GOP rep. says he's not ruling out a government shutdown
A shutdown would occur if Congress doesn't approve or extend government funding in the fall.
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A shutdown would occur if Congress doesn't approve or extend government funding in the fall.
The political fight that jeopardized the government's ability to pay its bills threatened severe economic harm; Robert Rubin warns any future fights over the debt ceiling are risky and irresponsible.
President Biden Saturday signed a bipartisan bill that will suspend the nation's debt ceiling and avoid what could have been a catastrophic government default. Christina Ruffini has more.
President Joe Biden addressed the debt ceiling deal in a speech from the Oval Office, saying the bipartisan agreement avoids "economic collapse." Meanwhile, the stock market rallied behind a strong jobs report. Christina Ruffini has more.
The Labor Department reported Friday that the U.S. added another 339,000 jobs in May, more than double what economists were predicting. The report comes just after Congress passed the contentious debt relief bill, helping to avoid a catastrophic government default. Nancy Cordes has more.
President Biden delivered remarks from the Oval Office Friday night after Congress passed bipartisan legislation to suspend the U.S. debt limit until 2025. Watch his address in this CBS News Special Report, with analysis from Margaret Brennan and Nancy Cordes.
President Biden addressed the nation Friday night to mark the passage of the "Fiscal Responsibility Act," which will suspend the country's debt limit and prevent a catastrophic default. The president spent weeks negotiating with House Speaker Kevin McCarthy over a deal. CBS News chief White House correspondent Nancy Cordes discussed how the two sides reached a compromise.
The president spoke less than 24 hours after the Senate approved the agreement in a bipartisan vote.
The Senate approved legislation Thursday night to raise the debt ceiling and avoid a U.S. default. It's based on the deal President Biden and House Speaker Kevin McCarthy negotiated over Memorial Day Weekend. CBS News congressional correspondent Nikole Killion has more.
President Biden will sign the debt ceiling bill and address the nation Friday night, a day after Congress passed a deal brokered by Mr. Biden and House Speaker McCarthy. CBS News congressional correspondent Nikole Killion reports on which lawmakers are taking a victory lap on Capitol Hill after the nation avoided default.
The debt ceiling deal has cleared both chambers of Congress and is headed to the president's desk.
The legislation now goes to President Biden's desk, pulling the nation back from the brink of a financial crisis.
The Senate is racing to pass the debt ceiling bill approved by the House Wednesday night. Multiple senators claim they will vote against it. CBS News correspondents Nancy Cordes and Scott MacFarlane have the latest.
Senate Majority Leader Chuck Schumer said the Senate will stay in session until they send a debt limit bill to President Biden's desk. Schumer said any delays or changes to the bill that would move the legislation back to the House would "almost guarantee default."
Senate leaders are calling for the swift passage of the proposed debt ceiling plan, but it faces multiple criticisms from both sides of the aisle. CBS News congressional correspondent Scott MacFarlane joins with the latest from Capitol Hill.
Several senators on both sides of the aisle are vowing to vote against the bipartisan debt ceiling agreement. Joel Payne, CBS News political contributor and Democratic strategist, and Michael Ricci, communications director for the pro-Pence "Committed to America" PAC, join "America Decides" to discuss the bipartisan opposition to the debt ceiling bill and the latest developments in the 2024 GOP primary.
The Senate Thursday was debating a bill which would suspend the debt ceiling and avoid a U.S. government default. The bill passed the House on Wednesday. Treasury Secretary Jane Yellen has said the U.S. risks defaulting on its debt as soon as June 5.
The debt ceiling bill being debated in the Senate guarantees the end of the student loan repayment pause that's been in place since the early days of the pandemic. CBS News reporter Sarah Ewall-Wice has more.
The House passed the bill to raise the debt ceiling Wednesday. Now, the Senate will take it up.
A bipartisan vote in the House Wednesday night passed a bill to raise the nation's debt limit through 2025. The legislation now moves to the Senate where Majority Leader Chuck Schumer placed the bill on the Senate calendar late Wednesday night to fast-track a vote by week's end. Nikole Killion reports.
The House passed a bill to raise the nation's debt ceiling Wednesday evening, sending it to the Senate. President Biden, who brokered the deal with Speaker Kevin McCarthy, called it "good news," but lawmakers seem to remain divided. CBS News congressional correspondent Nikole Killion is following the latest from Capitol Hill.
A majority of Democrats and a majority of Republicans voted in favor of the Fiscal Responsibility Act.
Lawmakers voting on debt deal before deadline; not all GOP on same page over debt ceiling deal
The House of Representatives voted Wednesday night to pass a bill that will suspend the debt limit and avoid a catastrophic default. It now heads to the Senate. CBS News congressional correspondent Scott MacFarlane reports from Capitol Hill.
While many Republicans on Capitol Hill have praised Speaker McCarthy and the debt ceiling agreement, others haven't been shy to voice their dismay. Republican Congressmen Garret Graves and Patrick McHenry, who helped negotiate the deal, join "America Decides" to respond to conservative criticism of the compromise.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Authorities say the FBI has arrested a man suspected of placing pipe bombs outside RNC and DNC headquarters on the eve of the Jan. 6, 2021, Capitol riot.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The Trump administration said it would reduce the period of time that work permits are valid for refugees, asylees and other immigrants granted legal protections in the U.S.
