What happens to Social Security if the U.S. breaches the debt ceiling?
Millions of Social Security recipients "need to be very careful" about spending because payments could be delayed, one expert said.
America's Debt Battle
Yellen: U.S. default would be a "catastrophe"
The treasury secretary also told G-7 finance ministers and central bank chiefs meeting in Japan that a first-ever U.S. default on its debts is "unthinkable."
Analysis: U.S. could hit debt limit "X-date" within weeks
The U.S. may be unable to pay its bills within weeks if Congress does not raise or suspend the debt ceiling.
Face the Nation, 07.31.11
Bob Schieffer spoke with Sen. Mitch McConnell (R-Ky.) and Sen. Charles Schumer (D-NY) on the potential deal between the White House and the GOP over raising the nation's debt ceiling; Also, Bob Schieffer lends his advice on how the White House should portray the president.
Face the Nation, 07.24.11
Bob Schieffer is joined by White House Chief of Staff William Daley, Sen. Jon Kyl (R-Ariz.), Sen, Richard Durbin (D-Ill.), Sen. Saxby Chambliss (R-Ga.), and Sen. Mark Warner (D-Va.) to answer the key questions in the debt deal negotiations and if Washington can break their gridlock before the nation stumbles into its first financial default.
Partisan bickering blamed for credit downgrade
Partisan bickering continues in Washington in the aftermath of the downgrade of U.S. credit. Whit Johnson reports.
Goldman Sachs CEO: Fiscal cliff a test of trust for U.S. investors
Lloyd Blankfein says going over fiscal cliff would shake confidence in investing in the United States
D.C.'s next battle: The debt ceiling
Partisan battle looming, Obama not willing to negotiate
Truce made in debt limit battle
The House passed a bill that buys the country another four months
Ryan floats short-term debt limit increase idea
Budget Committee chairman Paul Ryan says it would allow more time for Republicans to work on spending cuts with Democrats
Fitch warns of U.S. credit rating downgrade
Leading rating agency says battle over hiking debt ceiling lid jeopardizing triple-A rating
Pentagon preps hiring freeze, contract delays, just in case
Def. Sec. Leon Panetta warns: "Fiscal uncertainty has become a serious threat to our national security"
"Cliff" deal loaded with special interest tax breaks
Supporters claim breaks are not pork, rather job creating provisions
Senate quiet as leaders work on "cliff" deal
Senate leaders working behind the scenes on compromise to present to full Senate
Sen. McConnell "hopeful," "optimistic" on "cliff" deal
No deal yet, but progress evident in final days
Obama "modestly optimistic" on "fiscal cliff" deal
Democrat, GOP leaders agree to extend jobless benefits, but still deadlocked on tax increases
Going over the "estate cliff"
The "fiscal cliff" could have serious repercussions for the nation, including when it comes to property ownership
"Plan B" vote backfires on Boehner
Risky move intended to improve leverage with Obama, leaves Speaker weaker
No Christmas miracle on "fiscal cliff"
On deal Obama a "hopeless optimist," Boehner says "God only knows"
House votes on Boehner's "Plan B"
The White House slammed the plan calling it an "exercise in futility"
"Fiscal cliff" talks could be in trouble
Obama, Boehner trade ultimatums
Obama on GOP: It is very hard for them to say yes to me
President Obama answered questions about his negotiations with Congressional Republicans over solving the country's deficit
Boehner unveils "Plan B" to "fiscal cliff" negotiations
The "Plan B" is a sign that the speaker knows he is running out of time to push the president closer to the republican position
Boehner's "fiscal cliff" offer brings optimism to Capitol Hill
Negotiations on a debt deal are pushing forward at the highest levels
Poll: GOP to blame if "fiscal cliff" talks fail
A majority of Americans, including a third of Republicans, say the GOP would be to blame if Washington can't avert the "fiscal cliff"
Politics
Trump admin. proposes admitting thousands more Afrikaners to U.S. as refugees
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
New York Times sues Pentagon a second time over press access policy
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Who could benefit from Trump's $1.7+ billion "anti-weaponization" fund?
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
The story of Cuba's 1996 shootdown that could lead to Raúl Castro's indictment
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
Trump says he's called off plans for a "scheduled attack of Iran"
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Cuba's leader says country poses "no threat" to U.S. after military drone report
The Trump administration has placed intense pressure on Cuba's communist leadership.
