Debt ceiling deal: What's it all about?
CBS News Congressional correspondent Nancy Cordes reports from Capitol Hill and explains what's in the debt ceiling deal.
America's Debt Battle
Possible defense cuts: McCain would "swallow hard"
Erica Hill talks to Sen. John McCain (R-Ariz.) about the debt ceiling deal and the compromises involved.
Plouffe: "These were tough negotiations"
Erica Hill talks to White House Senior Adviser David Plouffe, about the debt ceiling deal.
Reid gives approval on debt deal
Democratic leader Harry Reid gave his approval on a debt deal and senators were told to stay close for a possible vote. Nancy Cordes reports on the latest details.
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.
Obama back at center of debt negotiations
President Obama is back at the center of negotiations to cut a debt limit deal before the Aug. 2 deadline. Bill Plante reports on Mr. Obama's position in the ongoing budget battle.
Schumer: Equal cuts decisive in debt deal
Sen. Charles Schumer (D-NY) spoke with Bob Scheiffer on the chances democrats will pass the debt deal the GOP is working on with the White House.
Ben Stein blames debt crisis on careless people
Ben Stein puts the blame of the debt ceiling crisis on "a stupendous pileup of immensely careless people who have been heading for trouble for a decade now."
McConnell: Debt deal within reach
Senate Minority Leader Mitch McConnell (R-Ky.) spoke with Bob Schieffer on how a deal between the White House and the GOP to raise the U.S. debt ceiling is in the works and very close to completion.
Who get's paid if U.S. defaults?
For every dollar America owes, it only brings in 60 cents. That means 40 percent of the bills wouldn't get paid if the U.S. goes into default. So, who would still get paid and who would be out of luck? Sharyl Attkisson reports.
In Focus: America's financial fallout
Russ Mitchell speaks with Sean Egan, founding principal of independent credit rating firm Egan-Jones, about America's financial fallout and the economic outlook going forward.
McConnell "confident" in bipartisan debt deal
In the first positive sign in many days, Republican Senate Leader Mitch McConnell said he had spoken to the president and the vice president and that he was "confident" that a bipartisan debt deal was close at hand, reports Nancy Cordes.
House freshman GOP explain their debt stance
In Full: CBS News political correspondent Jan Crawford interviews four freshman Republican Representatives from South Carolina - Trey Gowdy, Tim Scott, Mick Mulvaney and Jeff Ducan - about what their looking for in debt solution and their refusal to compromise.
Obama warns lawmakers over partisan politics
President Obama issued a strong warning to lawmakers that the time is over for putting party first, saying "any debt solution to avoid default must be bipartisan." Norah O'Donnell reports on the president's plan in the race against the clock.
Boehner adds amendment, passes debt bill
House Speaker John Boehner added to his deficit reduction bill a requirement that Congress vote on and pass a constitutional amendment to balance the budget as a condition for raising the debt ceiling in the future. But, as Nancy Cordes reports, it's a measure guaranteed to kill the bill in the Senate.
Debt ceiling creating uncertain economic future
U.S. economic growth has slowed to a near standstill. And, as Washington argues over the debt ceiling, America's economic future is hanging in the balance, reports Anthony Mason.
House freshman GOP blocking debt compromise
From the beginning, freshman Republican members of the House have been the biggest problem in reaching a compromise on raising the debt ceiling. Jan Crawford finds out who they are and what is motivating them.
What does compromise mean to the White House?
Senior White House correspondent Norah O'Donnell asked White House Press Secretary Jay Carney, if the President Obama only expects the GOP to compromise.
Reid: Extremists holding Congress, WH hostage
As the debt clock ticks closer to default, Sen. Harry Reid (D-Nev.) said Friday it's time to act and release Congress from the grip of right-wing extremists.
Obama worried about debt and Malia's driving
President Obama joked about his daughter soon earning her driver's permit, during a speech Friday, where President Obama announced a proposal to improve fuel standards for 2017-2025 model year vehicles.
Sen. Conrad: Washington "kabuki" stalling debt deal
In an interview with CBS News Thursday, Sen. Kent Conrad (D-N.D.) said sometimes you have "gridlock before breakthrough."
