Millions of kids could lose the Child Tax Credit under GOP budget bill
Republican tax bill requires both parents to have a Social Security number to qualify for the Child Tax Credit, a policy shift that would make millions of kids ineligible.
Child Tax Credit
Walz and Vance address child care concerns
During Tuesday's VP debate, CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance about how their administrations would approach child care issues, the paid family leave model and more.
Walz, Vance lay out campaigns' economic plans
The Wharton School says Harris and Trump campaigns' economic proposals would increase the national deficit. "CBS Evening News" anchor and managing editor Norah O'Donnell asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance how they would pay for the plans without ballooning the deficit.
Why boosting the Child Tax Credit has become a key issue for Harris, Trump
Government figures show it now costs more than $300,000 to raise a child from birth to age 18.
Harris and Trump push for Child Tax Credit hike
Government figures show it now costs more than $300,000 to raise a child from birth to age 18. Since 1997, the federal child tax credit has been helping parents save a little bit of that money. Now, both the Harris and Trump campaigns are proposing supersized versions of the tax break. Nancy Cordes reports.
Here's what to know about Harris' plan for a $6,000 newborn credit
Harris also wants to restore the pandemic's expanded Child Tax Credit. That could help millions of families, but cost $1.6 trillion.
Kamala Harris' economy plan details
Vice President Kamala Harris rolled out her plan to address specific economic policies Friday while campaigning in Raleigh, North Carolina. Her proposals include subsidizing low-wage workers and families with children. Harris also proposed some benefits for first-time homebuyers. CBS News' Nancy Cordes reports and David Wessel, a senior fellow in economic studies at Brookings, breaks down how economists may view some of the proposals.
Kamala Harris unveiling economic plan
Vice President Kamala Harris will lay out the details of her economic plan and proposed policies if she is elected president in November. CBS News chief White House correspondent Nancy Cordes previews the campaign event in Raleigh, North Carolina.
JD Vance wants a $5,000 Child Tax Credit. Here's what to know.
Senator JD Vance says he wants to boost the Child Tax Credit to $5,000 from its current $2,000. But that could come with a big price tag.
Vance calls for Child Tax Credit increase
Sen. JD Vance suggested on "Face the Nation" that he'd like to see the Child Tax Credit increased to $5,000. CBS News congressional correspondent Nikole Killion has more on Vance's proposal, which comes after he skipped a failed Senate vote on expanding the benefit earlier this month.
Child Tax Credit could be expanded
In today's MoneyWatch, a potential game-changer for parents: Congress is considering a significant expansion of the child tax credit, which could mean increased savings or larger tax refunds for families. CBS News business analyst Jill Schlesinger has more.
Senate fails to advance major tax bill that would expand Child Tax Credit
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
Tax Day is here, but the expanded Child Tax Credit hasn't materialized
After passing easily in the House, a bill that would have expanded the CTC is stalled in the Senate. Here's what to know.
House approves Child Tax Credit expansion. Here's who could benefit.
The Child Tax Credit is one step closer to getting a major expansion, potentially putting more money in parents' pockets.
Economy outgrew expectations in 4th quarter
The U.S. GDP grew at a faster rate than expected in the fourth quarter of 2023, increasing at a 3.3% annualized rate. CBS News business analyst Jill Schlesinger has more on the numbers, as well as possible changes to the child tax credit.
Child tax credit expansion deal reached
The 2021 child tax credit expansion positively impacted poverty rates in the United States during the pandemic. CBS News' Lana Zak is looking at the new benefits behind a proposed plan expansion, which would incrementally increase funds for qualified parents.
Here's who would benefit from new deal to expand the Child Tax Credit
One analysis said bipartisan deal in Congress would boost the tax credit for 16 million children, lifting some out of poverty.
Expert tips on preparing for next tax season
Tax season comes to a close Tuesday. Thomas Godwin, an assistant professor of accounting at Purdue University, joins Elaine Quijano and Michael George to look ahead to next year's tax season and offer advice on how Americans can begin planning for it.
