Biden urges Congress to raise the debt ceiling
President Biden is urging Congress to raise the debt ceiling and pass the rest of his legislative agenda this week. Ed O'Keefe reports from the White House.
Watch CBS News
President Biden is urging Congress to raise the debt ceiling and pass the rest of his legislative agenda this week. Ed O'Keefe reports from the White House.
Bills to raise the debt limit and fund Pentagon and national security operations have cleared both chambers of Congress. President Biden is hoping his social and climate spending package will also pass, but a key Democratic vote in the Senate remains unclear. Nicholas Wu, a congressional reporter for Politico, joins CBSN to discuss the latest.
As inflation soars, the Federal Reserve says it could raise interest rates at least three times in 2022. CBS News senior White House and political correspondent Ed O'Keefe joins CBSN's Lana Zak to discuss that and more.
Lifting the debt limit by $2.5 trillion would mean the issue would not come up again until 2023.
Former Trump chief of staff Mark Meadows is suing the House committee investigating the January 6 Capitol riot as it prepares to hold him in contempt. Plus, the House passes legislation paving the way for the Senate to raise the debt ceiling. CBS News congressional correspondent Kris Van Cleave, Associated Press White House reporter Zeke Miller, and Washington Examiner political and investigative reporter Sarah Westwood join CBSN's "Red & Blue" anchor Elaine Quijano with the latest from Washington.
In a 59-35 vote, the Senate passed a measure allowing for a one-time exemption to the filibuster so Democrats can raise the debt limit without Republican votes. Treasury Secretary Janet Yellen has warned the nation could enter default if the borrowing limit is not raised by December 15. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to explain the process ahead.
Senate Majority Leader Chuck Schumer said he's optimistic "catastrophic default" will be avoided.
President Biden met with Russian President Vladimir Putin for two hours in what the White House called a "useful" virtual summit. Plus, Congress seems to have reached a deal to raise the debt ceiling. CBS News senior White House correspondent Weijia Jiang, National Journal columnist Josh Kraushaar and Washington Post chief correspondent Dan Balz join CBSN "Red and Blue" anchor Elaine Quijano with more.
The fast-track process would require Democrats in the Senate to introduce the legislation to raise the debt limit by a certain amount, rather than suspending the debt limit.
Senate Republicans voted to pass a government funding measure after balking over the Biden administration's vaccine requirements for private companies, but Congress now faces a deadline to raise the debt ceiling. Politico Senate reporter Marianne Levine joins CBSN anchor Elaine Quijano with the details.
House Speaker Nancy Pelosi says her chamber is prepared to vote Thursday on a continuing resolution to keep the government funded on a temporary basis, which would avoid a government shutdown. CBS News congressional correspondent Nikole Killion joins CBSN's Tanya Rivero with the latest.
The federal government faces new questions over economic issues that could be caused by the Omicron variant of COVID-19. Plus, the Senate is nearing its deadline to raise the national debt ceiling. CBS News' Skyler Henry, Wall Street Journal congressional reporter Siobhan Hughes and New York Times White House correspondent Jim Tankersley join CBSN's "Red & Blue" with more.
President Biden traveled to Minnesota Tuesday to highlight aspects of his $1 trillion infrastructure plan. Mr. Biden's trip comes as concerns over the new COVID-19 variant, rising inflation and issues within the nation's supply chain threaten to derail his overall economic agenda. CBS News senior White House correspondent Weijia Jiang joins CBSN's Ed O'Keefe to discuss.
Congress is back in session and faces looming deadlines to pass President Joe Biden's social spending bill, fund the government and raise the debt ceiling. CBS News congressional correspondent Nikole Killion joins CBSN's Tanya Rivero for more.
President Biden traveled to Detroit Wednesday to explain his infrastructure package to Michigan residents. The bill includes funding to expand electric vehicle charging infrastructure in the Motor City. CBS News chief White House correspondent Nancy Cordes joined CBSN's Lana Zak to discuss that and more.
Treasury Secretary Janet Yellen is urging Congress to raise or suspend the debt limit, or she says the U.S. will be unable to pay its bills by December 15. CBS News reporter Sarah Ewall-Wice joins CBSN with the latest.
