sides. Republican House Majority Whip Tom Emmer joined "America Decides" to discuss whether or not there is enough support in his conference to pass the debt ceiling deal.
The White House and House Speaker Kevin McCarthy are both pushing lawmakers to pass the debt ceiling deal which was reached over the weekend. The House Rules Committee will vote Tuesday on whether or not to send the agreement to the floor. CBS News chief White House correspondent Nancy Cordes, and CBS News congressional correspondent Scott MacFarlane, have the latest.
The debt ceiling deal includes a provision to end the pandemic-related federal student loan payment pause
What it will take for debt deal critics to budge; Florida Gov. Ron DeSantis making his first Iowa trip as a 2024 candidate.
Critics say allowing the Mountain Valley Pipeline to be fast-tracked would be a "colossal error" after a history of construction complaints and the impacts of its potential emissions.
The tentative deal to raise the debt ceiling is facing its first test from lawmakers Tuesday. CBS News business analyst Jill Schlesinger has more on how this spending bill could affect your finances.
The White House and Republican leaders reached a tentative debt ceiling deal over Memorial Day Weekend. The agreement gets its first test in a House committee Tuesday afternoon. CBS News congressional correspondent Nikole Killion has more.
After President Biden brokered a deal with Speaker McCarthy to raise the debt ceiling by $4 trillion, they spent the weekend trying to secure enough votes to pass the bill by the June 5 deadline. Scott MacFarlane reports.
Congress is set to vote this week on a bipartisan agreement to suspend the debt ceiling and avert a potential government default, but some Democrats in the progressive wing of the party seem to be unhappy with this deal. CBS News senior White House correspondent Weijia Jiang has more on what they're concerned about.
The House could vote as early as Wednesday on a compromise to raise the nation's debt ceiling. The wings of each party have both opposed the plan, meaning the president and Speaker Kevin McCarthy will need the support of most House moderates to get the deal passed. Democratic strategist Ray Zaccaro and former Trump administration press secretary Hogan Gidley have more on the politics behind getting the deal through Congress.
Congress is set to vote this week on a bipartisan agreement to suspend the debt ceiling and avert a potential government default. CBS News congressional correspondent Scott MacFarlane has more on what's in the deal that was hammered out over the weekend.
President Biden spoke to reporters Monday about the debt ceiling deal he reached over the weekend with House Speaker Kevin McCarthy. Biden said he felt "very good" about the prospects of Congress passing the deal.
Lawmakers are meeting Tuesday to discuss the debt limit deal struck between President Biden and House Speaker McCarthy over the weekend. CBS News congressional correspondent Scott MacFarlane and CBS News senior White House correspondent Weijia Jiang have more.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
The White House and a team led by House Speaker Kevin McCarthy finished a deal to raise the debt ceiling over the holiday weekend. Lawmakers from both parties are criticizing the concessions made by McCarthy and President Biden, which calls into question if the House has enough support to pass the legislation. Scott MacFarlane reports from Capitol Hill.
President Biden and House Speaker McCarthy both expressed optimism that they would be able to get their respective parties on board for the debt ceiling plan they negotiated. Natalie Brand has the latest.
House Budget Committee member Rep. Brendan Boyle sits down with Major Garrett on "The Takeout." The Democratic congressman from Pennsylvania recalls the 2011 debt negotiation drama, when the U.S. suffered a credit downgrade and increased borrowing costs. Now, Boyle lays out the stakes as lawmakers face a similar threat of default: "Here we are again, flirting with disaster."
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The House Democratic leader said he can guarantee the U.S. will not default on its debt.
Austan Goolsbee, the president and CEO of the Chicago Fed, tells "Face the Nation" that the 11th hour deal to raise the debt ceiling is a "little dangerous" since "we must raise the debt ceiling. If President Biden and Republicans had not come to a deal, "the consequences for the financial system and for the broader economy would be extremely negative."
Republican Rep. French Hill of Arkansas tells "Face the Nation" that although some members of the House Freedom Caucus have indicated they will not vote for any deal that raises the debt ceiling, "each of the components in the 20 states is reflected in this negotiated deal in principle."
