Biden says U.S. will pay down national debt for first time in 6 years
The president emphasized how strong job gains have increased total incomes and led to additional tax revenues that have improved the government's balance sheet.
National Debt
House to vote on debt ceiling extension
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.
Senator Pat Toomey on raising debt ceiling
Senator Pat Toomey, R-Pennsylvania, joins "CBS Mornings" to discuss why Republicans won't support helping Democrats raise the debt ceiling.
Congress at odds over how to avoid debt default
President Biden is facing perhaps the most pivotal week of his presidency as Democrats seek to pass the main pillars of his legislative agenda while a government shutdown looms. Nikole Killion reports.
Congress faces debt ceiling standoff
Congressional Democrats are pushing to raise the national debt ceiling before the government funding runs out at the end of the month. But Republicans say they will not support stopgap funding legislation. CBS News congressional correspondent Nikole Killion joins CBSN with the latest.
Democrats finalizing $3.5 trillion spending bill
Lawmakers on Capitol Hill are working to push through their ongoing budget battle. Senate Democrats are finalizing the final text of their $3.5 trillion spending bill. But as CBS News' Skyler Henry reports, the Senate Parliamentarian delivered a blow to the party on its immigration plans. This comes as both House and Senate Democrats unveiled a spending measure to avoid a government shutdown coupled with a suspension to the national debt ceiling. Siobhan Hughes, a congressional reporter for The Wall Street Journal, joins CBSN's Elaine Quijano with more on how Republicans are reacting to the plan.
Immigration plan blocked from spending bill
Senate Democrats hoped to include pathway to citizenship for millions of immigrants in their $3.5 trillion budget proposal, but the Senate parliamentarian ruled against it. CBS News congressional correspondent Nikole Killion joins CBSN AM with the latest on that plus the upcoming deadline for raising the debt ceiling.
Senate passes bipartisan infrastructure bill
A massive infrastructure bill passed in the Senate, with 19 Republicans joining every Democrat in voting for it. Kris Van Cleave has more on what's in the bill.
What's next for infrastructure bill?
A total of 70 senators appear poised to carry a big bipartisan infrastructure package to passage, with lawmakers eager to tap new spending for their states and show voters back home they can deliver. Washington Post congressional reporter Rhonda Colvin joins CBSN's Anne-Marie Green and Vladimir Duthiers with analysis ahead of the much-anticipated vote.
U.S. troops to leave Afghanistan by August 31
America's longest war is coming to an end, with President Biden announcing the withdrawal of U.S. troops from Afghanistan will conclude by August 31. CBS News senior White House and political correspondent Ed O'Keefe, Politico White House correspondent and associate editor Anita Kumar, and The Washington Post's Capitol Hill reporter Rhonda Colvin join CBSN's "Red & Blue" with more on the impact, as well as the latest push by Democrats to protect voting rights.
Biden proposes $6 trillion budget
President Biden is laying out his budget priorities to Congress with a $6 trillion proposal that would vastly expand social programs to help the neediest Americans. Maya MacGuineas of the Committee for a Responsible Federal Budget spoke with CBSN's Tanya Rivero about why she believes the national debt is a more important focus.
Economists react to Biden's recovery plan
President Biden's latest economic recovery proposal, the American Families Plan, would invest nearly $2 trillion dollars in education and child care, but some economists worry massive government spending could heat up the economy too quickly, causing inflation to soar. Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano with the details.
Biden pushes for new COVID-19 relief plan
President Biden is continuing to urge Republicans to endorse his new coronavirus relief plan. Republicans, however, are concerned about $1.9 trillion price tag. Christina Ruffini reports.
Janet Yellen pushes for "big" federal action
CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss the "big" actions Janet Yellen wants to see done by the Treasury Department if she is confirmed as secretary by the incoming Biden administration.
U.S. budget deficit hits highest level in 7 years
The surge is largely due to increased spending and revenue lost to GOP tax cuts
U.S. deficit will top $1 trillion next year, watchdog says
Over the next decade, the U.S. will spend about $1.2 trillion more than it takes in every year, CBO estimates
Budget deal raises national debt concerns
President Trump and Democratic congressional leaders have reached a bipartisan federal budget agreement. But while the deal prevents a government shutdown, some experts are raising concerns about increasing the national debt long-term. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, joined CBSN to discuss the deal.
5 problems with a $22 trillion national debt
There's no precedent for debt this high during an economy this good, raising several troublesome issues
National debt hits record high $22 trillion
The national debt has surpassed $22 trillion for the first time ever, and experts say that could hurt the economy. The 2017 tax cut bill and increased spending are the main reasons, CBSN's Reena Ninan reports.
