Debt ceiling talks hinge on budget cuts. Here's where the money goes.
Republican lawmakers want the government to slash federal spending, which ballooned during the pandemic.
Medicare
How a U.S. debt default could impact your money
"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.
National COVID emergency declaration ends
May 11 marks the end of the national COVID-19 health emergency declaration in the U.S. CBS News anchors Lana Zak and Errol Barnett spoke with Dr. Megan Ranney, deputy dean at Brown University School of Public Health, about what the end of the declaration means.
Federal probe finds hospitals that denied emergency abortion broke law
An investigation found two hospitals put a pregnant woman's life in jeopardy and violated federal law by refusing to provide an emergency abortion when she experienced premature labor at 17 weeks.
Poll: Large majority want to see debt ceiling raised to avoid default
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
5 money-saving tips for seniors this tax season
Taxes for older Americans can be complicated — here's what to keep in mind as the April 18 filing deadline nears.
Good savers, beware: Will you face a tax bomb in retirement?
If you're not strategic about how you save, you could end up with unnecessarily high tax bills in retirement.
Social Security, Medicare trust funds running out of money, official warn
Entitlement programs such as Social Security and Medicare could be forced to cut benefits as soon as 2031, according to a new report from the funds' trustees.
Russian fighter jet collides with U.S. drone
The Pentagon says a Russian fighter jet collided with an American drone over the Black Sea. CBS News national security correspondent David Martin reports, and senior White House and political correspondent Ed O'Keefe discusses Washington's response as well as President Biden's trip to Las Vegas, where he is set to talk about prescription drugs.
What's in Biden's budget plan?
President Biden heads to Philadelphia on Thursday to unveil his highly anticipated budget proposal. The plan calls for increasing the Medicare payroll tax on people making more than $400,000 a year, expanding the ability of Medicare to negotiate prescription drug prices and imposing a tax on the holdings of billionaires. CBS News senior White House and political correspondent Ed O'Keefe joined "CBS News Mornings" to discuss.
Biden to call for higher taxes on billionaires
President Biden will unveil his new budget proposal in Philadelphia Thursday. The proposal will call for higher taxes on billionaires, as well as increasing the Medicare payroll tax on individuals earning more than $400,000 per year. Jeff Stein, White House economics reporter for the Washington Post, joined CBS News to discuss Mr. Biden's budget proposal.
DeSantis touts his political priorities
Florida Governor Ron DeSantis gave his state of the state speech Tuesday, touting his record on issues like COVID and education as he weighs a possible 2024 presidential bid. CBS News' senior White House correspondent Weijia Jiang has more on his remarks and other political headlines.
Biden wants to boost taxes on wealthy Americans to fix Medicare
Proposal would increase Medicare tax on high earners to 5%, which president says will provide 25 years of solvency.
Pence twice declines to say he'll support Trump if he wins GOP presidential nomination
Former Vice President Mike Pence would not say whether he would support former President Donald Trump if he wins the Republican nomination for the presidency in 2024, he told CBS News political correspondent Caitlin Huey-Burns Tuesday. While Pence still touts the Trump administration's accomplishments and says he has not reached a decision on whether he should run for president, Pence said he believes the American people "want to see us get back to the kind of civility in politics that the American people show each other every day."
Government played role in insulin price cuts
Drugmaker Eli Lilly announced Wednesday it will reduce prices for some of its most commonly prescribed insulin products by up by to 70%, and expand a monthly $35 cap on prescription costs for insured patients. CBS News correspondent Lilia Luciano reported on the government's role in the process.
Entitlement reforms could set Republicans apart in 2024
Former President Trump is already using the issue to attack potential Republican presidential rival Gov. Ron DeSantis.
Biden addresses health care costs in Virginia
The White House says the president will be critical of previous attempts by some Republicans to cut or eliminate health benefits. CBS News White House reporter Willie James Inman discusses the speech.
Sanders targets pharma companies over vaccine price hikes, high drug costs
"Truth is, [the] pharmaceutical industry is enormously greedy, charging us outrageously, uncontrollably high prices," the senator told "Face the Nation."
