4/20: Red and Blue
President Biden, Speaker McCarthy at odds over debt ceiling; Robert F. Kennedy Jr. launches presidential bid.
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President Biden, Speaker McCarthy at odds over debt ceiling; Robert F. Kennedy Jr. launches presidential bid.
A U.S. official has confirmed the Biden administration plans to send troops to the southern border ahead of the expiration of Title 42. This comes as President Biden invites congressional leaders to meet with him to discuss the debt ceiling. CBS News chief White House correspondent Nancy Cordes joins Lilia Luciano and Lana Zak to discuss the developments.
CBS News has learned that President Biden has called the four congressional leaders and invited them to a May 9th meeting about the debt limit. Scott MacFarlane, Ed O'Keefe and Robert Costa have more.
It's a long-shot effort as Democrats seek to prove they're doing something about the looming crisis.
The treasury secretary moved up her estimate of when the U.S. risks defaulting on its debt.
Senate Majority Leader Chuck Schumer says House Speaker Kevin McCarthy's debt ceiling bill is "dead on arrival" in the Senate. CBS News congressional correspondent joins Anne-Marie Green and Nancy Chen to discuss the ongoing debt ceiling showdown. She also discusses how House Republicans are prioritizing border security.
President Biden said he will not give into Speaker McCarthy's demands for negotiations on the debt limit as many warn Washington may only have until June to avoid default. Gene Sperling, senior adviser to the president, joins CBS News' "Red & Blue" to discuss what's next in the standoff.
House Republicans passed a measure to raise the debt ceiling that includes deep spending cuts. Anne-Marie Green is joined by CBS News congressional correspondent Scott MacFarlane to discuss what comes next.
The debt ceiling bill Republicans passed in the House is dead on arrival in the Senate, Majority Leader Chuck Schumer has said. The proposed legislation would raise the debt limit and slash trillions of dollars in government spending. CBS News congressional correspondent Nikole Killion joins Errol Barnett and Adriana Diaz from Capitol Hill with more.
House Republicans have narrowly passed a bill to raise the nation's debt ceiling. But even party leaders acknowledge the bill is nowhere close to becoming law. The House bill increases the debt limit by $1.5 trillion -- while at the same time imposing an array of spending cuts to the federal budget. CBS News congressional correspondent Scott MacFarlane has more.
The House is set to vote Wednesday on House Speaker Kevin McCarthy's bill to raise the debt ceiling with spending cuts. CBS News senior White House and political correspondent Ed O'Keefe, and CBS News congressional correspondent Nikole Killion, join with the latest.
House Speaker Kevin McCarthy has agreed to revisions to his debt ceiling plan in an effort to get it passed in the House as soon as Wednesday. But President Biden says he will veto the bill if it reaches his desk. CBS News congressional correspondent Nikole Killion joins Errol Barnett and Roxana Saberi to discuss the ongoing battle over the debt ceiling.
House Republicans narrowly passed a bill to raise the nation's debt ceiling by $1.5 trillion while at the same time imposing an array of spending cuts to the federal budget. CBS News congressional correspondent Nikole Killion and CBS News senior White House and political correspondent Ed O'Keefe have the latest on the tough path the bill has to becoming law.
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
The U.S. is close to exhausting its ability to borrow without a debt ceiling extension. Jeff Stein, White House economics reporter for "The Washington Post," joined to discuss how a political divide in Washington could create headwinds for capital markets and the economy.
The House Rules Committee is taking up House Speaker Kevin McCarthy's bill to lift the debt ceiling Tuesday, and a full House vote could come as early as Wednesday. CBS News congressional correspondent Nikole Killion joined with the latest.
Rep. Kevin McCarthy is facing his first major test as House Speaker: getting support for his debt limit and federal spending plan. CBS News congressional correspondent Nikole Killion joins Anne-Marie Green to discuss.
The House Rules Committee is taking up House Speaker Kevin McCarthy's debt limit bill Tuesday. If approved by the panel, the House could vote on it as early as Wednesday. CBS News congressional correspondent Nikole Killion joins Lana Zak to discuss the latest on the debt ceiling battle.
Republican House Speaker Kevin McCarthy said he has the votes to pass his debt ceiling bill. CBS News congressional correspondent Nikole Killion joined with more.
Speaker Kevin McCarthy and House Republicans are seeking to pass a bill on the debt ceiling this week in an effort to bring the president to the negotiating table. But President Biden is refusing to negotiate on the issue. CBS News congressional correspondent Nikole Killion breaks down the ongoing battle.
CBS News senior White House and political correspondent Ed O'Keefe joins Tony Dokoupil and Lilia Luciano with the latest developments in Washington. He discusses what the White House is saying after evacuating U.S. embassy staff from Sudan, the ongoing debt ceiling battle and the president's domestic policy adviser's decision to step down from her role.
Republican House Speaker Kevin McCarthy unveiled a plan Wednesday to raise the debt limit and cut government spending, but the White House claims the proposal would slash key programs and cut manufacturing. CBS News congressional correspondent Scott MacFarlane and CBS News chief White House correspondent Nancy Cordes have more.
Reaction continues to pour in regarding House Speaker Kevin McCarthy's debt limit plan, unveiled Wednesday. While the White House has pushed back against it, many House Republicans have voiced support for the proposed plan, that could be voted on as early as next week. Republican Rep. Steve Womack of Arkansas discussed the proposal with CBS News.
House Speaker Kevin McCarthy has released a plan to raise the debt ceiling by $1.5 trillion. The bill includes $4.5 trillion in spending cuts. CBS News congressional correspondent Scott MacFarlane spoke to House members about the plan.
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.