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
The families of eight school shooting victims opened their doors to Steve Hartman and photographer Lou Bopp, allowing them to document their children's bedrooms.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
A judge has struck down Wyoming's overall ban on abortion and its first-in-the nation explicit prohibition on the use of medication to end pregnancy.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
Over the last year, the number of school districts in Ohio that allow staff to be armed quadrupled, with 14% of the state's districts now participating.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Spirit's bankruptcy filing will likely mean higher airfares across airlines as it trims schedule, according to experts.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
President-elect Donald Trump says former Wisconsin Rep. Sean Duffy is his choice for transportation secretary as he continues to roll out picks for his Cabinet.
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
President-elect Donald Trump announced he selected former Florida Rep. Matt Gaetz to serve as attorney general.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Robert F. Kennedy's Jr. push to remove fluoride from the nation's public water supply could benefit some companies. Here's why.
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Paul Teal's fiancée and fellow "One Tree Hill" actors shared tribute posts memorializing him.
"Inside the NBA" will continue on other networks, even though will no longer be airing on TNT at the end of this season.
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Ridley Scott's latest masterpiece revisits the world of ancient Rome with new characters and intense drama. The cast of "Gladiator II" talks to Nate Burleson on working with Scott and carrying forward the spirit of the iconic original.
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
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.
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O'Grady explains.
The Guardian says benefits of being on Elon Musk's social media platform X are outweighed by its "often disturbing content."
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Seal-shaped boards decked with bright horizontal lights were less likely to be attacked by great white sharks, researchers found.
Oil and natural gas companies will have to pay a federal fee if they emit methane above certain levels under a rule being finalized by the Biden administration that incoming Trump officials are likely to reverse.
California Gov. Gavin Newsom decided to defer the Menendez brothers' clemency decision to incoming District Attorney Nathan Hochman.
CBS News has learned the case against the man accused of killing a University of Georgia nursing student could be in the hands of the judge as early as Tuesday. Jose Ibarra, an undocumented immigrant from Venezuela, has pleaded not guilty to killing 22-year-old Laken Riley while she was jogging on campus in February. CBS News national correspondent Manuel Bojorquez has the latest from Athens, Georgia.
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
Jose Ibarra's trial for the murder of Laken Riley, a student at Georgia's Augusta University College of Nursing, continues as Ibarra's family members are expected to testify on his behalf. CBS News contributor Caroline Polisi breaks down the latest in the case.
Two people were killed in two separate shootings along a New Orleans parade route Sunday night. No arrests have been made so far. CBS News national reporter Kati Weis has more.
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
With an Election Day docking, the cargo ship delivered 3 tons of supplies and equipment, including an unusual wooden satellite.
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
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.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
President-elect Donald Trump has pledged to "drill, baby, drill" on Day 1 in office. CBS News national environmental correspondent David Schechter joins to take a closer look at the environmental impact of some of Trump's potential energy and climate policies.
There are signs of progress on at least one front of the conflict in the Middle East. CBS News senior foreign correspondent Elizabeth Palmer has the latest on reports of a cease-fire deal between Israel and Iran-backed Hezbollah in Lebanon.
Americans are bracing for President-elect Donald Trump's proposed tariff hikes on imported goods. CBS News MoneyWatch correspondent Kelly O'Grady looks at the potential economic impact. Then, small business owner Andy Gossett joins to discuss what the tariffs would mean for his outdoor sporting goods company.
At least two of President-elect Donald Trump's Cabinet picks are involved in controversy. Now there are questions about whether Matt Gaetz and Pete Hegseth have the support to get confirmed for their intended roles. CBS News congressional correspondent Nikole Killion has new reporting.
Spirit Airlines is filing for bankruptcy ahead of the busy holiday travel season. The budget airline has faced multiple setbacks recently, including rising labor costs and a failed merger with JetBlue. CBS News senior transportation correspondent Kris Van Cleave has more on what this means for travelers.