Tips for last-minute tax filers
The deadline to submit your taxes is Tuesday. Mark Steber, a senior vice president and chief tax information officer at Jackson Hewitt Tax Service, joined "CBS News Mornings" with tips for last-minute filers and advice for making the process go as smoothly as possible.
Explaining the Child Tax Credit
Pratik Patel, the head of Family Wealth Strategies for BMO Family Office, joins CBS News' Lilia Luciano and Lana Zak to discuss the Child Tax Credit. He explains who qualifies, who doesn't, and how it could impact your tax refund.
Here's what to know if you haven't filed your tax return yet
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
Americans may get a tax refund shock this year
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
Why some Americans may get a smaller tax refund this year
"A lot of people will get their refunds and they won't get as much as anticipated," one expert said as tax season kicks off.
9 million people have one day to claim U.S. stimulus checks
IRS officials say 9 million Americans are still eligible for stimulus aid, but clock is ticking to claim funds.
11/15: CBSN AM
COVID cases and hospitalizations rising again in U.S.; Future of enhanced child tax credit up in the air
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Live
Iran says strait won't open until the U.S. "corrects" behavior
The United Arab Emirates' Abu Dhabi National Oil Company said one of its ships was targeted while transiting the strait on Saturday.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Girl dies from injuries after school shooting in Thailand as death toll rises
Five school staff members died in the shooting outside Bangkok. The shooter also appeared to have killed his two grandparents.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
U.S.
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Video shows Alabama deputies wrangling a 1,500-pound runaway bull
The Pickens County Sheriff's Office said that after "a few slips and falls," the bull was back in custody without any injury.
Powerball grows to highest jackpot of the year
The total is also the eighth-largest Powerball jackpot in the game's history.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
MoneyWatch
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A quandary for the Fed: Dealing with hot inflation and cool job growth
A sudden slump in hiring has dramatically changed the outlook for the Federal Reserve's September interest rate decision.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Americans got their biggest raises in 40 years. Inflation took most of it.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
Warren presses U.S. companies to share tariff refunds with customers
Companies receiving billions in refunds for U.S. tariffs struck down by the Supreme Court should return money to consumers, Sen. Elizabeth Warren said.
Politics
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Hawaii Rep. Ed Case faces primary challenger and more to watch in today's races
Democratic incumbents in safe districts in New York and Colorado have been ousted so far this year by primary challengers.
Senate confirms Todd Blanche, Trump's ex-defense lawyer, as attorney general
In a narrow 50-49 vote, President Trump's former defense lawyer was confirmed as attorney general in a vote early Saturday.
Senate approves bill to fund government into December
The measure was approved in a 90 to 6 vote and now goes to the House.
Pentagon revokes security clearance of former Air Force chief
The Pentagon alleged that former U.S. Air Force Secretary Frank Kendall disclosed sensitive information about Air Force One's capabilities to the media.
U.S. intel agencies warn Putin could test NATO by authorizing provocative actions
U.S. intelligence assessments indicate Russia could be increasingly willing to authorize provocative actions on NATO territory, with a goal of testing the alliance, U.S. officials said.
HealthWatch
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HealthWatch
Handling health expenses in retirement
Some older Americans find themselves at a loss when it comes to managing healthcare expenses after retirement starts. Jill Schlesinger has tips on how to stay healthy after retiring.
Man has "miracle" recovery after heart defect causes rare massive stroke
One year after a massive stroke nearly incapacitated him, Todd Meiklejohn is opening up about his experience.
"Pink flags" of postpartum psychosis — and more takeaways from "Healthful"
Perinatal psychiatrist Dr. Uruj Kamal Haider and Kriti Lodha joined a special edition of "Healthful" to talk more about mental health conditions, including postpartum psychosis.