Biden pushes for Medicare and Social Security
President Biden traveled to Florida today to speak about strengthening Social Security and Medicare. And former President Donald Trump made a return to Facebook after his ban was lifted. CBS News political director Fin Gomez has more on the path to 2024.
Biden lays groundwork for potential 2024 bid
The day after delivering his State of the Union address, President Biden hit the road Wednesday, speaking to union workers in Wisconsin. He used similar themes from the prior night, even calling out Republicans for their heckling. CBS News senior White House correspondent Weijia Jiang explained how the White House is categorizing his address to Congress.
Marjorie Taylor Greene shouts "liar" at Biden
During his State of the Union address, President Biden said, "Some Republicans want Medicare and Social Security to sunset," prompting boos from Republicans and Congresswoman Marjorie Taylor Greene to shout "liar" at the president.
Biden calls on lawmakers to "finish the job"
President Joe Biden called on lawmakers to “finish the job” as he delivered his State of the Union address to a divided Congress. CBS News chief White House correspondent Nancy Cordes reports.
Debt ceiling: 3 ways your finances could be affected
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
4/10/19: Red and Blue
Barr believes spying did occur on Trump campaign; Miramar, Fla. mayor seeks pres. nomination.
New Orleans attacker posted videos declaring support for ISIS, FBI says
One day after a man drove a truck into New Year's revelers on Bourbon Street, the FBI says he likely did not have accomplices.
Las Vegas authorities give updates on Cybertruck explosion
Law enforcement in Las Vegas provided an update on the investigation into a Tesla Cybertruck that exploded outside the Trump International Hotel there early Wednesday.
Details emerge about the victims of deadly New Orleans attack
At least 14 people were killed after a driver slammed into a crowd celebrating New Year's on Bourbon Street in New Orleans.
What we know about the New Orleans truck attacker
A man "hellbent" on creating carnage drove around barricades and hurtled down Bourbon Street in New Orleans' French Quarter, police said.
Trucks in New Orleans attack and Vegas explosion were rented on Turo
Vehicles used in deadly New Orleans attack and Las Vegas explosion at Trump hotel were rented via same app, Turo.
Biden to designate environmental national monuments in California
In the closing days of his administration, Biden plans to travel to California to dedicate the Chuckwalla National Monument, sources said.
Broccoli sold by Walmart in 20 U.S. states recalled over listeria risk
Broccoli florets from California grower and sold at more than 1,000 Walmart stores are recalled because they could contain listeria.
Biden to award Presidential Citizens Medal to Cheney, Thompson
Rep. Bennie Thompson, a Mississippi Democrat, and former Rep. Liz Cheney, a Wyoming Republican, served as chair and vice chair of the House Jan. 6 select committee.
Stomach bug symptoms to know as norovirus cases surge in parts of U.S.
Data from the Centers for Disease Control and Prevention show cases of norovirus, the highly contagious stomach bug, are surging in parts of the U.S.
U.S.
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Biden to designate environmental national monuments in California
In the closing days of his administration, Biden plans to travel to California to dedicate the Chuckwalla National Monument, sources said.
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.
Johnson meets with conservatives as speakership in jeopardy
It's unclear whether House Speaker Mike Johnson has enough support to remain speaker for another term.
This week on "Sunday Morning" (January 5)
"Sunday Morning" remembers some of the newsworthy men and women who passed away this year, who touched us with their creativity and humanity.
Trucks in New Orleans attack and Vegas explosion were rented on Turo
Vehicles used in deadly New Orleans attack and Las Vegas explosion at Trump hotel were rented via same app, Turo.
MoneyWatch
More MoneyWatch
Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.
Trucks in New Orleans attack and Vegas explosion were rented on Turo
Vehicles used in deadly New Orleans attack and Las Vegas explosion at Trump hotel were rented via same app, Turo.
Broccoli sold by Walmart in 20 U.S. states recalled over listeria risk
Broccoli florets from California grower and sold at more than 1,000 Walmart stores are recalled because they could contain listeria.
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
Tesla's annual sales drop for the first time in a decade
Tesla's increase in global sales in the fourth quarter was not enough to overcome a sluggish first half of the year.
Politics
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Biden to designate environmental national monuments in California
In the closing days of his administration, Biden plans to travel to California to dedicate the Chuckwalla National Monument, sources said.
