U.S. could hit the debt ceiling on October 18, Janet Yellen says
The country could go into default for its first time in history.
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The country could go into default for its first time in history.
The clock is ticking as lawmakers on Capitol Hill scramble to avoid a government shutdown later this week and prevent the U.S. from defaulting on its debt next month. On Monday, Republican senators blocked a bill to suspend the debt ceiling and keep the government operating past Thursday. CBS News congressional correspondent Kris Van Cleave joined CBSN's Tanya Rivero to discuss the latest.
The U.S. appears to be on the brink of a major fiscal crisis and potential government shutdown as lawmakers scramble to pass key legislation. Senate Republicans blocked a bill that would've kept federal agencies funded through early December and raise the national debt limit, and moderate and progressive Democrats are clashing over President Biden's agenda. CBS News congressional correspondent Kris Van Cleave and CBS News chief White House correspondent Nancy Cordes joined CBSN with the latest developments.
Senate Republicans on Monday evening blocked a bill that would temporarily prevent the federal government from shutting down and allow the United States to continue paying its debts. CBS News congressional correspondent Nikole Killion joins CBS News' Ed O'Keefe to discuss the next moves in trying to prevent a government shutdown, and where negotiations on two major infrastructure bills stand.
Congress has until Friday to pass a temporary bill known as a continuing resolution to fund the government and avoid defaulting on the United States' debt. Partnership for Public Service President and CEO Max Stier says the nation should do away with the dysfunctional process of funding the government through short-term spending bills, and explains how the mere threat of a government shutdown harms federal workers.
The president acknowledged deeply divided congressional Democrats are "getting down to the hard spot" in negotiations over passage of his massive social spending plan.
As budget battles and the conversation over police reform continue, Margaret Brennan sits down with key negotiator Senator Tim Scott for an update.
The South Carolina Republican senator, the top Republican negotiator on police reform, blamed the collapse of the talks on Democrats' "defunding the police" agenda.
The South Carolina Republican senator spoke with "Face the Nation" moderator Margaret Brennan about the collapse of police reform negotiations in Congress.
Legislation that determines spending and revenue has already been approved, while raising the debt ceiling is about paying those bills.
Time is running out for Congress to pass a funding bill to prevent the federal government from shutting down. CBS News congressional correspondent Nikole Killion joins CBSN anchor Lana Zak to discuss what's preventing lawmakers from reaching an agreement and what could happen if they don't.
The Biden administration's special envoy to Haiti resigned following the expulsions of Haitian migrants to their home country. Thousands of migrants have been camping under a bridge on the southern border in Texas for several days, and the White House now says horses will no longer be used at the Del Rio border after video footage showed agents aggressively dispersing Haitians. Congressman Andy Levin, a Democrat from Michigan, joined CBSN's Tanya Rivero to discuss that and efforts to raise the U.S. debt ceiling and keep the federal government from shutting down.
Senate Republican leader Mitch McConnell continues to hold out against raising the federal debt ceiling, and experts warn the failure to do so could result in economic catastrophe. CBS News congressional correspondent Nikole Killion and Washington Post White House economics reporter Jeff Stein joined Vladimir Duthiers on CBSN to discuss the Senate stand-off.
The Senate is deadlocked in the debate over raising the debt ceiling. If the limit is not raised, the country risks going into default on its debt. Lawmakers on both sides agree the ceiling needs to be raised, and experts warn if it isn't, it could be catastrophic for the U.S. economy. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss what's at stake.
Democrats are working to pass President Biden's infrastructure bill and stopgap funding to keep the government running. CBS News political contributor and Democratic strategist Joel Payne joins CBSN's Tanya Rivero with more on the legislative fight.
The former White House chief of staff for Bill Clinton and counselor to Barack Obama sent a note to every Democratic congressional office.
The U.S. House of Representatives passed a short-term government funding and debt limit increase bill Tuesday night with zero Republican support. The bill now heads to the Senate where Republicans have vowed to oppose it. CBS News congressional correspondent Nikole Killion joins CBSN AM to discuss.
Failure by lawmakers to raise the government's borrowing limit would throw economy into reverse, economist warns.
The short-term budget passed by the House on Tuesday that would keep the government running and avoid default will fail in the Senate without Republican support.
The short-term continuing resolution was passed in a party-line vote of 220 to 211. It sets up a possible showdown with Republicans.
If the U.S. government cannot pay its bills, millions of Americans, including Social Security recipients and veterans, could be affected.
In his first address to the U.N. General Assembly, President Biden said the U.S. is shifting its focus to global issues like climate change and cyber threats. CBS News' Michael George joins CBSN's "Red & Blue" anchor Elaine Quijano with the details. Then Axios' congressional reporter Alayna Treene and the Boston Globe's Washington bureau chief Liz Goodwin discuss the debt ceiling standoff and former President Trump's upcoming rally in Georgia.
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.
Senate Minority Leader Mitch McConnell held strong Monday on his assertion that Republicans will not help Democrats address the debt ceiling.
President Joe Biden will address the United Nations General Assembly in New York City on Tuesday for the first time since taking office. It follows the difficult withdrawal from Afghanistan and criticism from NATO allies. CBS News senior White House and political correspondent Ed O'Keefe, Politico White House correspondent Natasha Korecki and Insider political reporter Oma Seddiq join CBSN's "Red & Blue" anchor Elaine Quijano with more on that, plus the latest on COVID vaccine efforts and a looming deadline to keep the U.S. government funded.
The moves by the Houthis make it easier for the Iran-backed rebels to target ships transiting the crucial Bab el-Mandeb Strait for Saudi Arabian oil exports.
