Biden, Republicans still far apart on raising debt ceiling
Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
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Republicans and Democrats still appear far apart on raising or suspending the debt ceiling. The five leaders are expected to meet again Friday.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
With revenues down 35% so far this year, banks have started moving up their estimates of when the U.S. could hit the so-called X-date
House Speaker Kevin McCarthy unveiled on Wednesday the Republican plan to raise the nation's debt ceiling by $1.5 trillion, but it's tied to massive federal spending cuts. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green to discuss the GOP proposal.
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
The Treasury Department has been using so-called extraordinary measures to keep paying the bills since the government hit the debt limit in January.
In January, Treasury Secretary Janet Yellen sent a letter to congressional leaders telling them the U.S. had hit the $31.4 trillion debt limit.
Here are the options Congress has to avert a first-time U.S. credit default and the severe economic consequences that could follow.
The federal government caps the amount of money it can borrow. But what are the risks if Congress fails to lift the debt limit?
Without congressional action, the U.S. could default as soon as June, she wrote in a letter Friday.
After weeks of partisan wrangling, U.S. lawmakers reached a last-minute deal to avoid a financial crisis, for now, agreeing to pay off America's credit card through early December.
The government shutdown may have ended but there is already concern that another shutdown could happen in just a few months. Congress now faces deadline starting in January to achieve budget and debt ceiling deals.
As the stare down over the government shutdown ends its eighth night in Washington, lawmakers are readying for another fight.
The federal government shutdown is now affecting Minnesota jobs. The state will lay off 105 health department workers immediately, and thousands of other federal workers in the state will face the same fate. And Congress appears to be standing still. According to Congressman Erik Paulsen's office, he skipped out on his own event Monday to head back to Washington to work on ending the shutdown. Some disappointed constituents, like Michael Waring of Edina, said they wanted to talk with him about ending the shutdown - even if it means joining with Democrats to do it.
If you think this past week's fiscal cliff deal puts an end to the partisan grid lock in Washington, guess again.
Pell Grant funding for undergraduate students was preserved in the law to raise the federal debt ceiling, but it was financed by curbs to student loan subsidies that helped graduate students.
President Obama signed into law Tuesday the controversial bill raising the nation's debt ceiling. It didn't come without a bruising political fight, and a few exaggerations.
Minnesota Sens. Amy Klobuchar and Al Franken have voted for emergency legislation allowing the government to borrow more money and avoid a U.S. government default.
A deficit-reduction deal approved by the U.S. House on Monday split Minnesota's representatives, with the plan losing support from the left and right ends of the state's congressional delegation.
To avert a future debt ceiling and budget crisis, Congress has appointed a commission; a group of 12 to hammer out a deal the other 523 members of the House and Senate could not, and did not.
The U.S. Senate and House of Representatives are expected to vote Monday on a deal to raise the debt ceiling and cut the deficit.
Racing the clock to avoid a government default, President Barack Obama and Republican congressional leaders reached historic agreement Sunday night on a compromise to permit vital U.S. borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts.
As politicians in Washington D.C. fight like children in a sandbox that is too small, the nation waits for a deal that will avoid a national default.
By now, most Americans have probably heard the worst-case scenarios with hitting the debt ceiling: a dipping dollar, loan difficulties, a jump in interest rates. So, how likely is a worst-case scenario?
Minnesota Congressman Chip Cravaack has bucked Republican leaders and voted against a House bill to raise the debt ceiling and avoid a government default.
An "active police situation" involving a gun has prompted authorities in Austin, Minnesota, to ask some residents to shelter in place.
Mike Lindell, MyPillow CEO and Republican gubernatorial candidate in Minnesota, is accused of violating campaign laws by giving away pillows promoting his campaign at a July Fourth parade.
A Minnesota ice cream store has been named the best in the country.
Authorities in a northern Twin Cities suburb say they arrested 24 people in "undercover exploitation stings" over the weekend.
President Trump called Tehran "unbelievably duplicitous" on Monday after Iran dismissed his claim that talks with the U.S. were set to restart.
Mike Lindell, MyPillow CEO and Republican gubernatorial candidate in Minnesota, is accused of violating campaign laws by giving away pillows promoting his campaign at a July Fourth parade.
A Minnesota ice cream store has been named the best in the country.
Authorities in a northern Twin Cities suburb say they arrested 24 people in "undercover exploitation stings" over the weekend.
Vance Boelter, the man who was federally sentenced to two life terms and an additional 40 years for killing a Minnesota lawmaker and her husband, will make his first appearance in state court on Monday afternoon.
The break-in attempts have caused tens of thousands of dollars in damage to doors and windows, and are raising concerns about safety for parishioners, Spencer Howe said.
An "active police situation" involving a gun has prompted authorities in Austin, Minnesota, to ask some residents to shelter in place.
Mike Lindell, MyPillow CEO and Republican gubernatorial candidate in Minnesota, is accused of violating campaign laws by giving away pillows promoting his campaign at a July Fourth parade.
