Millions of kids could lose the Child Tax Credit under GOP budget bill
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Child Tax Credit
Walz and Vance address child care concerns
During Tuesday's VP debate, CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance about how their administrations would approach child care issues, the paid family leave model and more.
Walz, Vance lay out campaigns' economic plans
The Wharton School says Harris and Trump campaigns' economic proposals would increase the national deficit. "CBS Evening News" anchor and managing editor Norah O'Donnell asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance how they would pay for the plans without ballooning the deficit.
Why boosting the Child Tax Credit has become a key issue for Harris, Trump
Government figures show it now costs more than $300,000 to raise a child from birth to age 18.
Harris and Trump push for Child Tax Credit hike
Government figures show it now costs more than $300,000 to raise a child from birth to age 18. Since 1997, the federal child tax credit has been helping parents save a little bit of that money. Now, both the Harris and Trump campaigns are proposing supersized versions of the tax break. Nancy Cordes reports.
Here's what to know about Harris' plan for a $6,000 newborn credit
Harris also wants to restore the pandemic's expanded Child Tax Credit. That could help millions of families, but cost $1.6 trillion.
Kamala Harris' economy plan details
Vice President Kamala Harris rolled out her plan to address specific economic policies Friday while campaigning in Raleigh, North Carolina. Her proposals include subsidizing low-wage workers and families with children. Harris also proposed some benefits for first-time homebuyers. CBS News' Nancy Cordes reports and David Wessel, a senior fellow in economic studies at Brookings, breaks down how economists may view some of the proposals.
Kamala Harris unveiling economic plan
Vice President Kamala Harris will lay out the details of her economic plan and proposed policies if she is elected president in November. CBS News chief White House correspondent Nancy Cordes previews the campaign event in Raleigh, North Carolina.
JD Vance wants a $5,000 Child Tax Credit. Here's what to know.
Senator JD Vance says he wants to boost the Child Tax Credit to $5,000 from its current $2,000. But that could come with a big price tag.
Vance calls for Child Tax Credit increase
Sen. JD Vance suggested on "Face the Nation" that he'd like to see the Child Tax Credit increased to $5,000. CBS News congressional correspondent Nikole Killion has more on Vance's proposal, which comes after he skipped a failed Senate vote on expanding the benefit earlier this month.
Child Tax Credit could be expanded
In today's MoneyWatch, a potential game-changer for parents: Congress is considering a significant expansion of the child tax credit, which could mean increased savings or larger tax refunds for families. CBS News business analyst Jill Schlesinger has more.
Senate fails to advance major tax bill that would expand Child Tax Credit
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
Tax Day is here, but the expanded Child Tax Credit hasn't materialized
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
House approves Child Tax Credit expansion. Here's who could benefit.
The Child Tax Credit is one step closer to getting a major expansion, potentially putting more money in parents' pockets.
Economy outgrew expectations in 4th quarter
The U.S. GDP grew at a faster rate than expected in the fourth quarter of 2023, increasing at a 3.3% annualized rate. CBS News business analyst Jill Schlesinger has more on the numbers, as well as possible changes to the child tax credit.
Child tax credit expansion deal reached
The 2021 child tax credit expansion positively impacted poverty rates in the United States during the pandemic. CBS News' Lana Zak is looking at the new benefits behind a proposed plan expansion, which would incrementally increase funds for qualified parents.
Here's who would benefit from new deal to expand the Child Tax Credit
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
Expert tips on preparing for next tax season
Tax season comes to a close Tuesday. Thomas Godwin, an assistant professor of accounting at Purdue University, joins Elaine Quijano and Michael George to look ahead to next year's tax season and offer advice on how Americans can begin planning for it.
Tips for last-minute tax filers
The deadline to submit your taxes is Tuesday. Mark Steber, a senior vice president and chief tax information officer at Jackson Hewitt Tax Service, joined "CBS News Mornings" with tips for last-minute filers and advice for making the process go as smoothly as possible.
Explaining the Child Tax Credit
Pratik Patel, the head of Family Wealth Strategies for BMO Family Office, joins CBS News' Lilia Luciano and Lana Zak to discuss the Child Tax Credit. He explains who qualifies, who doesn't, and how it could impact your tax refund.
Here's what to know if you haven't filed your tax return yet
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
Americans may get a tax refund shock this year
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Why some Americans may get a smaller tax refund this year
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
9 million people have one day to claim U.S. stimulus checks
IRS officials say 9 million Americans are still eligible for stimulus aid, but clock is ticking to claim funds.
11/15: CBSN AM
COVID cases and hospitalizations rising again in U.S.; Future of enhanced child tax credit up in the air
Kristi Noem out as secretary of Homeland Security, Trump says
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
Live
Trump says he must have a role in choosing Iran's next leader as war expands
President Trump said he must have a role in choosing Iran's next leader and called the son of the late Ayatollah Ali Khamenei "unacceptable."