America's interest payments are about to skyrocket
Rising interest rates and a growing deficit are sending the costs of the U.S.' "credit card balance" to a 25-year high
The skyrocketing interest payments on U.S. debt
Even as the country's economy booms, an exploding federal deficit has interest payments vaulting upward
Dealing with debt
Areport from JP Morgan predicts U.S. debt per household is expected to surpass debt held by Americans for the first time ever. Darrick Hamilton, professor of economics and urban policy at the New School, joins CBSN to discuss.
The dangers of Treasury bonds yielding 3 percent
Long-term interest rates are threatening to push bonds over a threshold that has spooked investors in the past.
Kids are the future? Not when it comes to federal spending
The U.S. soon will spend more on the national debt than on kids' health or education programs
Federal deficit to blow past $1 trillion sooner than expected
Congressional Budget Office says tax cuts, increased federal spending will widen the government budget gap
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Judge postpones Trump's New York "hush money" sentencing
Trump's sentencing in the "hush money" case has been delayed by a New York judge.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Fearing deportation, some Haitian migrants are leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
How a Trump Justice Department could shift legal positions at the Supreme Court
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
U.S.
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Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Ernie Johnson, wife found healing by "unlocking" their late son's key collection
Ernie and Cheryl Johnson had planned to hold onto their late son Michael's quirky key collection forever. But then they met 6-year-old Cooper Kivett.
Fearing deportation, some Haitian migrants leaving Springfield, Ohio
Most Haitian migrants in Springfield, Ohio, live there legally through Temporary Protected Status, which President-elect Donald Trump has vowed to end.
MoneyWatch
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Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
Walmart must pay driver it accused of fraud $35 million, jury says
A jury ruled that Walmart must pay a former employee almost $35 million after finding that the retailer defamed him.
Eggs are getting scarcer and pricier ahead of the holidays. Here's why.
Highly Pathogenic Avian Influenza — also known as bird flu — is killing layer hens and reducing the nation's egg supply.
Supreme Court takes up FCC fund dispute over subsidies for rural telecom services
The Universal Service Fund was created by Congress in 1996.
Politics
More Politics
Trump nominates Marty Makary, who opposed COVID vaccine mandates, to head FDA
President-elect Donald Trump has nominated a critic of COVID-19 health measures to lead the Food and Drug Administration.
Trump selects Rep. Lori Chavez-DeRemer as Labor secretary
Republican Rep. Lori Chavez-DeRemer of Oregon, who narrowly lost her reelection bid earlier this month, received strong backing from union members in her district.
Who is Scott Bessent? What to know about Trump's Treasury secretary pick.
If confirmed, Bessent would runn the department that manages the nation's finances as well as its tax agency, the Internal Revenue Service.
Trump selects Scott Bessent for Treasury secretary
Scott Bessent, the founder of the Connecticut-based hedge fund Key Square Group, had been making a full-court press for the post.
How a Trump Justice Department could shift legal positions at the Supreme Court
Trump's new lawyers will have to decide how to handle hot-button issues before the high court this term, including cases on treatments for transgender youth and on ghost guns.
HealthWatch
More HealthWatch
1 infant dead in California, 9 hospitalized in latest listeria outbreak
Laboratory findings show that Yu-Shang Food ready-to-eat meat and poultry products were making people sick, the CDC said.
E. coli outbreak in St. Louis sickens 106, hospitalizes 2
More than half of the cases involve students, parents and guests of Rockwood Summit High School who attended events where food from Andre's Banquets and Catering was served.
What to know about the newly identified chemical in U.S. drinking water
Researchers have identified a chemical in certain tap water across the United States as chloronitramide anion. Here's what to know.
Whole Foods organic carrots and celery recalled amid E. coli outbreak
Whole Foods Market stores in five states sold recalled carrots and celery sticks that could contain E. coli.
Anti-fraud efforts meet real-world test during ACA enrollment period
The federal government put guardrails in place to limit unauthorized plan sign-ups and switches. But the changes could prove to be a burden to consumers.
World
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Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
The new missile Russia is using in Ukraine and why it has NATO on edge
Russia's new intermediate-range ballistic missile has NATO members on edge after the missiles were used in a strike on Ukraine early Thursday morning.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
Conor McGregor must pay $250K to woman who says he raped her, Irish civil jury says
The Dublin jury awarded the woman nearly $257,000 for her lawsuit that claimed Conor McGregor "brutally raped and battered" her on Dec. 9, 2018
Frenchman jailed for teen daughter's rape, inviting others to join abuse
A 38-year-old man has been jailed in France for raping his teenage daughter for years and inviting other men, many of them much older, to join in the abuse.
