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.
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 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.
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.
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.
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.
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.
10M people still eligible for stimulus check, but clock is ticking
Some Americans, especially those who don't pay taxes, may still be due some pandemic money, a government report says.
Texas flood rescue teams continue search for missing as death toll climbs
Five days after deadly floods struck central Texas, search and rescue teams are continuing to probe debris for those still missing.
Supreme Court clears way for Trump to move forward with mass layoffs
The Supreme Court on Tuesday lifted a lower court order that blocked sweeping layoffs of federal workers at nearly two dozen agencies.
Exclusive
U.S. sanctions North Korean member of Kim Jong Un's spy agency
Song Kum Hyok is accused of masterminding a scheme in which North Korean cyber operatives posed as U.S. remote IT workers for unwitting companies.
New Mexico flash flooding sweeps entire house away, prompts rescues
Multiple rescue missions were underway in Ruidoso, New Mexico, the National Weather Service said Tuesday.
Young girls, Camp Mystic staff among those killed in Texas floods
Young girls, camp employees and vacationers are among the more than 100 people who died when Texas' Guadalupe River flooded.
Beef prices in the U.S. are searingly high. Here's why.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
Passengers at U.S. airports no longer have to remove shoes
Change is afoot at some U.S. airports as passengers no longer have to remove their shoes while going through TSA security screenings.
Waltz confirmation hearing planned for next week, source says
President Trump nominated Waltz to be U.S. ambassador to the United Nations in May after he was ousted as national security adviser.
"Unknown actor" using AI to impersonate Rubio, cable shows
The imposter used artificial intelligence to contact government and foreign officials impersonating Secretary of State Marco Rubio, according to a cable obtained by CBS News.
U.S.
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Satellite photos show before and after Texas flooding
More than 100 people were killed and over 160 remained missing as of Tuesday evening after flooding hit Central Texas.
Coastal homeowners turn to climate-resilient designs
Research shows that human-caused climate change is warming ocean waters, which is fueling stronger and more intense hurricanes.
Grok, Elon Musk's AI chatbot on X, posts antisemitic comments, later deleted
The antisemitic posts from Grok came days after Elon Musk wrote on X that the chatbot had been improved "significantly."
Doc Antle of "Tiger King" fame sentenced to prison time for animal trafficking
Prosecutors said Doc Antle sold or bought cheetahs, lions, tigers and a chimpanzee without the proper paperwork for a decade.
New Mexico flash flooding sweeps entire house away, prompts rescues
Multiple rescue missions were underway in Ruidoso, New Mexico, the National Weather Service said Tuesday.
MoneyWatch
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Can I keep my shoes on at the airport? What to know about TSA rule change.
As of Tuesday, passengers at U.S. airports are no longer required to remove their shoes during the TSA screening process.
Beef prices in the U.S. are searingly high. Here's why.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
Investors are purchasing more U.S. homes, as would-be buyers are priced out
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
More managers are relying on AI to make staffing decisions, study finds
There could be legal risks associated with using AI to determine who climbs the corporate ladder and who loses their job.
Teachers union partners with tech companies to launch AI-training academy
The new training academy in Manhattan will be geared toward training educators in an effort to harness AI technology in the classroom.
Politics
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DOJ accuses 2 people of selling gun to Trump's alleged would-be assassin Ryan Routh
Federal prosecutors say two people helped sell an SKS rifle to Ryan Routh six weeks before he allegedly tried to shoot President Trump.
Trump pushes back on Jeffrey Epstein question: "This creep?"
"Are you still talking about Jeffrey Epstein?" President Trump said in response to questions about the convicted sex offender.
Waltz confirmation hearing planned for next week, source says
President Trump nominated Waltz to be U.S. ambassador to the United Nations in May after he was ousted as national security adviser.
Supreme Court clears way for Trump to move forward with mass layoffs
The Supreme Court on Tuesday lifted a lower court order that blocked sweeping layoffs of federal workers at nearly two dozen agencies.
Exclusive
U.S. sanctions North Korean member of Kim Jong Un's spy agency
Song Kum Hyok is accused of masterminding a scheme in which North Korean cyber operatives posed as U.S. remote IT workers for unwitting companies.
