U.S. could hit the debt ceiling on October 18, Janet Yellen says
The country could go into default for its first time in history.
Debt Ceiling
Lawmakers scramble to avoid shutdown
The clock is ticking as lawmakers on Capitol Hill scramble to avoid a government shutdown later this week and prevent the U.S. from defaulting on its debt next month. On Monday, Republican senators blocked a bill to suspend the debt ceiling and keep the government operating past Thursday. CBS News congressional correspondent Kris Van Cleave joined CBSN's Tanya Rivero to discuss the latest.
Biden's agenda hangs on Democratic unity
The U.S. appears to be on the brink of a major fiscal crisis and potential government shutdown as lawmakers scramble to pass key legislation. Senate Republicans blocked a bill that would've kept federal agencies funded through early December and raise the national debt limit, and moderate and progressive Democrats are clashing over President Biden's agenda. CBS News congressional correspondent Kris Van Cleave and CBS News chief White House correspondent Nancy Cordes joined CBSN with the latest developments.
Senate Republicans block funding bill
Senate Republicans on Monday evening blocked a bill that would temporarily prevent the federal government from shutting down and allow the United States to continue paying its debts. CBS News congressional correspondent Nikole Killion joins CBS News' Ed O'Keefe to discuss the next moves in trying to prevent a government shutdown, and where negotiations on two major infrastructure bills stand.
Why the threat of a government shutdown is dangerous
Congress has until Friday to pass a temporary bill known as a continuing resolution to fund the government and avoid defaulting on the United States' debt. Partnership for Public Service President and CEO Max Stier says the nation should do away with the dysfunctional process of funding the government through short-term spending bills, and explains how the mere threat of a government shutdown harms federal workers.
Biden urges passage of two key bills amid legislative "stalemate"
The president acknowledged deeply divided congressional Democrats are "getting down to the hard spot" in negotiations over passage of his massive social spending plan.
Extended interview: GOP Senator Tim Scott on "Face the Nation"
As budget battles and the conversation over police reform continue, Margaret Brennan sits down with key negotiator Senator Tim Scott for an update.
Scott talks collapse of police reform deal
The South Carolina Republican senator, the top Republican negotiator on police reform, blamed the collapse of the talks on Democrats' "defunding the police" agenda.
Scott claims Democrats' police reforms cut police funding
The South Carolina Republican senator spoke with "Face the Nation" moderator Margaret Brennan about the collapse of police reform negotiations in Congress.
Partisan claims fly as lawmakers face off over the debt ceiling
Legislation that determines spending and revenue has already been approved, while raising the debt ceiling is about paying those bills.
Clock ticking on crucial Congressional deadlines
Time is running out for Congress to pass a funding bill to prevent the federal government from shutting down. CBS News congressional correspondent Nikole Killion joins CBSN anchor Lana Zak to discuss what's preventing lawmakers from reaching an agreement and what could happen if they don't.
Democrat criticizes response to migrant camp
The Biden administration's special envoy to Haiti resigned following the expulsions of Haitian migrants to their home country. Thousands of migrants have been camping under a bridge on the southern border in Texas for several days, and the White House now says horses will no longer be used at the Del Rio border after video footage showed agents aggressively dispersing Haitians. Congressman Andy Levin, a Democrat from Michigan, joined CBSN's Tanya Rivero to discuss that and efforts to raise the U.S. debt ceiling and keep the federal government from shutting down.
Republicans blocking action on debt ceiling
Senate Republican leader Mitch McConnell continues to hold out against raising the federal debt ceiling, and experts warn the failure to do so could result in economic catastrophe. CBS News congressional correspondent Nikole Killion and Washington Post White House economics reporter Jeff Stein joined Vladimir Duthiers on CBSN to discuss the Senate stand-off.
Senate debates raising U.S. debt ceiling
The Senate is deadlocked in the debate over raising the debt ceiling. If the limit is not raised, the country risks going into default on its debt. Lawmakers on both sides agree the ceiling needs to be raised, and experts warn if it isn't, it could be catastrophic for the U.S. economy. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss what's at stake.
Key aspects of Biden agenda at risk
Democrats are working to pass President Biden's infrastructure bill and stopgap funding to keep the government running. CBS News political contributor and Democratic strategist Joel Payne joins CBSN's Tanya Rivero with more on the legislative fight.
Podesta warns Democrats they'll fall short on $3.5 trillion bill
The former White House chief of staff for Bill Clinton and counselor to Barack Obama sent a note to every Democratic congressional office.
House Democrats pass bill to fund government
The U.S. House of Representatives passed a short-term government funding and debt limit increase bill Tuesday night with zero Republican support. The bill now heads to the Senate where Republicans have vowed to oppose it. CBS News congressional correspondent Nikole Killion joins CBSN AM to discuss.
Debt-ceiling impasse could spark recession, 9% unemployment
Failure by lawmakers to raise the government's borrowing limit would throw economy into reverse, economist warns.
Republicans dig in on debt limit
The short-term budget passed by the House on Tuesday that would keep the government running and avoid default will fail in the Senate without Republican support.
House clears stopgap measure to avert shutdown and suspend debt ceiling
The short-term continuing resolution was passed in a party-line vote of 220 to 211. It sets up a possible showdown with Republicans.
What happens if Congress doesn't raise the debt ceiling?
If the U.S. government cannot pay its bills, millions of Americans, including Social Security recipients and veterans, could be affected.
Biden urges focus on "our collective future"
In his first address to the U.N. General Assembly, President Biden said the U.S. is shifting its focus to global issues like climate change and cyber threats. CBS News' Michael George joins CBSN's "Red & Blue" anchor Elaine Quijano with the details. Then Axios' congressional reporter Alayna Treene and the Boston Globe's Washington bureau chief Liz Goodwin discuss the debt ceiling standoff and former President Trump's upcoming rally in Georgia.
Congress faces debt ceiling standoff
Congressional Democrats are pushing to raise the national debt ceiling before the government funding runs out at the end of the month. But Republicans say they will not support stopgap funding legislation. CBS News congressional correspondent Nikole Killion joins CBSN with the latest.
Democrats plan to include debt limit suspension in stopgap funding bill
Senate Minority Leader Mitch McConnell held strong Monday on his assertion that Republicans will not help Democrats address the debt ceiling.
Biden's foreign and domestic challenges
President Joe Biden will address the United Nations General Assembly in New York City on Tuesday for the first time since taking office. It follows the difficult withdrawal from Afghanistan and criticism from NATO allies. CBS News senior White House and political correspondent Ed O'Keefe, Politico White House correspondent Natasha Korecki and Insider political reporter Oma Seddiq join CBSN's "Red & Blue" anchor Elaine Quijano with more on that, plus the latest on COVID vaccine efforts and a looming deadline to keep the U.S. government funded.
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