The Truth About Postpartum Psychosis
The issue of postpartum psychosis has come to the forefront amid the murder trial of Lindsay Clancy, the 35-year-old mother accused of killing her three children. What are the signs of a mental break, and is the healthcare system failing mothers? In this special episode of Healthful, Norah speaks with Dr. Uruj Kamal Haider, a perinatal psychiatrist who has treated patients with the rare and severe mental health emergency. She also speaks with Kriti Lodha, a postpartum psychosis survivor who has made it her mission to help other mothers.
Flesh-eating bacteria has killed 5 in Louisiana this year, officials say
A flesh-eating bacteria found in warm coastal waters is responsible for at least five deaths so far this year in Louisiana, state health officials reported Thursday.
World
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Costa Rica's newly discovered "coffee frog" faces risks from farm pesticides
Measuring less than 4 centimeters and known as the "spring frog," the dark green-spotted amphibians were observed in San Lorenzo de Tarrazu.
Drones spotted over German military base amid uptick in similar incidents
Drone sightings over civilian and cargo airports have been reported more frequently.
Jorge Messi, father of Argentina great Lionel Messi, dies at 68
Jorge Messi served as his son's agent and accompanied him to Europe when he signed with Barcelona as a teenager.
Wildfires in western Canada forces more than 20,000 people to evacuate
The Bald Range wildfire was first reported on Friday evening.
U.S. pledges $1 billion to Colombia as new right-wing president takes office
Abelardo de la Espriella, a millionaire lawyer with a taste for spectacle, took office Friday.
Entertainment
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Entertainment
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.
Houndmouth is "Never Gonna Die"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Never Gonna Die."
Houndmouth plays "Tiger Blood"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Tiger Blood."
Houndmouth has "Heavy Eyes"
Indiana rock band Houndmouth is acclaimed for their rich harmonies and electric live performances. Their latest record, "Lordy," is a stripped-back, raw return, five years after their last album. Here's Houndmouth with "Heavy Eyes."
8/8: CBS Saturday Morning
Todd Blanche is confirmed as attorney general, fires blaze in Europe and the U.S., plus Houndmouth plays Saturday Sessions.
Technology
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Technology
Where to get the latest CBS Mornings Deals
On this edition of CBS Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Meta must pay nearly $1B in fines, court says
Meta, the parent company of Facebook, Instagram, WhatsApp and others, must pay nearly $1 billion after a court found the social media giant to have put children and teen users at risk. A New Mexico judge ruled that Meta must pay $567 million into a fund to pay for harm prevention and awareness, in addition to $375 million in civil penalties previously decided by a jury.
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.
Energy company sues data center over who should pay for AI buildout
At issue is who pays to expand energy infrastructure when a data center needs as much electricity as a midsize city.
Meta fined $567M over child safety issues
Meta, the tech giant that operates Facebook, Instagram, WhatsApp and other platforms, faces another financial penalty for allegedly failing to keep kids safe. A New Mexico judge has ordered Meta to pay $567 million for its failure to warn the public about the dangers its products pose to children.
Science
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Science
Genetically altered beagles offer hope for dog lovers with allergies
Matt Walker, a geneticist and the CEO of Kindred Companion Sciences, joins "CBS Mornings" with his gene-altered beagle, Bailey, to discuss creating future options for people with severe pet allergies.
Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
Bezos, DiCaprio set up massive wildlife fund
Hollywood actor Leonardo DiCaprio and Amazon founder Jeff Bezos have announced a $200 million fund set to protect species on the brink of extinction. Carter Evans has the story.
Dramatic photos show lava spewing from Fuego volcano in Guatemala
Guatemalan officials on Monday began evacuating two villages near the Fuego volcano due to the ongoing eruption.
Rare footage of humpback whale birth captured on drone video
The footage is believed to be only the fourth complete humpback whale birth ever recorded on film anywhere in the world and the first-ever captured by drone.
Crime
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Crime
Police release video of In-N-Out shooting
Three people were killed during a shooting that began at an In-N-Out restaurant in Twin Falls, Idaho. The gunman died of a self-inflicted gunshot wound, police said. Investigators have now released security footage as they probe the motive for the shooting.