Police north of the Twin Cities are investigating a crash that seriously injured a Minnesota State Patrol trooper and another driver Sunday afternoon.
Officers observed a 3-foot-long, 5-inch-wide piece of thick, clear plastic set in the grass next to the man's residence, which abuts Goodview Park. Approximately 40 3-inch screws were sticking up from the plastic, with each screw placed about an inch apart.
A Rochester, Minnesota, woman who was found guilty of disorderly conduct after she called a child racial slurs at a playground is appealing the jury's decision, according to a court document filed Thursday.
Two people were injured when a small plane crashed in western Wisconsin early Sunday afternoon, according to authorities.
According to the Eau Claire Fire Department, Bryce Jungbluth, 27, suffered a medical emergency after his shift on July 26.
A judge sided with the Wisconsin Elections Commission Wednesday, ruling that state law does not allow absentee voters to change their ballot after it has been returned — a setback for Democrats amid a scrambled governor's primary field.
Barnes withdrew from the Democratic primary less than two weeks before the Aug. 11 election, on the same day a newspaper reported it had asked him about allegations of inappropriate behavior reviewed by the state party.
Passing trains and scenic bluffs are a big part of Buffalo County, Wisconsin, but in the middle of it all is a garden where creativity and flowers grow together, all courtesy of a man named Herman Rusch.
After officials in Minnesota's capital city announced they would shut down encampments for those experiencing homelessness, the City Council approved more than $1 million to expand capacity at local shelters.
The city of St. Paul, Minnesota, is taking a stand and closing encampments amid growing concerns.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
Tucked away in the Midway neighborhood in St. Paul is a community treasure many have come to love and respect.
What started as a small fundraiser following one of Joe's surgeries at Gillette Children's has grown into a community tradition that has raised nearly $100,000 for the hospital.
Mike Lindell, MyPillow CEO and Republican gubernatorial candidate in Minnesota, is accused of violating campaign laws by giving away pillows promoting his campaign at a July Fourth parade.
Vance Boelter, the man who was federally sentenced to two life terms and an additional 40 years for killing a Minnesota lawmaker and her husband, will make his first appearance in state court on Monday afternoon.
The man responsible for the lawmaker attacks last summer will already spend life in prison, But that is not stopping the state from having its day in court.
Minnesota's ban on AI "nudification" became law and Elon Musk isn't happy about it. He is suing the State of Minnesota, claiming the law violates free speech laws.
In a marquee WNBA showdown in Minneapolis, politics took center stage.
Get ready to watch movies and television with clarity like never before. That's how industry experts are describing the latest TV technology now on sale exclusively at Best Buy.
A lottery player in Minnesota won a jackpot of more than $34 million last week, a record for the Lotto America game in the state.
The lawsuit accuses Loon of using "kid-friendly characters" to promote its vapes in flavors such as Cotton Candy, Strawberry Popsicle, Banana Taffy and Blue Razz Slushy.
A Wisconsin family lost their ten-month-old daughter after she swallowed a water bead. They blame Target and the water bead manufacturer for her death.
For many Minnesotans, the road to the Fourth of July starts with a short drive across the St. Croix River to Wisconsin to stock up on fireworks. The kinds of pyrotechnics that can be legally ignited in Minnesota might be surprising.
An "active police situation" involving a gun has prompted authorities in Austin, Minnesota, to ask some residents to shelter in place.
Authorities in a northern Twin Cities suburb say they arrested 24 people in "undercover exploitation stings" over the weekend.
Vance Boelter, the man who was federally sentenced to two life terms and an additional 40 years for killing a Minnesota lawmaker and her husband, will make his first appearance in state court on Monday afternoon.
The break-in attempts have caused tens of thousands of dollars in damage to doors and windows, and are raising concerns about safety for parishioners, Spencer Howe said.
Officers observed a 3-foot-long, 5-inch-wide piece of thick, clear plastic set in the grass next to the man's residence, which abuts Goodview Park. Approximately 40 3-inch screws were sticking up from the plastic, with each screw placed about an inch apart.
Researchers are studying whether GLP-1s could help veterans living with alcohol use disorder. The Minneapolis VA Health Care System is one of 18 VA sites across the United States participating in the new clinical trial testing semaglutide as a potential treatment for AUD.
Since May, more than 11,000 cases of illness caused by the parasite cyclospora have been reported in 41 states. This comes after the Trump administration drastically cut FDA and CDC staff, prompting one expert to call this summer's outbreaks "a national wake-up call."
The CDC will not renew a federal grant that provided the Aliveness Project roughly $450,000 a year for HIV testing, PrEP referrals and community outreach across Minnesota.
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
There are new accusations surrounding pollution problems at a battery recycling plant in Minnesota. An attorney says lead migration from Gopher Resource in Eagan poisoned some kids connected to workers.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
WWE's SummerSlam will have two nights of bouts and matches inside U.S. Bank Stadium on Saturday and Sunday. But before that, SummerSlam is setting up shop inside the Minneapolis Convention Center.