Obama: We're almost out of time
With four days left before the United States could possibly default on its debt, President Obama on Friday delivered another speech urging Congress to work together to get a deal done, or face certain economic doom.
The debt crisis stalemate and your kids
CBS News national correspondent Chip Reid looks at one family and the message that the Congressional stalemate is sending to the next generation.
Ryan: Let's pass bill to cover moon with yogurt
Rep. Paul Ryan (R-Wisc.) on Thursday lashed out against plans to cut funds from defense spending.
Debt clock ticks, Sen. Reid moves ahead with his own plan
This morning, Senate Majority Leader Harry Reid (D-Nev.) on Friday announced he is moving forward with his own legislation. He asked the GOP to break away from the Tea Party and return to the party of Ronald Reagan.
Politics
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Who is Erica Knight, the FBI's so-called "Kash Whisperer?"
An FBI media adviser has emerged as one of Kash Patel's fiercest public defenders and promoters of the bureau under his leadership.
Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Kennedy Center Board votes for new name to be Trump-Kennedy Center, White House says
White House press secretary Karoline Leavitt said the Kennedy Center's Board of Trustees voted unanimously to change its name.
Democrats push for last-minute vote on expiring health care subsidies
House Democrats called for GOP leaders to hold a last-minute vote on extending the enhanced Affordable Care Act tax credits Thursday.
Witkoff to meet with Kremlin envoy in Miami on U.S. peace plan for Ukraine
A U.S. official says a Kremlin envoy will travel to Florida to discuss a U.S.-proposed plan to end the war in Ukraine.
House Democrats release 68 more photos from Epstein estate
Democrats on the House Oversight Committee have released a new batch of 68 photos obtained from Jeffrey Epstein's estate. Follow live updates here.
Exclusive
N.C. Republicans redrew a GOP district. A Democrat is looking to take advantage.
North Carolina was among the GOP-led states this year that redrew congressional lines mid-decade in an attempt to benefit Republicans.
D.C.'s homeless hide in plain sight, growing sicker and costing taxpayers more
The White House says encampment sweeps have enhanced the capital, but city leaders estimate nearly 700 homeless people roam by day and bed down outdoors by night.
U.S. strikes another alleged drug boat in Eastern Pacific, killing 4, Pentagon says
The U.S. military says it has conducted 26 strikes on alleged drug-trafficking vessels in the Eastern Pacific or Caribbean since early September, killing at least 99 people.
Trump claims he's brought down prices, touts military bonuses in year-end address
President Trump's speech Wednesday night looked back on his first year and ahead to the next three. He touted new military bonuses, his tariffs and economic policies in a brief address.
Ghislaine Maxwell asks court to toss out her conviction
Ghislaine Maxwell asked a federal judge on Wednesday to vacate her 2021 conviction on sex trafficking charges, just two days before the federal government is expected to release a massive trove of documents on Jeffrey Epstein.
Judge blocks ICE from requiring lawmakers to provide notice before jail visits
A federal judge temporarily blocked a Trump administration policy that sought to require members of Congress to submit requests a week before visiting ICE detention facilities.
U.S. government lawsuit accuses Virgin Islands of obstructing Americans' gun rights
A Second Amendment clash has erupted between the federal government and the U.S. Virgin Islands.
Poll: Americans say holidays are costing them more, some are scaling back
Negative views of the nation's economy persist as 2025 draws to a close.
Dan Bongino leaving post as FBI deputy director next month
FBI Deputy Director Dan Bongino will be leaving his role in January, he announced in a social media post on Wednesday.
Exclusive
Over a dozen Navy SEALs disciplined for racist memes earlier this year
Military investigators found more than a dozen Navy SEALs had been in a group chat containing racist memes targeting a Black SEAL.
Trump installs partisan plaques for past presidents at White House
President Trump added plaques with disparaging comments about Biden and Obama on a "Presidential Walk of Fame" at the White House.
Trump signs order to reclassify marijuana as Schedule III drug
President Trump signed an order to reschedule marijuana to a lower drug classification, one of the most significant changes to drug policy in decades.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
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Brown and MIT manhunt live updates as sources say shootings may be linked
Authorities have issued an arrest warrant for a person of interest in the deadly shooting at Brown University.