Treasury Secretary Janet Yellen is urging Democrats to address the debt ceiling alone if needed to avoid default. CBS News congressional correspondent Nikole Killion joined CBSN's Tanya Rivero with more on what Congress could do with the social spending and infrastructure legislation.
Less than a month after lawmakers passed a small increase to the debt limit, the country again faces a deadline.
Hopes are fading that Democrats can reach an agreement on President Biden's massive social spending plan before he leaves for Europe. Ed O'Keefe reports.
Democrats spent another long day in negotiations, hoping to iron out the framework of a deal on the president's social spending plan by Wednesday. They've said repeatedly that they're close. Ed O'Keefe has the details.
The recent increase in the debt ceiling provides only a "short reprieve," said Treasury Secretary Janet Yellen.
The commission President Biden set up in April to weigh potential widespread changes to the Supreme Court meets Friday. The group released a draft of their findings Thursday related to adding more justices to the court, implementing term limits and more. CBS News White House reporter Bo Erickson joins CBSN AM to discuss.
The House is voting on a short-term fix to extend the government's ability to borrow money. Meanwhile, Democrats are trying to figure out how to potentially cut trillions of dollars from the president's proposed social spending and climate package. CBS News' director of elections and surveys Anthony Salvanto and CBS News senior White House and political correspondent Ed O'Keefe join CBSN's "Red & Blue" anchor Elaine Quijano. Later, The Washington Post's national political reporter Eugene Scott and Business Insider's senior politics reporter Eliza Relman discuss the latest on Capitol Hill.
President Biden on Wednesday announced a plan to boost capacity at major ports in California and at companies like Walmart and UPS as supply chain backlogs threaten to worsen rising consumer prices. CBS News congressional reporter Nikole Killion, CBSN political contributor and White House reporter for The Associated Press Zeke Miller, and The Washington Examiner's political and investigative reporter Sarah Westwood join CBSN's "Red & Blue" anchor Elaine Quijano with the details.
The bill gives Congress just a temporary reprieve, as lawmakers now must find a way to address the debt limit by December 3.
The footage is included in a video that promotes false claims that the 2020 presidential election was rigged against Mr. Trump.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
The 2026 Milano Cortina Winter Olympics are underway after the lighting of the Olympic cauldrons and the Parade of Nations at the opening ceremony.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes.
President Trump called GOP Sen. Tim Scott after the South Carolina Republican publicly urged the president to remove a reposted video depicting former President Barack Obama and former first lady Michelle Obama as apes.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
The criticism continued even after the White House removed the video after the initial backlash.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost 1 million structures.
More than 35 local, state and federal agencies have been working for the last 18 months to prepare for Super Bowl LX in Santa Clara, California.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.
Cryptocurrency transactions are often thought to be anonymous and untraceable. That's a misconception, experts tell CBS News.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
A federal appeals court on Friday endorsed the Trump administration's policy of holding broad groups of immigration detainees without access to bond hearings, a major legal victory for President Trump.
The Pentagon says it will cut ties with Harvard University, ending graduate-level military training, fellowship and certificate programs.
President Trump late Friday addressed a video posted to his social media account that included a racist depiction of Barack and Michelle Obama as apes, telling reporters he didn't see the part that showed the former president and first lady.
Though the commerce secretary has called his interactions with Epstein as "limited," the two were in business together four years after Epstein's 2008 guilty plea.
Emboldened by loosened restrictions from federal regulators, prediction markets look to cash in on Super Bowl Sunday.
Here's what to know about TrumpRx, including how it works, who can use it, and how much money it can save.
The Trump administration launched its new TrumpRx direct-to-consumer prescription drug listing site late Thursday, part of a push to offer medication at steep discounts.
The New Mexico Department of Health said officials believe the baby contracted listeria after their mother drank raw milk during pregnancy.
As health care costs skyrocket and federal lawmakers pull back help on ACA insurance premiums, more middle-income families are facing tough choices on health care.
Many Americans are expected to lose ACA or Medicaid coverage in the coming months and years, but doctors and researchers say there are still ways to find affordable care.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Here's what to know about the Parade of Nations in the 2026 Winter Olympics opening ceremony and how the country order is determined.