Police warn of "video game style" driving
Driving like a "Grand Theft Auto" player in real life is both illegal and highly dangerous, police warn. Kris Van Cleave went on a ride-along to see what the California Highway Patrol is dealing with.
Police release footage of In-N-Out shooting
Police have released surveillance and body camera footage revealing new details about the shooting at an In-N-Out in Twin Falls, Idaho, that killed three people. Carter Evans has more.
Psychiatrists questioned in Clancy trial
Two psychiatrists who treated Lindsay Clancy, the mother from Massachusetts who's charged with murdering her three kids, took the stand Friday. Boston.com reporter Abby Patkin joins CBS News to unpack the day's proceedings.
Inside Lindsay Clancy's Home
As the Lindsay Clancy murder trial continues, jurors hear testimony from the medical professionals who treated her before and after the deaths of her three children, and excerpts of her journal. They also visit key scenes from the night of the killings. "48 Hours" correspondent Erin Moriarty speaks with WBZ-TV reporter and anchor Kristina Rex about emotional courtroom moments, graphic testimony, and the key question at the heart of this case: what was happening in Lindsay Clancy's mind on January 24, 2023?
Space
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Most detailed images taken of sun's surface revealed
Researchers were able to peek at the sun's scorching surface with the help of the National Science Foundation's Daniel K. Inouye Solar Telescope, located on the island of Maui in Hawaii.
SpaceX rocket booster slams into moon, creating crater that could be 16 feet deep
The impact wasn't visible to the naked eye, but photos are expected to come from a lunar satellite at a later time.
Russian Soyuz brings three home after 8 months at space station
The Soyuz MS-28 landing in Kazakhstan brought a 241-day stay in space to a successful conclusion.
SpaceX's Super Heavy-Starship blasts off on 13th test flight
An upgraded version of the world's most powerful rocket is key to landing NASA astronauts on the moon in the agency's Artemis program.
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Latest Galleries
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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.
Summer music highlights of 2026
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.
Investigating the death of designer Sylvie Cachay
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.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
Disturbing New Allegations Against D4vd
On April 29, prosecutors released a brief outlining their case against singer-songwriter D4vd, who has been charged in the murder of 14-year-old Celeste Rivas Hernandez. On this episode of "Case By Case," we examine the state's timeline of events, including the allegation that D4vd stabbed Celeste and went to great lengths to cover up the crime. Plus, an update on Nick Reiner who appeared in the same court just hours before D4vd. "48 Hours" correspondent Erin Moriarty and Los Angeles Times crime writer Richard Winton dig into the new details on both stories.
D4vd Charged with Murder
Following the discovery of Celeste Rivas Hernandez's remains in a vehicle registered to D4vd last fall, what were the key developments that led to charges this week? On this episode of "Case by Case," we examine all of the new details coming out of the case against singer-songwriter David Anthony Burke, who professionally goes by D4vd. "48 Hours" correspondent Natalie Morales and CBS News chief correspondent Matt Gutman break down what we know so far about Celeste's death and the alleged abusive relationship she had with the singer.
Inside D4vd's Preliminary Hearing in Murder Case
A preliminary hearing offers the clearest look yet at the case against singer-songwriter D4vd, who is charged with the murder of 14-year-old Celeste Rivas Hernandez. "48 Hours" correspondent Anne-Marie Green is joined by Los Angeles Times investigative crime writer Richard Winton to unpack the latest courtroom developments, the prosecution's strategy, the defense's response, and the evidence that could determine whether the case advances to trial.
Inside the destructive wildfires tearing through Washington
The wildfires in Washington state have charred entire neighborhoods around Spokane. Videos showed flames and smoke filling the sky as firefighters work to contain the blazes amid concerns about worsening weather.
Phillip Jeffries turns walls into artwork
A family-owned wallpaper company made luxury design their booming business. Meg Oliver takes a look inside Phillip Jeffries, the decor business turning walls into works of art.