Johnson meets with conservatives as speakership in jeopardy
It's unclear whether House Speaker Mike Johnson has enough support to remain speaker for another term.
Biden marks 235 judicial confirmations during White House tenure
President Biden delivered remarks from the White House highlighting the 235 judges confirmed by the Senate during his single term in office.
FBI briefs House Homeland Security Committee on New Orleans truck attack
The Assistant Director of the FBI's Counterterrorism briefed the committee members and staff in a call on Thursday morning, according to a committee aide.
Biden to award Presidential Citizens Medal to Cheney, Thompson
Rep. Bennie Thompson, a Mississippi Democrat, and former Rep. Liz Cheney, a Wyoming Republican, served as chair and vice chair of the House Jan. 6 select committee.
HealthWatch
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Broccoli sold by Walmart in 20 U.S. states recalled over listeria risk
Broccoli florets from California grower and sold at more than 1,000 Walmart stores are recalled because they could contain listeria.
Medicare's new spending cap in 2025
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.
L.A. pet owners warned against raw food as bird flu confirmed in cat
The H5N1 bird flu virus has been found in samples of Monarch Raw Pet Food, and a cat that ate the food is confirmed to have been infected.
Are you really getting a moderate or intense workout? Here's how to tell.
Looking to amp up your exercise as part of your New Year's resolutions? Here's how to calculate the intensity of your workouts.
New Year's resolutions often fail. Here's expert tips on how to keep them.
New Year's resolutions rarely last. Here's why they fail so often and how to change that, according to an expert.
World
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U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."
Police raid airline's offices after crash killed 179 people in South Korea
The flight was carrying 181 passengers and crew when it belly-landed before slamming into a barrier, killing all aboard except two flight attendants.
Suspected Chinese underwater spy drone found by fishermen
Officials said the drone was not armed, but the police report listed "potential national security implications" as one significance of its recovery.
Virgin Australia crewmember allegedly sexually assaulted in Fiji
The alleged attacks took place in the nightclub area of the city of Nadi, home to the international airport, officials said.
Entertainment
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These works enter the public domain in 2025
Here are the books and characters newly joining the list of works in the public domain in 2025.
Who's performing at tonight's Times Square ball drop to ring in 2025?
A variety of New Year's Eve performers are expected for tonight's Times Square ball drop to ring in 2025.
Angelina Jolie, Brad Pitt agree on divorce settlement after 8-year battle
Angelina Jolie and Brad Pitt have reached a divorce settlement, her lawyer says, apparently ending one of the longest and most contentious divorces in Hollywood history.
Dallas Stars' Tyler Seguin joins list of high-profile home burglaries
The FBI believes their homes were targeted as part of the larger trend involving organized crime groups.
5 charged in connection with Liam Payne's death
An Argentine judge has confirmed charges against five people in connection with the death of Liam Payne, a former member of musical group One Direction.
Technology
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Apple agrees to pay $95 million to settle Siri eavesdropping claims
Apple surreptitiously activated Siri to record user conversations through iPhones and other devices, court finds.
Taco Bell using AI to take orders at drive-thru
Fast food chain Taco Bell is turning to artificial intelligence to meet the demand of its drive-thru customers. The technology is said to cut the wait for an order by 29 seconds and improve accuracy, according to a study. Danya Bacchus has the story.
How AI powered robots are helping small farms
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.
Chinese hackers breach U.S. Treasury Dept., obtain unclassified documents
The Treasury Department says Chinese hackers accessed several department workstations and unclassified documents. China denies any involvement.
Trump seeks pause of possible TikTok ban
President-elect Donald Trump asked the Supreme Court Friday to pause a potential U.S. ban on TikTok from taking effect. In his brief, he said he said he wants to delay the ban in order to give time for his incoming administration to "pursue a negotiated resolution."
Science
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U.K.'s biggest dinosaur footprint site discovered: "So surreal"
It is hoped the discovery will provide clues about how dinosaurs interacted, as well as their size and the speeds at which they moved.
What to know about tonight's "black moon"
It may sound spooky, but a black moon is nothing ominous.
