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The clock is ticking on the possibility of reaching a deal on the debt ceiling. President Biden and House Speaker McCarthy meet again Monday for negotiations. But there is still a lot of ground to cover. CBS News chief White House correspondent Nancy Cordes has more.
Debt ceiling negotiations continued over the weekend between White House negotiators and Republicans on Capitol Hill. President Biden returned to Washington on Sunday, where he is expected to meet with House Speaker Kevin McCarthy on Monday after a tumultuous weekend of on-again off-again talks. Chief White House correspondent Nancy Cordes reports from the White House.
Biden and McCarthy to meet on debt ceiling; SpaceX launches private flight to International Space Station.
McCarthy said Sunday that he had a "productive" call with Mr. Biden as the president returns from the G-7 conference in Japan.
This week on "Face the Nation with Margaret Brennan," House Problem Solvers Caucus chairs Reps. Brian Fitzpatrick and Josh Gottheimer discuss the debt ceiling talks; New York City Mayor Eric Adams discusses the migrant crisis; plus a conversation with former Defense Secretary Robert Gates.
House Speaker Kevin McCarthy said Sunday that he and President Joe Biden had a "productive" call,.
Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Josh Gottheimer, Democrat of New Jersey, join "Face the Nation" as the U.S. heads closer to the debt default date of June 1. Fitzpatrick said the "math tells us there is a little bit of wiggle room" on that date, but Gottheimer said "we have to presume" that June 1 is the hard default date.
This week on "Face the Nation with Margaret Brennan," House Problem Solvers Caucus chairs Reps. Brian Fitzpatrick and Josh Gottheimer discuss the debt ceiling talks; New York City Mayor Eric Adams discusses the debt ceiling crisis; plus a conversation with former Defense Secretary Robert Gates.
Following several meetings Friday, White House negotiators and Republican congressional leaders left the Capitol without an agreement on solving the nation's debt ceiling crisis. President Biden is expected to cut short his Asia-Pacific trip to return to Washington to address the issue. Christina Ruffini has the latest.
Debt ceiling negotiations are at an impasse after Republican leaders walked out of a meeting with White House negotiators Friday and declared there would be no deal. In exchange for raising the limit, Republicans want cuts to federal spending. Christina Ruffini reports.
House Republicans led by Speaker Kevin McCarthy had said Friday afternoon they were hitting "pause" on negotiations to raise the nation's borrowing limit. But the White House has confirmed the talks are back on ahead of a June 1 deadline. CBS News chief White House correspondent Nancy Cordes has the latest.
Debt ceiling negotiations remain bumpy with less than two weeks to cut a deal. Republicans accuse the White House of being "unreasonable," which Biden's negotiating team disputes. CBS News congressional correspondent Nikole Killion reports.
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
Without a deal, Treasury Secretary Janet Yellen has said the U.S. could be unable to pay its bills and might default on its debt as soon as June 1.
Negotiations over the debt ceiling have reached a standstill as the default deadline approaches. Republican Congressman Garret Graves says the decision was made to pause discussions earlier today. It's not clear when talks will resume. CBS News congressional correspondent Nikole Killion has more.
The House Freedom Caucus is demanding an end to debt ceiling talks until the Senate passes the GOP bill. Caucus chair Rep. Scott Perry joins to discuss why the group is taking the position.
The House speaker said negotiations are in "a much better place" than they were a week ago.
There's little evidence that work requirements for programs like food stamps or Medicaid actually boost employment, experts say.
Lawmakers are pushing a bipartisan bill that would block members of Congress from getting paid if the U.S. defaults on its debt or the government shuts down. This comes as the default deadline quickly approaches to raise the debt limit. CBS News congressional correspondent Scott MacFarlane has more on the proposal and other news from Capitol Hill.
As White House and Republican negotiators continue to work out a deal to raise the nation's debt limit, some Democrats are making a backup plan in case talks collapse. Meanwhile, House Republicans on Wednesday passed on an opportunity to expel embattled Rep. George Santos. CBS News congressional correspondent Nikole Killion reports from Capitol Hill.
President Biden has arrived in Japan for the G7 summit, but his foreign trip will be cut short so he can return to Washington to broker a deal on raising the debt ceiling. With only two weeks until the U.S. could run out money to pay its bills, the president's team continues negotiations with congressional leaders. Nikole Killion reports from Washington.
President Biden says he is confident about working out a deal with Republican lawmakers on the debt ceiling. CBS News senior White House and political correspondent Ed O'Keefe and CBS News congressional correspondent Scott MacFarlane report. Plus, South Dakota Republican Rep. Dusty Johnson discusses what he's looking for in a debt ceiling compromise.
Here's what Republicans and Democrats are demanding regarding the debt ceiling, and the red lines they're drawing.
President Biden and congressional leaders said they made progress on Tuesday towards a compromise to raise the debt ceiling before June 1. If they fail to do so, economic experts warn there would be dire financial consequences.
The White House has introduced a debt ceiling negotiation team. CBS News senior White House correspondent Weijia Jiang has more on their role in the negotiations moving forward.
Two women testified before the House Ethics Committee that Matt Gaetz paid them "for sex," their lawyer told CBS News' Major Garrett.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Chinese authorities haven't said how many children and adults were injured in the latest incident at a school, nor if it was an accident, or the latest in a series of attacks targeting kids.
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.
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.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
Stop & Shop stores across Massachusetts had empty shelves on Monday due to a cyberattack.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
Officials suspect that migratory birds likely spread the H5N1 virus there.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
A man pleaded guilty in the 2015 killings of a Georgia couple after a magnet fisher pulled in a rifle and other evidence linked to the case.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
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.
Arthur Frommer, whose "Europe on 5 Dollars a Day" guidebooks revolutionized leisure travel by persuading average Americans to take budget vacations abroad, has died. He was 95.
"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 have empty shelves 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.
Texas public elementary schools could use teachings from the Bible in lessons under a proposal drawing intense opposition and praise.
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.
Officials suspect that migratory birds likely spread the H5N1 virus there.
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.
As undersea cables are cut, Finland and Germany say Europe is threated not only bt Russia's war in Ukraine, but "from hybrid warfare by malicious actors."
A senior Israeli official has said openly that the West Bank should become part of Israel, not a future Palestine. Could it happen under Trump?
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
Chinese authorities haven't said how many children and adults were injured in the latest incident at a school, nor if it was an accident, or the latest in a series of attacks targeting kids.
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
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."
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian researchers say, and they fear the rest of it has suffered a similar fate.
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.
Jose Ibarra, 26, is charged with murder and other crimes in Laken Riley's death in February.
A man pleaded guilty in the 2015 killings of a Georgia couple after a magnet fisher pulled in a rifle and other evidence linked to the case.
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.
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.