CBO report: U.S. could default as soon as July if debt limit isn't addressed
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.
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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.
President Biden claims GOP policies would add $3 trillion to the national debt.
The treasury secretary warned household payments on mortgages and auto loans would go up, and other payments to military families and seniors would not be made.
The six Chinese entities are said by the U.S. to be linked to Beijing's aerospace programs.
Each year, the president traditionally sits down for a news interview with the network broadcasting the Super Bowl.
Vice President Kamala Harris is on her way to Minnesota to discuss jobs the Biden administration says were created by its investments in electric vehicles.
Biden's calls for bipartisanship comes as a new CBS News poll released Tuesday showed many Americans are still anxious about inflation and the economy.
President Biden's 2023 address was filled with claims about the economy, health insurance and more. CBS News fact checked some of his statements.
CBS News polling finds Americans with largely dour assessments of the state of the union, as President Biden prepares to deliver his State of the Union address Tuesday.
The Pentagon assesses that the balloon was up to 200 feet tall and generated a sizable debris field after its destruction.
Americans want compromise. The prospect of default impacts views.
New Hampshire's place in the process is still an open question, after state Democrats say they could skip the line.
Author Jon Meacham, chief White House speechwriter Vinay Reddy and longtime aides Anita Dunn, Bruce Reed and Mike Donilon will join Biden.
President Biden addressed the Democratic National Committee's winter meeting in Philadelphia.
Secretary of State Antony Blinken has postponed a planned high-stakes weekend diplomatic trip to China.
President Biden "agreed to cooperate" with the FBI search at his Delaware vacation home, his personal attorney said.
Rep. Jim Jordan sent a letter earlier this month to Attorney General Merrick Garland asking for documents and underlying evidence in the appointment of the special counsel.
Republicans see different treatment for President Biden than for Trump.
Little is known about the team of attorneys representing Biden in the matter of the classified documents found at his office in the Penn Biden Center and at his home.
Bob Bauer, a personal attorney for Mr. Biden, said the search lasted about 13 hours.
"Can we truly be free if families cannot make intimate decisions about the course of their own lives?" Harris said in a fiery speech before a crowd of 1,500 people in Florida.
"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote to congressional leaders.
"This has always, always been our plan. State of the Union first, candidate later," a source with knowledge of the ongoing planning confirmed.
President Joe Biden has made a historical pilgrimage to what he calls "America's freedom church" to mark Martin Luther King Jr.'s birthday.
A White House lawyer said that a total of six pages of documents marked as classified were found during a search of President Biden's private library.