U.S. seeking to "raze or level" Iran's ballistic missile industry, Adm. Cooper says
Defense Secretary Pete Hegseth gave a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
Who will be Iran's next supreme leader? One name stands out.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
FBI confirms its networks were targeted by "suspicious" cyber activities
The FBI said it "identified and addressed suspicious activities on FBI networks" and that it was responding but did not elaborate.
Pentagon formally designates Anthropic a supply chain risk amid feud over AI guardrails
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Dow tumbles almost 800 points amid concerns about surging oil prices
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
House approves bill to fund DHS, but roadblocks remain in Senate
The House passed a measure to fund the Department of Homeland Security on Thursday, but Senate Democrats blocked similar legislation.
Inside the decision to remove Kristi Noem as DHS secretary
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
U.S.
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Lindsey Halligan under investigation by the Florida Bar
Lindsey Halligan was the interim U.S. Attorney for the Eastern District of Virginia.
Inside the decision to remove Kristi Noem as DHS secretary
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
Iran war hits housing market as mortgage rates rise to 6%
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
U.S. contractor who allegedly stole $46 million of crypto arrested, FBI says
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Record share of Americans are tapping 401(k)s for hardship withdrawals
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
MoneyWatch
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Iran war hits housing market as mortgage rates rise to 6%
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Record share of Americans are tapping 401(k)s for hardship withdrawals
More Americans are digging into their retirement savings for emergency expenses, research from Vanguard shows.
Pentagon formally designates Anthropic a supply chain risk amid feud over AI guardrails
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Trump vowed to revive manufacturing. Factory jobs are still vanishing.
Job cuts at a Whirlpool factory in Iowa underscore the challenges in reviving American manufacturing. "Every day, workers' jobs are still in jeopardy," a union official said.
Dow tumbles almost 800 points amid concerns about surging oil prices
Stocks fell sharply on Wall Street on Thursday as oil prices rose further because of the war with Iran.
Politics
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Lindsey Halligan under investigation by the Florida Bar
Lindsey Halligan was the interim U.S. Attorney for the Eastern District of Virginia.
Inside the decision to remove Kristi Noem as DHS secretary
The timing of Trump's Truth Social post announcing Kristi Noem's removal as DHS secretary took DHS officials and the secretary herself by surprise.
U.S. seeking to "raze or level" Iran's ballistic missile industry, Adm. Cooper says
Defense Secretary Pete Hegseth gave a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
Pentagon formally designates Anthropic a supply chain risk amid feud over AI guardrails
The U.S. military has formally designated artificial intelligence firm Anthropic a supply chain risk, sources told CBS News, a sweeping move that could cut it off from military contracts.
Kristi Noem out as secretary of Homeland Security, Trump says
The announcement comes amid criticism of DHS spending under Noem, and as Congress has allowed the department's funding to lapse.
HealthWatch
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RFK Jr. challenges Dunkin' and Starbucks over sugary drinks
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Some baby formula brands contain heavy metals, Consumer Reports says
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
States face pushback on their rural health transformation plans
Some Republican state lawmakers and health associations are pushing back against spending plans under the Trump administration's $50 billion federal rural health fund.
Chocolate supplement recalled over erectile dysfunction drug
USALESS.COM is recalling its Rhino Choco VIP 10X product due to the undeclared presence of Tadalafil, which is the active ingredient in Cialis.
College student's mystery illness diagnosed as Stage IV cancer
Emma Operacz was diagnosed with a rare cancer at 21. An unusual treatment and bone marrow donation from her sister saved her life.
World
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U.S. contractor who allegedly stole $46 million of crypto arrested, FBI says
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
U.S. seeking to "raze or level" Iran's ballistic missile industry, Adm. Cooper says
Defense Secretary Pete Hegseth gave a press briefing with Admiral Brad Cooper, the commander of U.S. Central Command.
Who will be Iran's next supreme leader? One name stands out.
The assassination of Iran's Supreme Leader Ayatollah Ali Khamenei in the early hours of the war has raised a simple but enormously consequential question: Who will replace him?
Could Iran attack on U.S. soil? Be "extra vigilant right now," security analyst says
A former national security official says Iran has "surrogate networks here in the United States" and urges Americans to be "extra vigilant right now."
Ecuador sinks "narco sub" as nation works with U.S. to fight organized crime
Ecuador and the U.S. began joint military operations on Tuesday, the U.S. Southern Command said on social media.
Entertainment
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Savannah Guthrie visits "Today" studio, says she intends to return to show
Savannah Guthrie thanked her colleagues for "caring about my mom as much as I do" in her visit to the studio since Nancy Guthrie's disappearance.