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
In a blog post, Anthropic CEO Dario Amodei cautioned that swarms of rogue AI agents could take over the internet in as little as six months.
Four former presidents were at the World Trade Center memorial site for 9/11 commemorations, while President Trump spoke at the Pentagon.
The CIA released 71 reports from the months and years leading up to 9/11, providing a new look at what the spy agency told two presidents before the deadly strikes.
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
An American Airlines reservations agent who took Betty Ong's historic 9/11 call recalls the flight attendant's bravery.
A Navy sailor who was still on active duty as of this week appeared at the Republican midterm convention on Thursday.
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
In a blog post, Anthropic CEO Dario Amodei cautioned that swarms of rogue AI agents could take over the internet in as little as six months.
An El Niño pattern occurs every two to seven years.
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The adjustment could provide financial relief for taxpayers who find that more of their income is taxed at lower rates, a Bloomberg analysis suggests.
Some workers are seeing stronger wage growth by switching jobs, while others are "job-hugging" because of AI, research shows.
Investors believe the Fed will raise borrowing costs as it works to tame inflation, which has risen a full percentage point since the Iran war started.
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
The USS George Washington, with its approximately 5,000 personnel, fighter jets and munitions, is the backbone of the U.S. military's tactical operation in the Iran war.
Now the chairman of the Joint Chiefs of Staff, Gen. Dan Caine was a young fighter pilot mobilized in the response on Sept. 11, 2001.
The court filing did not indicate what charges David Rush could plead to.
The candidates in Michigan's closely watched U.S. Senate race, Democrat Abdul El-Sayed and Republican Mike Rogers, have exchanged criticism over their records on the 9/11 attacks.
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
Affordable Care Act recipients in 30 states are set to receive the $500 checks starting in October. Here's why.
The Centers for Disease Control and Prevention said there is no longer a risk of people getting sick with cyclosporiasis from this outbreak and is confident that all related iceberg lettuce is off the market.
Neither infant was old enough to be vaccinated. The first dose of the measles vaccine is typically given at around 1 year of age.
Amid a national blood supply crisis, Dr. Courtney Lawrence sat down with Norah O'Donnell to talk about donating blood, health myths and more.
The regional train was carrying 186 passengers from Rouen to Caen when it derailed Friday evening in Cleon.
President Trump's visit to Ireland mixes official talks with Irish leaders and attendance at the Irish Open at a golf course that the president owns.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
Saudi Crown Prince Mohammed bin Salman has personally pressed President Trump to take military action against the Iran-backed Houthis, sources tell CBS News.
Once shunned over its extremist roots, the Sweden Democrats could enter government for the first time as voters weigh immigration, crime and Sweden's political transformation.
President Trump's trip to Ireland, the artist who sketched Ground Zero, a travel expert's top honeymoon destinations and much more.
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Fast As I Can Crawl."
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "When Love Tries To Hurt You."
Hailing from Oklahoma City, roots-driven country band Jason Scott & The High Heat is on the rise. Headliner Jason Scott spent years training as a preacher until he experienced a crisis of faith, an experience that shaped his songwriting. The band's upcoming album "Playboy" captures their electrifying sound. Here's Jason Scott & The High Heat with "Too Good, Too Bad."
The Metro Nashville Airport Authority board voted 6-0 on Friday to begin the process of changing the name and said a final name has not been chosen.
A number of tech insiders have voiced concerns and given dire warnings in recent days about the rapid growth of AI. CBS News' Jo Ling Kent and Maya Blackstone have more.
Some tech insiders are sounding the alarm on the dangers of artificial intelligence, which could be used to disable critical infrastructure or create biological weapons. Dr. Céline Gounder weighs in.
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.
Two tech insiders are sounding the alarm on artificial intelligence. Former Anthropic researcher Jacob Coxon warns that AI could "kill us all," and now former Google DeepMind researcher Alex Turner warns that society is "just not prepared."
The development of AI "doesn't look that different from say, 'Terminator,' or from science fiction films," Jacob Coxon said.
In a blog post, Anthropic CEO Dario Amodei cautioned that swarms of rogue AI agents could take over the internet in as little as six months.
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Paula Devlin, a juror in the murder trial of Lindsay Clancy, sat down with Shanelle Kaul to share her experience with the high-profile case and tense deliberations that ultimately ended in a mistrial.
Mississippi police have arrested a man in the death of Tasia Fortune, a Black woman found hanging from a tree last month.
25 years after 9/11, we rarely hear about the state of the organization responsible for the attacks. The Atlantic recently put out a piece on al-Qaeda that says in part, "analysts can't decide if the terrorist organization is all but defunct or more threatening than ever." The article's author, Graeme Wood, joins "The Takeout" to discuss.
The FBI is warning of potential attacks on 9/11 remembrance ceremonies as terrorist groups call for new strikes on U.S. soil. Anna Schecter has more.
The men, who were arrested in the South African city of Cape Town in 2021, are set to be handed over to officials from the FBI.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Jill Schlesinger answers your personal finance questions.
President Trump's trip to Ireland, the artist who sketched Ground Zero, a travel expert's top honeymoon destinations and much more.
Artist John Coburn went to Ground Zero after the 9/11 attacks, drawing the scenes of destruction, recovery, and everyday life there as a way to transmute pain into art. Coburn spoke with Nicole Sganga about his "Healing Hearts" collection, which he sent to families of victims, survivors and first responders.
CBS Sports' Joe Musso looks ahead as the NFL season ramps up.
Tune in Sunday at 7:30p ET/PT for a 60 Minutes hidden camera investigation into a lucrative business: brokering pardons for felons. Lobbyists offer a chance at clemency — at a cost, and with no guarantees.