The current architect, with whom President Trump has some disagreements, will remain on the White House ballroom team, sources said.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
At least 87 people have been killed since the vessel strikes began in early September.
Federal prosecutors on Thursday presented an indictment of New York Attorney General Letitia James to a grand jury in Norfolk, Virginia.
Texas approved a new congressional map this summer after Trump urged state GOP lawmakers to craft new House district lines to help Republicans hold onto their majority in the 2026 midterms.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
Job cuts so far this year are at their highest levels since 2020, new report says.
President Trump suggested Americans won't have to pay personal income taxes "in the not-too-distant future" because of rising U.S. tariffs.
The Trump administration proposed rules that would weaken fuel economy standards for vehicles set under President Biden in 2024.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
As intrigue grows over whether Texas Democratic Rep. Jasmine Crockett plans to announce a U.S. Senate campaign next week, she confirmed to CBS News she's spoken with would-be opponents.
A U.S. District Court decision to end the deployment of National Guard members to Washington, D.C., is now on hold.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
ICE began enhanced operations in the Minneapolis-St. Paul area this week, as President Trump rails against Somali people in Minnesota.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
The holiday season can be a wonderful, but also stressful time – filled with unrealistic expectations. A recent poll found 41% of adults anticipate more holiday stress this year. Psychiatrist Dr. Sue Varma has tips to unwind during the holidays.
Investigations released by the Navy into accidents involving the Truman Carrier Strike Group recommended ensuring processes are followed even when faced with adversity.
At least 87 people have been killed since the vessel strikes began in early September.
The United Kingdom and Norway have signed a pact to create a naval alliance in the North Atlantic, aimed at protecting undersea cables and hunting Russian submarines.
The facility teaches both civilians and military personnel the skills to fly drones and hit targets.
"What I saw in that room was one of the most troubling things I've seen in my time in public service," Democratic Rep. Jim Himes said.
Lucy Liu talks about starring in and producing the movie "Rosemead," why she says the story resonates universally and reflecting on personal experiences for the film.
Steve Cropper co-wrote several classics, including "(Sittin' on) the Dock of the Bay," "Green Onions" and "In the Midnight Hour."
Grammy winning DJ and producer Kaytranada has become one of the most influential voices in dance and electronic music, and has collaborated with top artists. He spoke with "CBS Mornings" about his latest album, touring and his journey in music.
Actor and comedian Richie Moriarty talks with "CBS Mornings" about the fifth season of the comedy series "Ghosts," what's next for his character and how the cast has bonded.
For more than a century, the pages of Architectural Digest magazine have captured not only timeless designs but also the spirit of their subjects' homes. Their distillation of private spaces is featured in a new book, "AD at Home: Architectural Digest." Serena Altschul talks with editor Amy Astley about the magazine's treatments; and with actor Liev Schreiber and designer Marc Jacobs about what it means to open up one's living space to the magazine's photographers.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
Google has released its list of the 2025 top search trends. Robert Ferrera, a Google Trends expert, joins CBS News 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.
India's government, amid an uproar over privacy, has revoked an order quietly issued to smartphone makers to pre-install a state-run security app.
OpenAI has declared a "code red" as Google threatens to unseat the AI industry's early leader, according to the Wall Street Journal. Technology journalist Jacob Ward joins CBS News to discuss.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Newly unsealed evidence sheds light on Luigi Mangione's arrest at a Pennsylvania McDonald's. CBS News legal reporter Katrina Kaufman has the details.
Luigi Mangione's pretrial hearing continued on Thursday, one year after UnitedHealthcare CEO Brian Thompson was killed. CBS News legal reporter Katrina Kaufman has more.
A suspect is in custody nearly five years after two pipe bombs were planted in Washington, D.C., the night before the Jan. 6 Capitol riot. Attorney General Pam Bondi said 30-year-old Brian Cole Jr. was arrested in Virginia on Thursday morning. CBS News' Anna Schecter has more.
Federal authorities on Thursday arrested a suspect in the case of two pipe bombs placed outside the Democratic and Republican National Committee headquarters the night before the Jan. 6th Capitol riot. CBS News senior White House reporter Jennifer Jacobs has the details.
Luigi Mangione's pretrial hearing continued Thursday in New York. CBS News' Anna Schecter has the details.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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.
On the one-year mark of the fatal shooting of UnitedHealthcare CEO Brian Thompson on a New York City sidewalk, a hearing was held to determine what evidence is admissible in the trial of his accused killer, Luigi Mangione. Alice Gainer reports.
A northern Virginia man was arrested and accused of placing two pipe bombs outside the Democratic National Committee and Republican National Committee headquarters on the eve of the Capitol riot on Jan. 6, 2021. Scott MacFarlane has details.
An early season Arctic blast sent shivers through the Midwest and Northeast as temperatures tumbled far below normal. Lana Zak reports and Lonnie Quinn has the forecast.
For most of his life, Ed Bambas worked toward his American dream. But in 2019, at 82, he found himself doing what most retirees never imagine: going back to work. That was, until a stranger approached him with a question. Tom Hanson has the story.
President Trump and first lady Melania Trump lit the national Christmas tree on Thursday. Melania's White House Christmas theme this year is "Home Is Where the Heart Is." White House expert Jennifer Pickens joins CBS News to discuss.