This week on "Sunday Morning" (Dec. 21)
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Jelly Roll pardoned by Tennessee governor for robbery, drug convictions
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Tren de Aragua leader known as "The Unspeakable" charged in U.S. federal court
Federal prosecutors allege Hector Rusthenford Guerrero, 42, grew Tren de Aragua from a prison gang to a global crime syndicate.
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
MoneyWatch
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TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Trump announces "warrior dividend" for military. Here's what to know.
The president announced the one-time payments during his White House address on Wednesday. Here's what to know about timing, taxes and more.
Small businesses face affordability crunch as tariff and other costs rise
Some small business owners say they're struggling to stay afloat because of higher tariff, health insurance and energy costs.
CPI report shows the inflation rate rose at a 2.7% pace in November
Economists had expected CPI to rise at an annual rate of 3% last month.
Politics
More Politics
TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Who is Erica Knight, the FBI's so-called "Kash Whisperer?"
An FBI media adviser has emerged as one of Kash Patel's fiercest public defenders and promoters of the bureau under his leadership.
Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Kennedy Center Board votes for new name to be Trump-Kennedy Center, White House says
White House press secretary Karoline Leavitt said the Kennedy Center's Board of Trustees voted unanimously to change its name.
Democrats push for last-minute vote on expiring health care subsidies
House Democrats called for GOP leaders to hold a last-minute vote on extending the enhanced Affordable Care Act tax credits Thursday.
HealthWatch
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Trump administration unveils proposals to cut off transgender care for minors
The proposals run counter to the recommendations of most major U.S. medical organizations.
Measles outbreaks worsen in South Carolina, Arizona and Utah
Nationally, the measles case count is nearing 2,000 for a disease that has been considered eliminated in the U.S. since 2000, a result of routine childhood vaccinations.
He made his brothers see a cardiologist. Each had advanced heart disease.
Kevin Murray was his family's health watchdog. His vigilance helped his brothers "avoid a real catastrophe."
Millions of Americans could see health plan costs double as ACA credits vanish
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
Vaccine vote signals turbulence for immunization policy, public trust
Clinicians and epidemiologists warn the decision could unravel decades of progress and expose newborns to a deadly, preventable disease.
World
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TikTok signs deal for sale of U.S. operations to American investors
TikTok's China-based parent company ByteDance must sever ties with TikTok or lose access to U.S. app stores and web-hosting services
Witkoff to meet with Kremlin envoy in Miami on U.S. peace plan for Ukraine
A U.S. official says a Kremlin envoy will travel to Florida to discuss a U.S.-proposed plan to end the war in Ukraine.
Texas rabbi shot trying to help faces long recovery after Australia attack
As the youngest Bondi Beach shooting victim is mourned, a Texas couple tell CBS News about their "quick thinking" son's bid to intervene, and his road to recovery.
Teen inmate captured weeks after escaping prison with bedsheets
The inmate and another detainee fled an overcrowded jail after sawing through their cell bars with blades that investigators suspect were delivered by drone.
China fumes as White House announces record $10B in arms sales to Taiwan
The Trump administration's announcement of plan to sell Taiwan a record $10 billion worth of weapons draws an angry response from China.
Entertainment
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Jelly Roll pardoned by Tennessee governor for robbery, drug convictions
Jelly Roll had said a pardon would make it easier for him to travel internationally for concert tours and to perform Christian missionary work without requiring burdensome paperwork.
Gloria Gaynor on how "I Will Survive" empowered her through a dark time
Gloria Gaynor told "CBS Mornings" her hit 1978 song gave her hope during one of the most difficult periods of her life.
Neil Patrick Harris talks new game show
Neil Patrick Harris says he's always loved game shows. He talks to "CBS Mornings" about how his passion started during his childhood and what it's like now hosting his own game show, "What's in the Box."
How Gloria Gaynor became the queen of disco
Gloria Gaynor's 1978 hit "I Will Survive" has been a motivational anthem for decades. The "Queen of Disco," a 2025 Kennedy Center Honoree, spoke to "CBS Mornings" about how the iconic song changed her outlook on life.
What the Oscars' move to YouTube means for TV
Starting in 2029, the Oscars ceremony is moving to YouTube, representing a new era for the awards show, which has seen a steep decline in viewership in recent years. Kelly O'Grady has more.