As the 2026 Milan Cortina Winter Olympics begin, all eyes were on teams from around the globe proudly donning their countries' uniforms for the opening ceremony, including Team USA in outfits designed by Ralph Lauren.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Don't miss a moment of the Winter Olympics. Here's how to watch live, for free and stream the action without cable.
Coming off a historic Grammy win, Bad Bunny is gearing up to make even more history at this weekend's Super Bowl. The musician is set to be the first Super Bowl headliner to perform completely in Spanish. Leila Cobo, co-chief content officer at Billboard, joins "The Daily Report" to discuss.
Spanish figure skater Tomas-Llorenc Guarino Sabate secured the rights to perform his Minions-themed program at the Milan Cortina Games hours before he was set to skate.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
Bad Bunny, the Puerto Rican singer born Benito Antonio Martínez Ocasio, told fans to expect a special Super Bowl halftime show on Sunday. Nidia Cavazos reports on how the star is performing, and whether he'll have any surprise guests.
The FAA says it is collaborating with the FBI to detect, track and assess unauthorized drone activity at the Super Bowl.
Gamers across the world can now recreate drone strikes in Ukraine from the comfort of their own home, with this newly released game.
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.
CBS News business analyst Jill Schlesinger talks about how companies are using artificial intelligence, the discussion around the technology and how it's impacting the workforce.
Executives from Waymo and Tesla defended their self-driving vehicle technology in testimony before the Senate Commerce Committee on Wednesday. CBS News' Kris Van Cleave reports and Ian Krietzberg, an AI correspondent at the digital media company Puck, has more.
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Dark matter doesn't absorb or give off light so scientists can't study it directly. But they can observe how its gravity warps and bends the star stuff around it.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Luigi Mangione had an outburst after a hearing on Friday in which the judge announced that his New York State trial will begin on June 8. CBS News legal reporter Katrina Kaufman is following the case.
Local and federal authorities said "investigators are actively inspecting the information provided in the message for its authenticity" regarding the disappearance of Nancy Guthrie.
Friday marked six days since Nancy Guthrie's apparent abduction, and Guthrie's three children have been posting on social media hoping to reach whoever may have taken her. CBS News' Andres Gutierrez reports and former FBI counterintelligence operative Eric O'Neill has more.
Luigi Mangione had an outburst in a New York courtroom on Friday after a judge scheduled his state trial to begin before his federal case. The UnitedHealthCare CEO murder suspect claimed "this is the same trial twice" and called it "double jeopardy." CBS News' Katrina Kaufman has more.
Andres Escobar was gunned down in Medellin days after scoring an own goal in a match against the U.S. at the 1994 World Cup.
NASA's first crewed moon mission in more than 50 years has been delayed until March at the earliest. During a routine dress rehearsal of the launch, persistent liquid hydrogen leaks were discovered in the Artemis II rocket. CBS News space consultant Bill Harwood breaks it down.
NASA plans to test the planned leak repair with a second dress rehearsal fueling test later this month.
NASA delayed the Artemis II moon rocket launch after a hydrogen leak was found during a wet dress rehearsal, the agency announced Tuesday. CBS News senior space consultant Bill Harwood has the latest.
A NASA mission is underway to map the heliosphere, which is a huge protective bubble around the solar system that was created by the sun.
NASA says it can't try until March at the earliest to send a crewed spacecraft on a flight around the moon and back, due to hydrogen leaks during testing of the Artemis II rocket.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Officials said they are "aware of a new message" in the Nancy Guthrie disappearance on Friday. Authorities have not given details on the contents of the message. Former FBI special agent FBI Doug Kouns joins CBS News to discuss.
Beginning in 2004, Joe Macken carved all five boroughs of New York City out of balsa wood, every site and stadium, and every bridge and building. His creation consists of almost one million structures. Steve Hartman has the story.
After a licensed school bus driver finished his route, he decided to help after seeing lots of other children walking to school in the cold. As Tony Dokoupil reports, the offer was short-lived.
The opening ceremony marked the official start of the 2026 Winter Olympics with celebrations at Milan's San Siro Stadium and at venues in Predazzo, Livigno and Cortina d'Ampezzo. Seth Doane reports.
With less than 48 hours until kickoff for Super Bowl LX, security preparations are already in motion. Kris Van Cleave has a preview.