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.
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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.
One person was killed and two others were hurt in a shooting on the campus of Old Dominion University in Norfolk, Virginia, police said.
Iran's relentless attacks on Gulf states and infrastructure appear to be overshadowing interventions by the U.S. and its allies aimed at easing energy prices.
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
An aerial refueling tanker was believed to have been one of two planes hit by shoulder-launched missiles, U.S. officials said.
The Senate failed for a fourth time to advance a funding bill for the Department of Homeland Security, with no deal in sight.
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
An aerial refueling tanker was believed to have been one of two planes hit by shoulder-launched missiles, U.S. officials said.
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Energy prices won't ease up until the Strait of Hormuz is secure, experts say. Here's what it will take to get the oil flowing again.
Easing the century-old shipping law could help lower fuel prices as the Iran war pushes crude oil near $100 a barrel, experts say.
Plaintiffs claim that David Protein bars contain "way more" calories and fat than what's displayed on the label.
Attacks on shipping traffic and energy infrastructure in the Persian Gulf temporarily pushed oil back above $100 a barrel, stoking investor fears.
An aerial refueling tanker was believed to have been one of two planes hit by shoulder-launched missiles, U.S. officials said.
The federal observer program sends neutral observers to monitor election sites to ensure voters don't experience discrimination at the polls.
The FBI found only 38 non-citizens may have voted in the 2020 presidential election in the inquiry ordered by Sigal Chattah, Nevada's top federal prosecutor.
The Senate approved a package of bills aimed at lowering housing costs, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters.
More than 300 TSA officers have quit since the partial government shutdown began last month, according to agency statistics obtained by CBS News.
Even people with six-figure incomes are making financial sacrifices to pay for medical care, a new study finds.
Crystalline silica, which is released into the air when workers cut and polish engineered stone for kitchen countertops, can scar human lungs beyond repair.
Last summer, the Trump administration announced a voluntary pledge by health insurers to reform prior authorization, but patient advocates and medical providers remain skeptical.
A CBS News analysis of records for every hospice operating in Los Angeles County finds indications of fraud are growing.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
An aerial refueling tanker was believed to have been one of two planes hit by shoulder-launched missiles, U.S. officials said.
Iranian state media say the country's new Supreme Leader Mojtaba Khamenei, in his first public statement, has called for the Strait of Hormuz to remain shut.
CBS News journalists offer international perspectives from leaders and citizens in a number of countries as the Iran war nears the two-week mark.
Oksana Masters said she was shocked to win her 22nd Paralympic Medal in Milan.
The pipe, with a diameter of 11.5 feet, towered as high as 42 feet at one point, according to the Osaka construction department.
Ballerina Misty Copeland responded to controversial comments made by actor Timothée Chalamet when he appeared to dismiss the significance of ballet and opera, saying, "No one cares."
John Grisham, who has written 52 bestsellers, reveals the name of his new novel on "CBS Mornings" and talks about how writing about espionage compares to his legal thrillers.
The fourth contestant eliminated from "Survivor: In the Hands of the Fans" joins "CBS Mornings" to discuss being voted off and playing the game again.
Misty Copeland, the first Black female principal dancer for the American Ballet Theater, said Timothée Chalamet "wouldn't be an actor and have the opportunities he has as a movie star if it weren't for opera and ballet and their relevance in that medium." Her response comes after Chalamet's comments on ballet and opera sparked backlash.
Watch scenes from the performances nominated for best supporting actor at the 98th annual Academy Awards, as well as interviews with the nominees.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
An explosion in artificial intelligence data centers and cloud computing is shrinking the supply of memory chips, which is having a major impact on the price consumers pay for everyday tech. CNET editor-in-chief David Katzmaier joins CBS News to discuss.
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.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
AI-generated artist Tilly Norwood and the company behind her released a new music video speaking directly to her critics. As AI evolves, Hollywood faces questions over legal protections, copyright infringement and human labor. Jo Ling Kent reports.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
Security staffers killed a man after he rammed a car into a Michigan synagogue on Thursday. Democratic Sen. Gary Peters of Michigan joins "The Takeout" to discuss.
On Thursday, a man rammed a car into Temple Israel in West Bloomfield, Michigan, and a gunman killed at least one person at Old Dominion University in Virginia. It is unclear if the incidents are related. CBS News' Scott MacFarlane and Samantha Vinograd join with the latest on what we know about both crimes.
President Trump addressed the attack at a Michigan synagogue on Thursday, calling the incident "a terrible thing" and saying he was sending his love to the community.
Security at a Michigan synagogue killed an attacker on Thursday after he rammed a car into the building, sources say. CBS News' Anna Schecter has the latest.
The attacker rammed a vehicle into the synagogue and was confronted and killed by security, Oakland County Sheriff Michael Bouchard said.
Nearly 14 years after it was launched in 2012, NASA says a 1,300-pound satellite is expected to come crashing back to Earth on Wednesday. Most of it will burn up as it reenters the atmosphere, but NASA warns some debris could survive reentry.
The Van Allen probe's mission was meant to last two years, but ended up going for nearly seven.
NASA has announced a major overhaul of its Artemis moon program amid ongoing safety concerns. CBS News space consultant Bill Harwood has more details.
NASA announced an overhaul to its Artemis moon program as safety concerns persist. CBS News space contributor Christian Davenport breaks down the key takeaways.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
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.
Security staffers killed a man after he rammed a car into a Michigan synagogue on Thursday. Democratic Sen. Gary Peters of Michigan joins "The Takeout" to discuss.
On Thursday, a man rammed a car into Temple Israel in West Bloomfield, Michigan, and a gunman killed at least one person at Old Dominion University in Virginia. It is unclear if the incidents are related. CBS News' Scott MacFarlane and Samantha Vinograd join with the latest on what we know about both crimes.
The Trump administration has blacklisted AI giant Anthropic, labeling it a supply chain risk. The company has sued in response. New York Times tech reporter Sheera Frenkel joins CBS News to break down the feud.
President Trump addressed the attack at a Michigan synagogue on Thursday, calling the incident "a terrible thing" and saying he was sending his love to the community.
The Fertilizer Institute says the war with Iran is disrupting the fertilizer supply chain and pushing prices up roughly 30% in the past few weeks. Lance Lillibridge, a farmer in Vinton, Iowa, joins CBS News to discuss the impact he's seeing.