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CBO warned that if debt ceiling isn't raised, "the government would be unable to pay its obligations fully, and it would delay making payments for its activities, default on its debt obligations, or both"
Harry Smith is joined by Rep. Michele Bachmann (R-MN), Rep. Debbie Wasserman Schultz (D-FL), Rep. Anthony Weiner (D-NY), and Rep. elect Mike Kelly (R-PA) to discuss what's ahead for the new Congress and spoke with Rep. Darrell Issa (R-CA) on his top priorities starting his new position as chairman of the House Oversight & Government Reform Committee.
Bob Schieffer spoke with Rep. Paul Ryan (R-Wis.) on raising the debt ceiling, spending cuts, and tax reform; Then, Bob Schieffer spoke with Sen. Mark Warner (D-Va.) on his bipartisan effort to try and solve America's budget crisis; Also, Bob Scheiffer comments on the government's smoke and mirror spending cuts.
Bob Schieffer is joined by Sen. Mark Kirk (R-Ill.), Sen. Chris Coons (D-Del.), Sen. Richard Blumenthal (D-Conn.), Rep. Tim Griffin (R-Ark.), and Rep. Joe Walsh (R-Ill.) to discuss America's involvement in Libya and Syria, raising the debt ceiling, and President Obama's investigation into rising gas prices; Also, Bob Schieffer comments on the royal wedding.
Trump plans to explore with Democratic leaders in Congress the possibility of permanently eliminating the cap
Since President Trump signed a critical debt ceiling bill last week, the national debt increased by $319 billion
Trump reveals how marginal conservatives have become, despite their large footprint in our political discourse
The Treasury secretary attended a closed-door conference meeting Friday and one lawmaker said "there was some hissing"
The Senate passed the measure that would provide nearly $15.3 billion in funding to help the Hurricane Harvey relief effort
On "The Takeout" McDaniel explains why she thinks Trump was right to make a deal with Democrats -- at the expense of GOP leaders
"It could be discussed," the president said, "There are a lot of good reasons to do that"
The measure, which has a Dec. 8 deadline for government funding and the debt limit now goes to the House for a final vote
The speaker said that the president didn't want a partisan "food fight" amid the hurricanes
The House is expected to vote this week on a $7.85 billion aid bill for the Hurricane Harvey relief effort
Harvey, Korea, the debt ceiling: Investors have lots to chew on as September, a troublesome month for Wall Street, looms
Treasury Secretary says he and Trump are on the "same page" when it comes to avoiding a government shutdown
Trump's latest tweets underscored the perilous state of play as Congress heads back to work
Trump says the two GOP leaders should have included the debt ceiling measure with the VA bill, which was easily approved by Congress
Here's the legislation lawmakers must pass, as well as the measures they'd like to pass, once they return from recess
A budget impasse in Congress now a coin toss, the Wall Street bank says, as White House rift with lawmakers deepens
Congress will likely have to pass an increase by the end of September because the beginning to middle of October has been eyed as the drop-dead deadline
Congress will likely have to lift the debt ceiling by the end of September
The estimate could change over the next few months
He still wants Congress to raise the debt limit by August, but now he says the U.S. won't default if that date slips
Congress faces a packed agenda: dealing with the debt ceiling, spending caps and preventing a government shutdown
Potentially thousands have died from the crackdown to quash unrest amid protests.
Jonathan Ross, who shot Renee Good in Minneapolis last week, suffered internal bleeding after the incident, two officials said, though it's not clear how extensive the bleeding was.
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
Two Republicans switched their votes after pressure from the White House.
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
The Trump administration has not yet disclosed many details about the deal.
After the meeting, Denmark's foreign minister said they're eager to work with the U.S. while respecting the "red lines of the Kingdom of Denmark."
Whole milk is heading back to school lunch cafeterias.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
FIntech company Bilt pounced on the opportunity to roll out low-APR credi cards, as big banks push back on proposed rate cap.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
A Verizon spokesperson confirmed to CBS News that the company is aware of "an issue impacting wireless voice and data services for some customers."
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Food prices in December saw their biggest jump in more than three years, data shows, while the cost of eating out has also risen.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Five congressional Democrats say they have received inquiries from the DOJ after they appeared in a video urging members of the military not to follow "illegal orders" — a move the lawmakers allege is political intimidation.
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
The State Department announced it will stop giving out visas to nationals of dozens of countries who are seeking to move to the U.S. permanently.
In 2023, life expectancy in the Loop was 87.3 years, while in West Garfield Park, life expectancy was just 66.6 years, according to the city's Health Department.