Supreme Court tells lower courts to take new look at 2 voting rights cases
At issue in the cases was who can bring lawsuits in federal court to address potential violations of Section 2 of the Voting Rights Act.
Trump settles IRS lawsuit, sets up $1.7B fund for claims of "weaponization"
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Full transcript of "Face the Nation with Margaret Brennan," May 17, 2026
On this "Face the Nation with Margaret Brennan" broadcast, U.S. Trade Representative Jamieson Greer and Ambassador Alexander Yui, Taiwan's Representative to the U.S., join Margaret Brennan.
Senate GOP revising White House ballroom security funds plan
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
Transcript: Reps. Brian Fitzpatrick and Tom Suozzi on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Reps. Brian Fitzpatrick, Republican of Pennsylvania, and Tom Suozzi, Democrat of New York, that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Taiwan representative to U.S.: "We're not the ones creating all this trouble"
Taiwan's representative to the U.S. Alexander Yui said on Sunday that "we want peace and stability" as Taiwan became among the most closely-watched issues in last week's summit.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with Ambassador Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Transcript: Former Defense Secretary Robert Gates on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with former Defense Secretary Robert Gates that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
Transcript: U.S. Trade Representative Jamieson Greer on "Face the Nation with Margaret Brennan," May 17, 2026
The following is the transcript of the interview with U.S. Trade Representative Jamieson Greer that aired on "Face the Nation with Margaret Brennan" on May 17, 2026.
CBS News poll finds many voice frustration with Trump's economic approach
Gas prices, inflation weigh on Americans. Many see lack of clarity on what's happening in Iran.
Letlow, Fleming advance to runoff in Louisiana GOP Senate primary, CBS News projects
Incumbent GOP Sen. Bill Cassidy, who had occasionally broken with the Trump administration, lost his bid for a third term.
Thousands march in "Unite the Kingdom," far-right rally in central London
Police estimated that around 60,000 people attended the "Unite the Kingdom" march, making it one of the largest right-wing mobilizations seen in Britain in recent years.
U.S.
More U.S.
LIRR strike ends as MTA, unions reach tentative agreement
New York Gov. Kathy Hochul said the MTA and LIRR unions reached "a fair deal" to end the strike after three days.
Florida mother turns to digital couponing as grocery bill soars
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
New York Times sues Pentagon a second time over press access policy
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Who could benefit from Trump's $1.7+ billion "anti-weaponization" fund?
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
MoneyWatch
More MoneyWatch
Florida mother turns to digital couponing as grocery bill soars
With inflation hitting its highest point since 2023, Kiana Powell told CBS News, "I cannot let a deal go to waste if it's something that I am using daily."
Pay for American workers is lagging inflation — again
U.S. wage growth is lagging inflation for the first time since 2023, eroding consumers' purchasing power.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
NextEra Energy to acquire Dominion in a $67 billion utility deal
The combined company will serve about 10 million utility customers across Florida, Virginia, North Carolina and South Carolina.
Is the answer to the housing crunch right in your own backyard?
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home, usually in the backyard, filling a vital need where housing has proved scant or expensive.
Politics
More Politics
Trump admin. proposes admitting thousands more Afrikaners to U.S. as refugees
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
New York Times sues Pentagon a second time over press access policy
The New York Times sued the Defense Department Monday for the second time in recent months over media access.
Massie defiant as Trump seeks to oust him in primary: "I'm going to win"
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Who could benefit from Trump's $1.7+ billion "anti-weaponization" fund?
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
The story of Cuba's 1996 shootdown that could lead to Raúl Castro's indictment
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
HealthWatch
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HealthWatch
Latest on American who contracted Ebola
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Ebola strain in latest outbreak has no vaccine, no treatment
The virus behind the latest Ebola outbreak is the Bundibugyo virus, which is less common and there is no vaccine or treatment.
U.S. announces Ebola-related travel restrictions amid outbreak in Congo, Uganda
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
Inside the "troubled teen" industry, when help sometimes does more harm
A CBS News investigation into youth residential treatment programs finds allegations of abuse, a lack of federal oversight, and families left to navigate a multibillion-dollar industry largely on their own.
World
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Iran more than doubled executions in 2025, global death penalty hit 44-year high
Iran executed more than twice as many people last year as it did in 2024, according to a new report by Amnesty International.