HealthWatch
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Doctors fear ICE agents in health facilities deter people from seeking care
As the Trump administration continues its push to detain undocumented immigrants, doctors are hearing that some patients are avoiding health care settings out of fears over possible ICE raids.
Workplace mental health at risk as key federal agency faces cuts
Efforts to decrease alarmingly high rates of suicide among construction workers and prevent burnout in health care workers are in jeopardy.
Study finds 6% of Florida teens have handguns, a 65% increase over 20 years
Firearms are the leading cause of death among children and teenagers in the United States, and new research found that Florida adolescents carrying handguns increased by 65% from 2002 to 2022.
Boston aesthetician helps clients with IVF injections
Boston nurse practitioner Alexa Nicholls Costa wants to help couples struggling with infertility by assisting with the numerous injections that are part of in vitro fertilization.
In a nation growing hostile toward homelessness, L.A. tries harm reduction
A new care center for homeless people on Los Angeles' infamous Skid Row embraces the principle of harm reduction, a more lenient approach to drug use and addiction.
World
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Hero police dog killed by food laced with nails: "Vile attack"
Bruno's trainer urged police to "find the killers before I do."
5 members of family accused of witchcraft murdered by neighbors in India
Police have arrested 3 people over a brutal attack on a family in India who were accused of witchcraft.
Meta's Instagram showed paid ads promoting escort services
CBS News uncovered multiple paid advertisements on Meta's Instagram stories feature that lead to Telegram channels that promote sex work in the U.S. and other countries
Houthi attack on cargo ship kills 3 mariners, European naval force says
Yemen's Houthi rebels killed 3 mariners with an attack on a ship in the Red Sea, a European naval force says, fueling concern over a possible new wave of attacks by the Iran-backed group.
Milan airport briefly shut down after man sucked into jet engine
Flights at Milan Bergamo Airport were suspended for almost two hours after a man was sucked into a jet engine and killed, according to Italian news agency ANSA.
Entertainment
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Entertainment
Belly Laughs festival blends Asian American comedy
A Los Angeles festival called Belly Laughs includes headliners Margaret Cho, Kumail Nanjiani, Bobby Lee and Hasan Minhaj. Lisa Ling shares a meal and conversation with Cho and performer Joel Kim Booster to talk about the cultural power of food and humor.
Michael C. Hall returns as Dexter
Award-winning actor Michael C. Hall joins "CBS Mornings" to discuss his return in "Dexter: Resurrection," the highly anticipated sequel series set in New York City. The show picks up ten weeks after the events of "Dexter: New Blood," with Dexter awakening from a coma and hunting a new serial killer.
Oprah Winfrey reveals new book club
In an exclusive announcement on "CBS Mornings," Oprah Winfrey names Culpability her latest summer read. Author Bruce Holsinger joins Oprah and Gayle King to discuss the gripping novel about a family, a deadly crash, and the moral consequences of AI.
Parvati Shallow on life after "Survivor"
Parvati Shallow, one of the most iconic "Survivor" contestants of all time, joins "CBS Mornings" to reflect on her reality TV journey and discuss her new memoir, "Nice Girls Don't Win."
Sean "Diddy" Combs gets standing ovation in prison, lawyer says
Sean "Diddy" Combs' lawyer says the music mogul got a standing ovation from fellow prisoners when he returned to the federal lockup in Brooklyn after the verdict.
Technology
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Grok, Elon Musk's AI chatbot on X, posts antisemitic comments, later deleted
The antisemitic posts from Grok came days after Elon Musk wrote on X that the chatbot had been improved "significantly."
Teachers union bringing AI into classroom
The American Federation of Teachers, a labor union representing educators, announced on Tuesday that it is partnering with OpenAI and Microsoft to train instructors on the use of artificial intelligence in the classroom. Paresh Dave, senior writer for Wired, joins CBS News with the details.
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.
Teachers union partners with tech companies to launch AI-training academy
The new training academy in Manhattan will be geared toward training educators in an effort to harness AI technology in the classroom.
Extended Amazon Prime Day event kicks off
Amazon's extended Prime Day event kicks off on Tuesday. The online retail giant also deployed its one millionth robot to a fulfillment center in Japan. Scott Dresser, the Vice President of Amazon Robotics, joins with more details.
Science
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North America's oldest known pterosaur discovered in Arizona, researchers say
Researchers were able to date the fossil of the flying reptile, a close cousin of dinosaurs, back to more than 209 million years ago.