Spoiler: Ex-"Survivor" winner on elimination
(Warning: Spoiler alert ahead!) Savannah Louie, who won season 49 of "Survivor," talks about her early elimination from the show's 50th season, challenges she faced as a former winner and the lesson she took away from the game.
Leibovitz on photographing influential women
Throughout her career, Annie Leibovitz has photographed influential women, including Supreme Court Justice Ketanji Brown Jackson, Queen Elizabeth and former House Speaker Nancy Pelosi. She spoke to Anthony Mason about the moments behind the photos and what she plans for her future.
True crime series spotlights U.S. small towns
Hilarie Burton Morgan, known for playing Peyton on "One Tree Hill," talks about her docuseries, "True Crime Story: It Couldn't Happen Here," which is in its third season. She explains how each episode highlights a case in a small town in the U.S., how the series empowers the audience and recent developments in a cold case.
Padma Lakshmi talks "America's Culinary Cup"
TV host and food expert Padma Lakshmi, the creator and executive producer of the new CBS series, "America's Culinary Cup," speaks to "CBS Mornings" about creating the cooking competition and how it's different from other shows.
Technology
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Exclusive
Anthropic CEO: We're trying to "deescalate" Pentagon AI standoff to reach agreement
Anthropic CEO Dario Amodei said his company and the Department of Defense "have much more in common than we have differences."
OpenAI changing Pentagon deal after backlash
Hours after the Trump administration ditched Anthropic over the dispute about AI use, OpenAI struck its own deal with the Pentagon. Now the details of that agreement appear to be changing after backlash. Katrina Manson, Bloomberg News reporter, has more.
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.
Amazon says drones hit 3 of its Middle East data centers
Drones struck two facilities in the United Arab Emirates directly, and damaged a data center in Bahrain, Amazon said.
Exclusive
AI executive Dario Amodei on the red lines Anthropic would not cross
The CEO of Anthropic says his company refused to allow its technology to be used by the Trump Administration without certain guidelines (such as not using its AI to power fully-autonomous weapons without any human involvement).
Science
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Sea levels higher than thought due to "methodological blind spot," study says
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
What scientists will be looking for when government UFO files are released
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Crime
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U.S. contractor who allegedly stole $46 million of crypto arrested, FBI says
John Daghita was arrested on the island of Saint Martin, FBI Director Kash Patel said.
Austin PD give update on probe of deadly mass shooting that killed 3
Austin Police Chief Lisa Davis played surveillance video and police body cam video.
Suspect identified and in custody after 3 women's bodies found in Utah
A suspect is in custody and has been identified after authorities in Utah found three women's bodies in two locations.
Man accused of plot to assassinate Trump says Iran pressured him
A man accused of plotting to kill U.S. politicians said he was pressured by Iran's Islamic Revolutionary Guard Corps to devise the murder-for-hire scheme.
Gloves found near Guthrie's home tied to restaurant worker, no connection to case
DNA from the gloves found near Nancy Gunthrie's Arizona home was traced back to a local restaurant worker who has no connection to the investigation, the Pima County Sheriff's Department said.
Space
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Space
Why NASA is overhauling Artemis program
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
How NASA plans to get astronauts on the moon
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA announces major overhaul of Artemis moon program "to take down risk"
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Safety concerns over NASA's Artemis program
NASA's Artemis II mission continues to face concerns and delays. Scott E. Parazynski, a former astronaut, joins CBS News with more.
NASA rolls Artemis II back for repairs
NASA is rolling back the Artemis II moon rocket from its launch pad at the Kennedy Space Center in Florida. It is expected to take up to 12 hours to move the 322-foot rocket, with the journey spanning four miles back to its hangar for repairs. CBS News space consultant Bill Harwood has more.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
RFK Jr. questions Dunkin', Starbucks over health
Health and Human Services Secretary Robert F. Kennedy Jr. is challenging two major coffee chains -- Dunkin' and Starbucks -- as part of his "Make America Healthy Again" initiative. Tom Hanson has details.
Body cam shows police response to Austin shooting
Austin police released body camera and surveillance video of a deadly mass shooting. Jason Allen has more.
U.S. and Israel target Iran's missile launchers
On the sixth day of the Iran war, President Trump says Operation Epic Fury was far ahead of schedule. Joint U.S.-Israeli forces have near-complete control of Iranian skies. Tony Dokoupil has the latest.
What we know about why Trump is replacing Noem
President Trump announce that Department of Homeland Security Secretary Kristi Noem would leave her role later this month as she's faced intense criticism that came to a crescendo this week. As Nancy Cordes reports, Noem's claims about a $220 million ad campaign may have been the final straw.
Breaking down U.S. goals in Iran
President Trump reiterated on Thursday that the U.S. has made progress with its four goals for the ongoing war with Iran. "The Daily Report" breaks down the goals and the status of the conflict.