The story of Cuba's 1996 shootdown that could lead to Raúl Castro's indictment
Thirty years ago, a Cuban fighter jet shot down two civilian planes operated by Florida-based exile group Brothers to the Rescue, an incident that inflamed U.S.-Cuba relations.
Trump says he's called off plans for a "scheduled attack of Iran"
President Trump said he received a request from the leaders of Qatar, Saudi Arabia and the United Arab Emirates.
Gunman kills 6, wounds 8 in latest shooting rampage in Turkey
A man armed with a rifle carried out a string of attacks, killing at least six people and wounding eight others, Turkish President Recep Tayyip Erdogan said.
American doctor working in Congo tests positive for Ebola
An American medical missionary in the Democratic Republic of the Congo has a confirmed case of Ebola, and is being taken to Germany for treatment.
Entertainment
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Entertainment
2-time "Survivor" contestant on 50th season
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Hayden Panettiere opens up in new memoir
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
5/17: Sunday Morning "By Design"
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
"Call Her Daddy" podcast host Alex Cooper announces pregnancy
"Call Her Daddy" host Alex Cooper said on Instagram that she and husband Matt Kaplan are expecting their first child.
Director Jon Favreau on "The Mandalorian and Grogu"
Jon Favreau, creator of the "Star Wars" series "The Mandalorian," has now brought the father-son relationship of Pedro Pascal's bounty hunter and his charge "Baby Yoda" to the big screen.
Technology
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Technology
Musk loses lawsuit against OpenAI
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
Musk says he'll appeal OpenAI lawsuit dismissal
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
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.
Jury unanimously dismisses Elon Musk's lawsuit against OpenAI
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Jury to start deliberations in OpenAI trial
A nine-person jury will begin deliberations Monday in Elon Musk's $150 billion civil lawsuit against OpenAI CEO Sam Altman. Rachel Metz, artificial intelligence reporter for Bloomberg, joins with more.
Science
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El Niño could bring "double whammy" of high tide flooding, NOAA warns
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
New dinosaur weighing as much as 9 elephants identified by scientists
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
How a growing El Niño will affect 2026 hurricane season in Atlantic, Pacific
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
Crime
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Crime
Mom reported son missing before mosque attack
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.
Mangione state murder trial: evidence ruling
Luigi Mangione appeared in court on Monday for a pivotal hearing where a judge ruled what items can and cannot be used as evidence in his upcoming state murder trial over the killing of UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was inside the courtroom.
Ruling on evidence in Luigi Mangione case
A judge on Monday ruled a 9 millimeter gun, a silencer and a red notebook allegedly found in the search of Luigi Mangione's possessions can be used as evidence in his state trial for the murder of UnitedHealthcare CEO Brian Thompson in September. Lilia Luciano has more.
Latest on Islamic Center of San Diego shooting
Police say three adults were killed when two shooters opened fire Monday at the Islamic Center of San Diego. Jonathan Vigliotti has more.
Officials: No children hurt in mosque shooting
At least three adults were killed when a pair of gunmen opened fire at the Islamic Center of San Diego on Monday. The two teenage suspects were found dead inside a nearby car, officials say. CBS News' Anna Schecter has the latest.
Space
More Space
SpaceX launches cargo ship to International Space Station
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
NASA maps show Earth's brightest and darkest regions at night
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
From 1996: Cuba shoots down 2 civilian planes
On Feb. 24, 1996, Cuba shot down two civilian aircraft, prompting global outcry. Watch CBS News' coverage of the aftermath.
Full interview: GOP Rep. Thomas Massie
Republican Rep. Thomas Massie is bearing the brunt of the White House in his primary race for Kentucky's 4th Congressional District against Trump-backed Ed Gallrein. Massie spoke with CBS News' Ed O'Keefe a day before the election about the record-breaking spending in his race, his views on Israel, President Trump and more.
Massie facing Trump-backed challenger
Rep. Thomas Massie is facing Trump-backed retired Navy SEAL Ed Gallrein in Tuesday's primary for Kentucky's Fourth Congressional District. CBS News congressional reporter Taurean Small has the latest.
5/18: The Takeout with Major Garrett
Three people were killed in a shooting at the Islamic Center of San Diego; Trump says U.S. won't go forward with scheduled attack on Iran.
Mom reported son missing before mosque attack
Police held a news conference Monday evening to give an update on the deadly shooting at the Islamic Center of San Diego. Authorities say the two suspects killed three others before being found dead in a nearby vehicle.