It's another action-packed weekend in Minnesota, with wrestling, county fairs, beagle races and more on the schedule.
Academy Award-winning Irish singer-songwriter Glen Hansard has died in a motorcycle crash.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Rookie Olivia Miles spearheaded an efficient offense with 28 points, Courtney Williams added 27, and the Minnesota Lynx won their 10th-straight game with a 108-100 win over the Indiana Fever.
A crowd of supporters and critics of Indiana guard Sophie Cunningham's stance on transgender participation in women's sports gathered around and inside Target Center as the Fever faced the Lynx in Minnesota.
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Randy Arozarena scored in the ninth inning on a groundout to first base from Cal Raleigh, and the Seattle Mariners snapped a three-game losing streak with a 4-3 victory over the Minnesota Twins on Saturday.
Anders Dreyer scored from the penalty spot in the 64th minute as San Diego FC drew Minnesota United 1-1 on Saturday.
Kelci Stringer has made a life mission out of heat safety after her husband Korey Stringer died in 2001 from heat stroke suffered during training camp in Minnesota.
Minnesota's ban on AI "nudification" became law and Elon Musk isn't happy about it. He is suing the State of Minnesota, claiming the law violates free speech laws.
While the law is in effect, this issue is not over. The judge has set a preliminary injunction hearing for Aug. 19.
Earlier this month, Ramsey County Sheriff Bob Fletcher prompted backlash when he said the Twin Cities has a Somali youth gang violence problem. Among his critics: Minneapolis City Council Vice President Jamal Osman.
Earlier this month, Ramsey County Sheriff Bob Fletcher prompted backlash when he said the Twin Cities has a Somali youth gang violence problem. Fletcher played videos of what he said were Somali gunfights at a July 7 news conference and on his "Live on Patrol" Facebook page, which has over 140,000 followers.
In the past few years, one of Minnesota's fiercest primary battles has been in the 5th Congressional District, which has been held since 2018 by Rep. Ilhan Omar.
Passing trains and scenic bluffs are a big part of Buffalo County, Wisconsin, but in the middle of it all is a garden where creativity and flowers grow together, all courtesy of a man named Herman Rusch.
Thousands of pictures of Split Rock Lighthouse are taken each year. And oftentimes a little island appears in those photos. Ellingsen Island has developed a following of its own.
There's a scenic, nearly century-old spot in St. Cloud, Minnesota, where right now you'll find thousands of flowers in bloom.
Baseball fans might remember the Metrodome's iconic blue seats, and now in Atwater, Minnesota, spectators can once again grab a blue seat and watch a game.
It's a lake cruise in the middle of town, and there's more than pelicans on the Pelican Breeze tour in Albert Lea, Minnesota.
Minnesotans have become quite familiar with drought in recent years. Not only how it affects the water supply, but also the rules that can come with it.
The issue is a major talking point ahead of the midterm elections. Do gas prices actually impact elections?
The U.S. House just voted to make daylight saving time permanent. In Good Question, Jeff Wagner explains how that could impact Minnesota and why our last attempt at getting rid of it failed.
Get ready to watch movies and television with clarity like never before. That's how industry experts are describing the latest TV technology now on sale exclusively at Best Buy.
When you get home from work in the evening, your first thought may be dinner. You might fire up the stove or oven, you could also start a load of laundry. Not long after that, you're running the dishwasher. You may think you're being efficient, but your house during this heat wave disagrees.
The Minnesota State Fair has unveiled its new foods for 2026.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Minnesotans got a great view of the northern lights Tuesday night.
A look at the newest addition to the polar bear population at St. Paul, Minnesota's Como Zoo.
From food shelves to school programs, our team is proud to serve where it matters most.
Monday will top out in the upper 80s with a feels-like around 90, WCCO meteorologist Adam Del Rosso reports.
In Minnesota, weather can be all over the place. Here at WCCO, we want to give you what you need to prepare for what's happening next.
An approaching cold front will bring breezy winds to the Twin Cities on Monday, while other parts of the state could see severe storms.
An approaching cold front will bring breezy winds to the Twin Cities on Monday, while other parts of the state could see severe storms.
An approaching cold front will bring some minor changes to the Twin Cites on Monday, including breezy winds.
Chef Marques Miller of Lancer Hospitality is the creator of the Korean BBQ Bao Buns, one of the new food offerings at this year's Minnesota State Fair.
Jayar Young, founder of the Greater Twin Cities African American Basketball Hall of Fame, discusses the first inductees ahead of Saturday's inaugural ceremony in Minneapolis.
Lauren Falesnik, with GILi Guise, shares some of this year's back-to-school fashion inspirations, as she wrangles two hilariously distracted models.
Monday will top out in the upper 80s with a feels-like around 90, WCCO meteorologist Adam Del Rosso reports.
Congratulations to Cup and Cone for being named America's best ice cream!