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Debt Ceiling

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Biden slams GOP over debt ceiling

In a speech Monday, President Biden discussed this months' urgent deadline for Congress to take action to extend the government's ability to borrow money and pay off its debts. CBS News chief White House correspondent Nancy Cordes, CBSN political contributor and White House reporter for The Associated Press Zeke Miller, and The Washington Post congressional reporter Marianna Sotomayor join CBSN's "Red & Blue" anchor Elaine Quijano with the details.

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Expert on debt ceiling's stock market impact

President Biden signed a bill to fund the government through December 3. But that doesn't solve the issue of the debt ceiling, which Treasury Secretary Janet Yellen says needs to be raised by October 18. CBS News business analyst Jill Schlesinger spoke with Anne-Marie Green and Vladimir Duthiers on CBSN about the potential consequences if Congress can't hammer out a deal and how you should handle your investments amid the uncertainty.

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Congress hoping to pass temporary funding bill

Congress is hoping to hold a final vote on a bill to fund the government Thursday. It would temporarily prevent federal agencies from shutting down but would not address the need to extend the government's ability to borrow money. CBS News' Skyler Henry, Politico's national political correspondent Meridith McGraw and The Washington Post's national political reporter Eugene Scott join CBSN's "Red & Blue" anchor Elaine Quijano with more on the debt ceiling battle and how the White House is trying to save President Biden's domestic agenda.

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House votes to suspend debt ceiling through 2022

The House has voted to pass a measure that would suspend the debt ceiling through mid-December of 2022, and the bill now goes to the Senate. Meanwhile, time is running out to avert a government shutdown. Failure to do so would impact multiple agencies and leave thousands of federal employees furloughed. CBS News congressional correspondent Kris Van Cleave reports on the latest from Capitol Hill. Then Siobhan Hughes, a congressional reporter for the Wall Street Journal, joins CBSN's Lana Zak to discuss that and more.

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Biden meets with moderates on budget

President Biden met with Senators Joe Manchin and Kyrsten Sinema on his infrastructure and social safety-net bills as a possible government shutdown looms. CBS News senior White House correspondent Weijia jiang, USA Today White House correspondent Courntey Subramanian, and Politico congressional reporter Nicholas Wu join "Red and Blue" host and CBS News senior White House and political correspondent Ed O'Keefe on "Red and Blue" with details.

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Senate disagrees on funding and debt ceiling

On Tuesday, Senate Republicans blocked a second attempt by Democrats to address government funding and the country's debt ceiling. Critical deadlines for both are quickly approaching and failure to reach an agreement would result in a government shutdown and the U.S. going into default. CBS News political analyst and Republican strategist Leslie Sanche and CBS News political contributor and Democratic strategist Antjuan Seawright joined CBS News' Ed O'Keefe to discuss what's at stake for both sides and what it will take to reach an agreement.

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