Northern lights may be visible in parts of the U.S. New Year's Eve
Solar storms may bring northern lights to several states in the northern U.S. just in time for New Year's Eve, but cloud cover may put a damper on festivities.
New species, including "blob-headed" fish, identified across world in 2024
Hundreds of new species across the globe were identified by scientists in 2024.
California's mandatory clothing recycling program
Americans throw away billions of pounds of used clothes every year. But now, California is the first state to hold textile companies responsible for their products from start to finish. CBS News' Danya Bacchus explains.
Crime
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Florida sheriff's deputy identified as accused killer in 1979 cold case
Former Charlotte County Sheriff Deputy John Greer was named as the accused killer in the 1979 cold case, the sheriff said.
Biden updates on terrorist attack
President Biden provided an update on the terrorist attack in New Orleans, Louisiana, before delivering remarks on his judicial confirmations. Mr. Biden reiterated that as of now, the Bourbon Street attacker is believed to have acted alone.
New Orleans probes act of terrorism
Officials are investigating the New Orleans truck attack as an act of terrorism as several pieces of evidence pointing toward the attacker show he may have been radicalized by ISIS. David Viola, an adjunct professor at John Jay College, joins CBS News with more on the investigation.
Bourbon Street reopens in New Orleans
Bourbon Street has reopened in New Orleans, Louisiana, after a man rammed a truck into a crowd on Bourbon Street. At least 14 people were killed and dozens were injured on New Year's Day. CBS News' Kati Weis has more from the scene and Michelle Miller breaks down the city's legacy. Also, CBS News Confirmed's Rhona Tarrant reports on the known details about the driver of the truck, Shamsud-Din Jabbar.
Teens shot, injured in NYC, police says
A group of teens huddled outside the Amazura Concert Hall in Jamaica, Queens, were shot at and some were injured, officials say. CBS News New York's Christina Fan has the latest confirmed details.
Space
More Space
When and where to see the Quadrantids, 2025's first meteor shower
The first meteor shower of 2025 is about to peak. Here's how to watch and where you can see the Quadrantids.
Space debris weighing over 1,000 pounds crashes into Kenya village
Officials said they were investigating fragments of metal, believed to be from a rocket, that crashed into a village in the country's south.
What to know about tonight's "black moon"
It may sound spooky, but a black moon is nothing ominous.
Lunar eclipses, supermoons, meteor showers happening in 2025
Skywatchers can mark the calendar with a busy lineup of celestial occurrences in 2025.
NASA spacecraft safe after historic closest-ever approach to sun
NASA's Parker Solar Probe hurtled through the sizzling solar atmosphere and passed within a record-breaking 3.8 million miles of the sun's surface.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The Scott Peterson case: New evidence?
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Texas couple investigates teen daughter's unusual death
Cayley Mandadi's mother and stepfather go to extreme lengths to prove her death was no accident.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Biden updates on terrorist attack
President Biden provided an update on the terrorist attack in New Orleans, Louisiana, before delivering remarks on his judicial confirmations. Mr. Biden reiterated that as of now, the Bourbon Street attacker is believed to have acted alone.
Taco Bell using AI to take orders at drive-thru
Fast food chain Taco Bell is turning to artificial intelligence to meet the demand of its drive-thru customers. The technology is said to cut the wait for an order by 29 seconds and improve accuracy, according to a study. Danya Bacchus has the story.
New Orleans probes act of terrorism
Officials are investigating the New Orleans truck attack as an act of terrorism as several pieces of evidence pointing toward the attacker show he may have been radicalized by ISIS. David Viola, an adjunct professor at John Jay College, joins CBS News with more on the investigation.
Trump's response to New Orleans attack
President-elect Donald Trump's comments on the New Orleans terrorist attack first bashed President Biden's immigration policy. This comes as the nation prepares to honor former President Jimmy Carter's legacy while preparations continue for the new presidency. CBS News senior White House and political correspondent Ed O'Keefe reports.
Lawmakers react to terrorist attack
Lawmakers are reacting to the terrorist attack in New Orleans that killed at least 14 people and injured dozens. This comes as the House prepares to vote for a new speaker and as a new Congress begins. CBS News' Zak Hudak reports.