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.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
A senior Iranian military official rejected President Trump's ultimatum, calling it "a helpless, nervous, unbalanced and stupid action."
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Officials said the incident does not appear to be an intentional act based on a preliminary investigation.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
Some major retailers and other stores will close their doors on Easter, so it's best to plan ahead. Here's what to know.
One consumer reported sustaining bruising and burn injuries.
Goolsbee, president of the Federal Reserve Bank of Chicago, said mounting inflation risks "complicates the picture" on interest rates.
U.S. consumers are starting to feel the financial impact of the Iran war. Here's how the conflict is seeping into the economy.
The eye drops — sold under multiple brands — have been recalled over concerns about sterility, according to the FDA.
A U.S. crew member who went missing when an F-15E fighter jet was shot down over a remote area of Iran has been rescued by U.S. forces.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
Defense Secretary Pete Hegseth asked George to step down and take immediate retirement, CBS News exclusively reported earlier this week.
The changes were likely to affect Associate Attorney General Stanley Woodward, the No. 3 official at the Justice Department and Harmeet Dhillon, the Assistant Attorney General for the Civil Rights Division.
The war shows no signs of slowing as Iran responds to airstrikes with attacks across the region.
Every few months for the past three years, Jeff Vierstra has been receiving infusions in his spine that target and disable a mutated gene that made it likely he would develop ALS.
"CBS Saturday Morning" looks at an experimental treatment for amyotrophic lateral sclerosis, or Lou Gehrig's disease, that is bringing hope to some patients suffering from the neurodegenerative disease. To inquire about possible participation in Silence ALS, an initiative to develop individualized gene-based therapies for patients with other rare genetic forms of ALS, please write to silenceals@cumc.columbia.edu.
John Cantrell was enjoying his retirement until an unexpected condition forced him to choose between two kinds of heart surgery.
The Environmental Protection Agency also added microplastics to its contaminant candidate list for the first time.
The FDA approved a new GLP-1 drug from Eli Lilly. Dr. Jon LaPook breaks it down.
Hamideh Soleimani Afshar and her daughter were granted U.S. asylum in 2019, but the government is now moving to strip them of their green cards.
All men were charged Friday with arson and being reckless as to whether life would be endangered.
The attacks came as Ukrainian President Volodymyr Zelenskyy traveled to Istanbul for talks with Turkish President Recep Tayyip Erdogan.
The incident comes after a string of similar nighttime attacks across Europe that have heightened concerns over antisemitism.
Videos broadcast by local television stations showed a large crowd of fans in the south stands amidst an explosion of fireworks.
The search continues for a missing American service member after Iran shot down an F-15E fighter jet on Friday. Meanwhile, the Artemis II passed its halfway point to the moon.
Kenan Thompson sits down with Kelly O'Grady to reflect on his career and parenthood while discussing his new children's book "Unfunny Bunny."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "It's Called Doubt."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "The Luckier Ones."
Alabama native Drayton Farley was working at a local auto plant and making bedroom recordings just a few years ago. Now he's being compared to Americana greats like Tyler Childers and Jason Isbell. His new album, "A Heavy Duty Heart," is out now. Here's Drayton Farley performing "I Need Your Love."
According to numbers from U.S. Citizenship and Immigration Services, more than 70% of H-1B visa holders in 2024 were Indian.
"CBS Mornings" sits down with Tristan Harris, co-founder and president of the Center for Humane Technology, who is featured in the 2026 documentary, "The AI Doc: Or How I Became an Apocaloptimist."
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.
CBS News contributor Patrick McGee joins "The Daily Report" to discuss the codependent relationship between Apple and China, a country that manufactures hundreds of millions of iPhones every year.
The JPMorgan Chase CEO said the bank may one day introduce prediction market features, but said "there's a bunch of stuff we won't do" in that space.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
Four astronauts are traveling around the moon on Artemis II, going further from Earth than anyone before. CBS News' Mark Strassmann and Peter King have more.
Former NASA astronaut Clayton Anderson joins CBS News to discuss what the Artemis II astronauts will do as they orbit the Earth after takeoff.
Members of the Artemis II crew will be the first people to sleep inside the Orion spacecraft. CBS News' Kris Van Cleave has more on how they'll do that.
The science and technology behind using the restroom in space continues to evolve. CBS News senior transportation correspondent Kris Van Cleave looks at the out-of-this-world facilities available to the Artemis II crew.
When Harold Allen died suddenly in his home in Freetown, Indiana, no one suspected anything out of the ordinary. Nine months later, a burglary at his home would lead to a murder investigation and an unusual weapon.
After Dee Warner, a Michigan businesswoman and mother, disappeared from her home, her family believed she has been murdered and suspected her husband Dale Warner. But without physical evidence, they knew it would be hard to prove.
Janice Randle was found dead in her bed in 1992, but police couldn't make an arrest in the case until new information emerged.
On April 3, 1996, the FBI arrested Theodore Kaczynski in the Unabomber case, ending one of the longest and most intense manhunts in U.S. history. Watch CBS News' coverage from that day.
President Trump's firing of Attorney General Pam Bondi is raising questions about their dynamic in the months prior. CBS News' Weijia Jiang reports.
Amid ongoing toilet trouble, the Artemis II astronauts reflected on the wonder of sailing through deep space to the moon.
The Artemis II astronauts continued their long coast to the moon, capturing stunning photos along the way.
The photo shows the entire planet, as well as the Northern and Southern lights.
The engine firing provided a slingshot-like boost to the Orion capsule, speeding it to 24,500 mph, the velocity needed to break free of Earth's gravitational clasp for a trek to the moon.
NASA's Artemis II astronauts will spend about 24 hours orbiting the Earth and running checks on their spacecraft and life support systems before heading to the moon.
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.
A burglar caught red-handed leads police to a killer and a poisoned root beer float. "48 Hours" correspondent Peter Van Sant reports.
When a woman disappears, her children are certain she's been murdered. But without a body, they know it will be hard to get justice. "48 Hours" correspondent Erin Moriarty reports.
The second U.S. crew member from the downed F-15E in Iran was rescued by special forces, according to multiple U.S. officials and President Trump. Carissa Lawson anchors this Special Report.
The Artemis II astronauts spoke with CBS News senior national correspondent Mark Strassmann from space as they flew closer to the moon.
For 100 years, the Harlem Globetrotters have been sharing the game of basketball around the world. Jericka Duncan caught up with them after a century of tricks and laughs.