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.
It's unclear how close the U.S. and Iran are to striking a deal, as an Iranian official says "the ball is in Trump's court," and Israel-Hezbollah hostilities continue.
CBS News projects that Democratic former U.S. Health and Human Services Secretary Xavier Becerra has advanced in the primary for the 2026 California governor's race. A second candidate in the race has not yet been projected to advance.
The company that operated a bus involved in a deadly crash in Virginia last week has ties to a broader network of travel firms, including one shut down by regulators a decade ago, a CBS News investigation has found.
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
In a pair of legal filings Friday, the Justice Department stated in writing for what appears to be the first time that a controversial $1.7 billion "anti-weaponization fund" will not continue.
This week, the New York Times reported allegations of Platner's "unsettling" behavior toward women he dated, including one claim that he was physically abusive, which Platner denies.
U.S. District Judge Mary McElroy had lambasted Justice Department lawyers in a decision last month and accused them of misrepresenting and withholding information.
President Trump told the Wall Street Journal he may even want to terminate the Office of the Director of National Intelligence altogether.
The five-day, 55-mile Appalachian Trail hike is a 53-year tradition for freshmen at St. Benedict's Preparatory School.
The National Park Service said a ranger in Alaska fell into a crevasse and died on North America's tallest mountain.
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
The company that operated a bus involved in a deadly crash in Virginia last week has ties to a broader network of travel firms, including one shut down by regulators a decade ago, a CBS News investigation has found.
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
Americans say it's tough to find a job, but employers just added a surprisingly strong 172,000 new hires in May.
The additional payouts come from uncashed settlement funds and will be issued to eligible claimants beginning on June 9.
The labor market continues to show strength despite rising inflation and concerns about slowing economic growth.
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
A stock market boom is elevating more Americans into the ranks of the nation's millionaires, a new study finds.
Former U.S. Health and Human Services Secretary Xavier Becerra, a Democrat, will advance to the November election in the California governor's race, CBS News projects. A second candidate in the race has not yet been projected to advance.
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
As President Trump prepares to watch the New York Knicks take on the San Antonio Spurs at Madison Square Garden, officials are planning for a heightened security posture, sources said.
The five fired FBI analysits were involved in the creation of a withdrawn internal 2023 intelligence memo on "Radical Traditionalist Catholic" ideology, sources said.
In a pair of legal filings Friday, the Justice Department stated in writing for what appears to be the first time that a controversial $1.7 billion "anti-weaponization fund" will not continue.
Travel bans and conflict have disrupted supply chains in the Democratic Republic of Congo, leaving health workers without Ebola tests and protective gear needed to contain the outbreak.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
Come January, pregnancy care physician billing codes will change from a bundled system to an à la carte one.
A possible case of the flesh-eating New World screwworm is being investigated in Texas, the USDA reported Wednesday.
While 330 Ebola infections are confirmed in central Africa and huge challenges remain, hundreds more suspected cases "have been cleared out," the WHO says.
Colombian President Gustavo Petro argues the U.S. has chosen to align against his government and back forces he identifies as complicit in the drug trade.
President Zelenskyy chided Putin in his first public message to the Russian leader, who called it "boorish" on Friday.
James "Weston" Higginbotham went missing one week ago while on a family vacation in Japan.
The Ilminster Ring was originally found by an amateur metal detectorist in 2018 and bought this week for more than $100,000.
A Netherlands court said the three men warranted a custodial sentence "because of the nature and gravity" of their crime.
"The Lost Boys" and "Schmigadoon!" lead Tony nominations with 12 nods each heading into Sunday's Tony Awards, which air on CBS. Zach Stweart, chief critic at the theater information and ticket website TheaterMania, joins "The Daily Report" to discuss.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
The 2026 Tony Awards are taking place at New York City's Radio City Music Hall on Sunday, June 7, at 8 p.m. ET. Tony Award-winning actress Laura Benanti joins with her take on Broadway's biggest night.
Nick Jonas speaks with "CBS Mornings" about starring in the new film "Power Ballad." He explains how he reflected on his own life for the movie, why it's relatable and what it was like working with Paul Rudd. Jonas also reveals what's next for him.
Pope Leo XIV is visiting Spain during the same time that musician Bad Bunny is expected to be there. CBS News' Chris Livesay has more on a potential meeting.
Anthropic is urging a pause in AI development amid growing concerns about future risks, though some experts question the company's motives. Vicky Ge Huang, a reporter for The Wall Street Journal, joins CBS News with more details.
Experts are warning about computer "worms" created with AI that can infect devices and harm users without restraint. University of Toronto professor Nicolas Papernot joins with more.
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.
SpaceX is going public this month, and it could be the largest-ever stock market debut. As it plans this move, SpaceX has amended the language in its IPO filing to address the company's growing need for water, particularly to expand its data centers. CBS News' Kelly O'Grady reports, and University of California, Riverside, associate professor Shaolei Ren joins to discuss.
The new paid tier adds features like longer stories and deeper metrics as Meta looks to diversify revenue beyond advertising.
The expected arrival of El Niño this summer could trigger another mass coral bleaching event, which would be the fifth on record, researchers said.
More than 5,300 years ago, Oetzi the Iceman was strolling through the Alps on the border of Austria and Italy when he was killed by an arrow in the back.
Days after a meteor exploded over New England, another fireball was spotted, visible in the Midwest to the Northeast. Rob Marciano has more.
A team of archaeologists at the iconic cathedral is digging straight down and back in time, to Roman Paris 2,000 years ago.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
A Marine veteran was working on his truck in front of his home in Oxon Hill, Maryland, this week, when four teens tried to rob him at gunpoint. That is when his military training kicked in. Tom Hanson reports.
Former CIA official David Rush was arrested in May after FBI agents found gold bars worth about $40 million at his home while probing whether he had lied about his educational and military background, according to court records.
Steven Dana, 70, is facing multiple charges, including attempted murder, after a video emerged of him attacking a 21-year-old man who was riding a jet ski in Massachusetts' Lake Maspenock with friends. CBS News Boston's Anna Meiler reports.
Brendan Banfield, a former IRS law enforcement officer, claimed he shot Joseph Ryan after he came across Ryan attacking his wife.
A Netherlands court said the three men warranted a custodial sentence "because of the nature and gravity" of their crime.
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
Damage to Blue Origin's lone launch pad in the wake of last week's spectacular explosion was not as severe as initially feared, the company said.
The FLEX Rover will be equipped to carry two astronauts and traverse hundreds of miles of lunar terrain.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
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.
"The Lost Boys" and "Schmigadoon!" lead Tony nominations with 12 nods each heading into Sunday's Tony Awards, which air on CBS. Zach Stweart, chief critic at the theater information and ticket website TheaterMania, joins "The Daily Report" to discuss.
A federal judge in Rhode Island has struck down a series of Trump administration policies that were delaying the immigration process for hundreds of thousands of applicants. CBS News immigration correspondent Camilo Montoya-Galvez has more.
Colombian President Gustavo Petro opened up about his country's tense relationship with the U.S. as he prepares to leave office. In a wide-ranging interview, Petro spoke to CBS News national correspondent Lilia Luciano.
The Bureau of Labor Statistics released the May jobs report on Friday, with numbers that were significantly higher than experts' projections. President Trump traveled to Wisconsin to meet with dairy farmers in an attempt to energize his supporters. CBS News' Kelly O'Grady and Nikole Killion have more.
For more than five decades, St. Benedict's Preparatory School in Newark, New Jersey, has required its freshmen to go on a mandatory five-day, 55-mile hike on the Appalachian Trail. Steve Hartman explains why in "On the Road."