Entertainment
More Entertainment
Should fans sing along in theaters during the "Wicked" movie?
Cynthia Erivo, Ariana Grande, AMC and fans react to the debate over in-theater singing during "Wicked."
Alice Brock, inspiration of Arlo Guthrie's "Alice's Restaurant," dead at 83
Alice Brock, whose Massachusetts-based eatery helped inspire Arlo Guthrie's deadpan Thanksgiving standard, "Alice's Restaurant," has died at age 83.
"Sunday Morning" 2024 "Food Issue" recipe index
Delicious menu suggestions from top chefs, cookbook authors, food writers, restaurateurs, and the editors of Food & Wine magazine.
Ridley Scott on returning for "Gladiator II": "I kept thinking about it"
Ridley Scott returns to ancient Rome with "Gladiator II" nearly 25 years after the Oscar-winning original.
Ridley Scott on his vision for "Gladiator II"
Nearly 25 years after the original "Gladiator" won five Academy Awards, Ridley Scott returns with "Gladiator II," out Nov. 22. Elizabeth Palmer speaks with the director about bringing his epic vision back to life.
Technology
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Technology
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
AI grandma fights back against scammers
Daisy's mission is two-fold: To waste scammers' time so they can't speak to real people and to draw attention to fraud by warning consumers to be vigilant.
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.
Australia could ban social media for kids
Australian legislators introduced a landmark bill Thursday to ban social media for children under 16. CBS News London's Leigh Kiniry reports on what this could mean for social media companies.
DOJ targets Google's search engine monopoly
The Department of Justice on Wednesday filed a motion calling for Google to sell its Chrome search engine, arguing in court documents that "the playing field is not level." The Justice Department is also recommending dissolving any contracts in which Google is the default search engine on devices such as iPhones. Kelly O'Grady explains.
Science
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Science
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.
Emperor penguin found on Australian beach released at sea after 20 days of care
The only emperor penguin known to have swum from Antarctica to Australia was released at sea 20 days after he waddled ashore on a popular tourist beach.
Iceland volcano flares in region's 7th eruption in one year
A volcano erupted in southern Iceland, near the town of Grindavík and the Blue Lagoon spa, marking the region's seventh eruption in a year.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Crime
More Crime
Police chief kills himself as troops close in to arrest him in Mexico
The police chief killed himself with his own weapon as marines, National Guard and soldiers closed in to try to arrest him, prosecutors said.
U.S. accuses former Colombia general of extrajudicial killings
Former general Mario Montoya and his family are barred from traveling to the U.S., Secretary of State Antony Blinken said.
4.78 tons of cocaine, $193,000 in cash found in shipping containers
Prosecutors said eight people were detained following searches carried out in Belgium and the Netherlands earlier this month.
84-year-old Texas man accused of killing roommate and her dog
The man was arrested on an unrelated carjacking warrant and admitted to killing his roommate and her pet.
Georgia woman convicted of killing her toddler gets life in prison
Leilani Simon was spared the maximum punishment of life without a chance of parole.
Space
More Space
Blue Origin launches 6 tourists to the edge of space
Marc and Sharon Hagle, both making their second space flight, were among the passengers for the NS-28 mission.
Blue Origin launches 9th space tourism flight
The ninth Blue Origin space tourism flight launched from West Texas Friday morning. CBS News space consultant Bill Harwood and space expert Scott Heidler offered analysis of the flight.
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
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.
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.
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.
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.
Evidence in "The Dexter Killer" case
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.
Summer music heats up 2024
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.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Most anticipated movies this season
Fandango's November survey discovered which movies are the most highly anticipated ahead of the holiday season. Managing editor Erik Davis joins CBS News to discuss the films people are itching to see and why.
U.S. women's soccer season to end in epic showdown
A historic season of women's soccer is culminating in an epic title showdown. The Washington Spirit will square off with the Orlando Pride in the National Women's Soccer League championship.
How to spice up Thanksgiving dinner
Rosemary's Midtown executive chef Christopher Caliso joins CBS News to discuss new and creative ways to upgrade this year's Thanksgiving dinner.
Who has the best Black Friday tech prices?
Black Friday is almost here, but some of the hottest tech items are already on sale. CNET senior editor Lisa Eadicicco joins CBS News to discuss high-demand gifts and what retailers offer the best prices.
How are U.S. winters permanently changing?
This winter, the National Oceanic and Atmospheric Administration predicted above-average temperatures throughout the U.S. because of a "slowly developing" La Niña pattern. CBS News Sacramento meteorologist Tracy Humphrey reports on the changing winter conditions.