Technology
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Instacart to pay $60M in refunds over allegations it deceived customers
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
Helping teens develop healthy phone habits
Helping teens develop healthy habits around social media use and screen time is important when they first receive a smartphone. Pediatric psychologist Ann-Louise Lockhart, an Instagram brand spokesperson and author of the new book "Love the Teen You Have," joins "CBS Mornings" to share some advice and tools, such as Instagram Teen Accounts, that parents can use to help their teens. For more information on Instagram Teen Accounts, visit familycenter.meta.com. (Sponsored by Instagram)
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.
How artificial intelligence grew in 2025
In 2025, the integration of artificial intelligence into the U.S. economy and people's everyday lives grew to historic levels. CBS News senior business and technology correspondent Jo Ling Kent joins to recap how the transformative technology expanded over the past year, and what we can expect in 2026.
OpenAI, Amazon in talks over $10B investment
OpenAI, the developer for ChatGPT, and Amazon are in talks over a possible $10 billion investment. Mark DeCambre, editor-in-chief for MarketWatch, joins with more.
Science
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Major climate research center on Trump administration chopping block
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
Researchers capture video of rare polar bear adoption
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Brown and MIT manhunt live updates as sources say shootings may be linked
Authorities have issued an arrest warrant for a person of interest in the deadly shooting at Brown University.
Arrest warrant for Brown shooting suspect
An arrest warrant has been issued in the Brown University shooting, sources say. CBS News' Katrina Kaufman has more.
Tren de Aragua leader known as "The Unspeakable" charged in U.S. federal court
Federal prosecutors allege Hector Rusthenford Guerrero, 42, grew Tren de Aragua from a prison gang to a global crime syndicate.
Cops probing connection between Brown, MIT shootings
Law enforcement is investigating possible connections between the mass shooting at Brown University on Saturday afternoon and the targeted killing of an MIT professor two days later, sources tell CBS News. CBS News' Anna Schecter reports and former Suffolk County Police Commissioner Rodney Harrison joins with analysis.
Half of $18B paid out by Medicaid in MN may be fraudulent, official says
About half or more of the roughly $18 billion in claims paid out by Medicaid to Minnesota-run programs may have been fraudulent, and at least 14 programs were likely exploited, a federal prosecutor said Thursday.
Space
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Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
"Wet lava ball" exoplanet may have an atmosphere, evidence shows
Super-Earth TOI-561b is about 40 times closer to its host star than Mercury is to the sun.
NASA says Maven spacecraft that was orbiting Mars has gone silent
NASA has lost contact with a spacecraft that's been orbiting Mars for more than a decade.
Black hole spotted blasting winds at 130 million miles per hour
The European Space Agency said that the black hole inside the spiral galaxy NGC 3783 has the mass of 30 million suns.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
"Son of Sam": A serial killer's reign of terror
Calling himself the "Son of Sam" in a letter left at one of the crime scenes, David Berkowitz claimed voices were ordering him to kill -- starting in the summer of 1976, he went on a 13-month spree of impulse killings in New York City that left six dead and seven injured
Latest CBS News Videos
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The Uplift: Made with love
Visit a Uyghur restaurant in Southern California, where culture is shared and the food is made with love. Plus, a man who wanted to save his friends life by donating a kidney ends up saving his own life.
Rep. Julie Johnson on her race for reelection
Rep. Jasmine Crokett's Senate bid has sent fellow Democrat Colin Allred out of that race and into a challenge with incumbent Rep. Julie Johnson, also a Democrat, for Texas' 33rd congressional district. Johnson joined CBS News to discuss.
Jared Isaacman on his road to NASA administrator
Jared Isaacman, the new NASA administrator, joins CBS News to discuss his plans for the agency and his long path to confirmation.
GOP Rep. Ryan Mackenzie on health care
The House on Wednesday night narrowly passed a Republican-backed health care bill that does not extend the expiring ACA tax credits. Pennsylvania Republican Rep. Ryan Mackenzie joined CBS News to discuss.
Inside Trump's order reclassifying marijuana
President Trump on Thursday signed an executive order to reclassify marijuana as a Schedule III drug. CBS News White House reporter Aaron Navarro has more on that and the president's year-end address from Wednesday night.