Illnesses linked to the New York-based Live it Up Super Greens brand powder were reported in 21 states from Aug. 22 to Dec. 30, 2025.
The U.S. Substance Abuse and Mental Health Services Administration, SAMHSA, lost around $1.9 billion in federal grants, which were abruptly terminated on Tuesday, a source said.
Every state will receive at least $100 million annually from the federal Rural Health Transformation fund, but some scored millions more based on their plans and willingness to pass policies embracing MAHA initiatives.
Roughly 1.4 million fewer Americans have signed up for an Affordable Care Act plan as expiring tax breaks drive up premiums.
Years after the first reports of Havana Syndrome emerged, U.S. officials have obtained and are testing a device that could be linked to the debilitating condition.
Rubina Aminian's mother forced her way into a morgue in search of her daughter, who her family says was shot in the head at close range.
Potentially thousands have died from the crackdown to quash unrest amid protests.
Steve Witkoff said the U.S. expects Hamas to immediately return the final deceased hostage as part of its obligations under the deal.
Experts tell CBS News what sort of options President Trump has to respond to Iran's brutal crackdown on protesters.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
"Sinners" stars Michael B. Jordan, Miles Caton and Wunmi Mosaku talk to "CBS Mornings" about the movie's recent success at the Golden Globes, the atmosphere on set and what they learned through the process.
Actor Ali Larter plays Angela Harris, the ex-wife of an oilman played by Billy Bob Thornton in the Paramount+ series "Landman." She talks to "CBS Mornings" about the series, working with Thornton and how she landed her role.
In a video provided to TMZ on Tuesday, Timothy Busfield said the allegations "are all lies."
Francois Arnaud joins "CBS Mornings" to talk about the popular series "Heated Rivalry," based on the "Game Changers" book series. It follows rising hockey stars Shane Hollander and Ilya Rozanov. What begins as a fling between two rivals turns into a yearslong journey of love, denial and self discovery. Arnaud plays Scott Hunter, a closeted gay professional hockey player in the same league who has fallen in love with a smoothie shop worker. He talks about the message in the series and how it developed into a hit show.
A widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
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.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
The Chinese mobile app "Are You Dead?" which sounds an alarm if a user doesn't check in every 48 hours, says it will drop its catchy name after it drew international media attention.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
A shooting occurred Wednesday night in north Minneapolis after ICE officers were attacked by men with shovels during an arrest operation, three U.S. officials told CBS News.
Another allegation against Busfield was reported to law enforcement the same day he turned himself in, according to a court filing.
The search continues in Virginia for a high school football coach charged with possessing child sexual assault material and using a computer to solicit a minor. CBS News breaking news correspondent Shanelle Kaul has the latest.
A trial is underway in northern Virginia for a man accused of plotting his wife's murder with help from his affair partner - the family's au pair. The former au pair was the first witness called to testify against Brendan Banfield. Jericka Duncan reports on the case.
The case has provoked anger and bewilderment from Russian politicians.
Crew 11 is expected to splash down off the coast of Southern California at 3:41 a.m. ET, closing out a 167-day stay in space.
The members of SpaceX Crew-11 undocked from the International Space Station on Wednesday, beginning their journey back to Earth. The crew is leaving a month early after NASA announced that an unnamed team member experienced an undisclosed "medical concern." Clayton Anderson, a former NASA astronaut who spent time on the ISS, joins "The Daily Report" to discuss.
Crew-11 is preparing for an unprecedented early return to Earth over concerns for an astronaut's medical condition aboard the International Space Station. Mike Massimino, a former NASA astronaut and engineering professor at Columbia University, joins with more.
Four members of Crew-11 are preparing to return to Earth from the International Space Station later this week after a "medical concern" prompted NASA to cancel a scheduled spacewalk. Former astronaut Dr. Scott Parazynski joins with his reaction.
Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships.
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 widespread Verizon outage hit the U.S. on Wednesday, leaving thousands of customers without service. CBS News' Karen Hua has more.
Legal representation for the state of California and the federal government were in court on Wednesday over the Golden State's new law that bans federal agents from wearing face coverings during operations. CBS News correspondent Nidia Cavazos reports.
President Trump says his administration has been notified that the killings and executions of anti-government protesters in Iran have stopped. CBS News Middle East reporter Courtney Kealy has more.
It's a long winter in Chicago when the Bears are bad, but walk into any bar in the city, especially after last week's comeback win over the Packers, and the winter is gone. Tony Dokoupil has details.
In an interview with "CBS Evening News" anchor, Chicago Mayor Brandon Johnson discusses what's driving disparities between different areas of the city, and what officials are doing to address them.