Inside the lab trying to change people's minds about sharks
Scientists at Oregon State University are working to change people's minds about sharks--and are learning more about the health of the ocean in the process.
The stories behind history's most haunting shipwrecks
From the Clotilda to the Titanic, archaeologist James Delgado shares insights from his 50-year career.
Billions of flies to be dumped from planes to fight flesh-eating screwworms
The move is part of the government's plans for protecting the U.S. from the New World screwworm fly, which could devastate its beef industry and even kill household pets.
Key data used in hurricane forecasting will be cut by end of July, NOAA says
A satellite program that has historically been a key source of weather forecasting data will be discontinued no later than July 31, according to a message posted by NOAA.
Crime
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Crime
North Korean operative sanctioned by U.S.
The Treasury Department has sanctioned a North Korean cyber operative accused of running a scheme using remote IT jobs to raise money for leader Kim Jong Un's nuclear program. CBS News Homeland Security correspondent Nicole Sganga reports.
Sean Combs asks for earlier sentencing date
In a court hearing Tuesday, Sean "Diddy" Combs' attorneys asked for an earlier sentencing date than the one currently set for October 3. Combs was convicted last week on prostitution-related charges, but acquitted on the most serious sex trafficking and racketeering counts. Combs faces up to 20 years in prison, but prosecutors are seeking five-to-six years behind bars. CBS News legal reporter Katrina Kaufman has more.
Hero police dog killed by food laced with nails: "Vile attack"
Bruno's trainer urged police to "find the killers before I do."
Sean "Diddy" Combs back in court
Sean "Diddy" Combs is back in court on Tuesday for a post-trial hearing on his sentencing schedule. CBS News' Katrina Kaufman has the latest.
10 arrested at drug cartel "ranch of horror" found guilty of murder
One recruit who reportedly survived the ranch said those who refused orders or tried to escape were beaten, tortured and killed.
Space
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First close-up of "cotton candy" nebula captured by world's largest telescope
A new observatory in Chile has produced a stunningly detailed image of a nebula resembling cotton candy, using the largest telescope in the world.
Blue Origin rockets 6 astrotourists on sub-orbital flight to space
Running a week late because of weather, it was clear sailing Sunday for Blue Origin's 13th passenger flight.
Fireball seen as meteorite streaks through sky over Georgia and South Carolina
The American Meteor Society said it received more than 160 reports of a fireball sighting from observers in Georgia and South Carolina.
James Webb telescope captures images of possible newly discovered exoplanet
The exoplanet, a planet beyond our solar system, has been dubbed TWA 7b after NASA's James Webb Space Telescope captured evidence of it.
Webb Telescope captures images of exoplanet
NASA's James Webb Telescope has captured unprecedented pictures of a newly discovered exoplanet, a planet that is outside our solar system.
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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.
Attack on Pearl Street Mall in Boulder
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
Summer music heats up 2025
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
"No Kings": Protesters across country march against Trump, Musk
Protests against the Trump administration took place across the U.S. Saturday. The demonstrations were held to mark the 250th anniversary of the start of the Revolutionary War.
Evidence in the Suzanne Morphew case
Bizarre clues and evidence in the investigation into the Colorado mother's disappearance include a spy pen, plastic needle cap, and a chipmunk alibi.
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Texas flood survivor on deciding to evacuate
LaKreesha Bates was camping with her family just one mile away from the deadly Guadalupe River floods when they found themselves in the path of disaster. Bates joins CBS News to share her experience.
Trump asked about Jeffrey Epstein
A new report from the Department of Justice and the FBI found that disgraced financier Jeffrey Epstein had "no client list." President Trump was asked about it during a Cabinet meeting on Tuesday.
Voices from Texas floods show loss and resilience
Survivors, first responders and officials reflect on the deadly floods and how they are searching for hope in the wake of this historic disaster.
New Mexico house swept away in flash flood
Heavy rain triggered flash flooding in New Mexico on Tuesday, forcing rescue operations and sweeping away at least one home. CBS News' Carter Evans and Paul Heggen have the latest.
Experts warn of worsening health for U.S. kids
A new study in the Journal of the American Medical Association finds the health of our children has deteriorated significantly over the last 18 years. Dr. Céline Gounder joins to discuss.