Rep. Dusty Johnson on "The Takeout"
South Dakota Congressman Dusty Johnson joins Major Garrett for this week's episode of "The Takeout" to discuss the negotiations over raising the debt ceiling and why he's not in favor of banning assault weapons.
Debt Ceiling
Trump spending law deficit concerns
A new Congressional Budget Office report projects President Trump's tax and spending law will add more than $3 trillion to the federal deficit over the next decade. Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, joins "The Daily Report" with more.
How Senate GOP could change Trump budget bill
Senate Republicans will begin rewriting the House budget bill, which contains President Trump's economic agenda, this week. Former GOP Rep. Kevin Brady of Texas joins "The Takeout" to describe what it was like when that happened to him in 2017.
How the national debt reached $36.2 trillion
The national debt stands at about $36.2 trillion, and economists are concerned aboutthe growing deficit's impact. Here's what to know.
Stock futures fall after Moody's downgrades U.S. credit rating
Stock futures slide as investors absorb news of Moody's U.S. credit downgrade.
5/28: The Takeout: Rep. Brendan Boyle
House Budget Committee member Rep. Brendan Boyle sits down with Major Garrett on "The Takeout." The Democratic congressman from Pennsylvania recalls the 2011 debt negotiation drama, when the U.S. suffered a credit downgrade and increased borrowing costs. Now, Boyle lays out the stakes as lawmakers face a similar threat of default: "Here we are again, flirting with disaster."
6/4: The Takeout: Louisiana Sen. Bill Cassidy
Louisiana Sen. Bill Cassidy joins Major Garrett for this week's episode of "The Takeout" to discuss the debt ceiling negotiations on Capitol Hill, social security and healthcare spending, plus a discussion on governments' use of artificial intelligence, and the upcoming 2024 presidential election
Janet Yellen tells Congress that U.S. could hit debt limit in mid-January
Treasury Secretary Janet Yellen said her agency will need to start taking "extraordinary measures" or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling by mid-January.
How the House passed a last-minute funding bill
The House has passed a short-term funding bill to avert a government shutdown. After two versions of a continuing resolution fell apart earlier this week, House Republicans agreed to introduce a bill to fund the government through March, extend the Farm Bill and provide $110 billion in disaster aid. CBS News congressional correspondent Nikole Killion reports.
Jeffries on House passage of funding deal
Hours before the government was set to shut down Friday, the House approved a short-term funding deal to keep the lights on over the holiday. House Minority Leader Hakeem Jeffries called the bill's passage "a victory for the American people." Juliegrace Brufke, senior political reporter for The Daily Beast, and Scott MacFarlane, CBS News congressional correspondent, join to discuss.
House begins debate on new funding bill
The House is expected to vote Friday evening on a deal to fund the government and avert a shutdown over the holidays. An earlier version of the bill failed in a Thursday vote. CBS News' Nikole Killion and Caitlin Huey-Burns have the latest.
Manchin predicts Senate will go along with House on shutdown negotiations
West Virginia Sen. Joe Manchin told "Face the Nation with Margaret Brennan" he expects the tense negotiations on funding the government will end without a shutdown.
Trump wants debt ceiling raised or scrapped
President-elect Donald Trump is calling on Republicans to either raise or abolish the debt ceiling in a new spending bill to keep the government funded. CBS News political correspondent Caitlin Huey-Burns has more.
Congress wraps up 2023 without achieving much
2023 in Washington, D.C., can be summarized just as much by what didn't happen -- as by what did. CBS News senior White House and political correspondent Ed O'Keefe joins "America Decides" to recap Capitol Hill's year of chaos and inaction and to preview lawmakers' busy January schedule.
Top budget puzzles facing the nation
The first big test for the new speaker of the House will be negotiating government funding, which runs out in November. Alan Auerbach, economics professor at the University of California, Berkeley, joins CBS News to discuss the debates that need to happen to shrink the deficit.
House lawmakers continue spending talks
On Capitol Hill Tuesday, House Democrats are meeting after sending a letter to Speaker Kevin McCarthy outlining their response to the short-term spending proposal brought forward by some Republicans Monday. CBS News congressional correspondent Nikole Killion has more.
White House blames GOP for credit downgrade
Fitch Ratings downgraded the U.S. government's top credit rating on Tuesday. The White House in a statement said they disagreed with the decision and blamed Republicans, who they say were "cheerleading default." CBS News senior White House correspondent Weijia Jiang reports.
Here's what the Fed's interest rate pause means for your money
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
What's next for Congress after debt standoff?
With President Biden signing the debt ceiling bill over the weekend, some House Republicans who did not vote for it have voiced their discontent with Speaker Kevin McCarthy and the future of his role. CBS News congressional correspondent Nikole Killion reports from Capitol Hill.
McCarthy faces GOP criticism for debt deal
House Speaker Kevin McCarthy is lauding the debt ceiling deal he negotiated with President Biden and others to avert a potentially catastrophic default, but some far-right members of his party have different opinions. CBS News congressional correspondent Scott MacFarlane has more.
Mild recession possible as job numbers stay hot
The U.S. averted disaster by raising the debt ceiling, but a mild recession is still possible even as job numbers remain hot, according to the head of Bank of America. Mark Strassmann breaks down how the U.S. economy is doing.
Robert Rubin condemns threats to default on U.S. gov't debt
The United States avoided default this week when the House passed a bill to raise the debt ceiling. But Robert Rubin, who served as treasury secretary in the Clinton administration, says the political fight that jeopardized the government's ability to pay its bills threatened severe economic harm, and that any future fights over the debt ceiling are risky and irresponsible.
"Not good" to fight over debt limit
Bank of America CEO Brian Moynihan joined “Face the Nation” to discuss the economy after the nation averted a debt crisis.
Manchin: "Everything's on the table" for him
West Virginia Democratic Sen. Joe Manchin joined “Face the Nation” to discuss his plans for the future in addition to the bipartisan deal to cut federal spending and suspend the nation's debt ceiling, averting a crisis.
GOP rep. won't rule out government shutdown
President Biden signed a bipartisan deal to cut federal spending and suspend the nation's debt ceiling just hours before what could have been a catastrophic default. Republican Congressman Garret Graves, who led GOP negotiators during the debate over raising the debt ceiling, joined “Face the Nation” from Baton Rouge, Louisiana, to discuss what’s next for the country.
Live
Trump lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
One NYC neighborhood has dozens of adult daycares. Now the feds have questions.
Investigations are underway into possible fraudulent activity at some of these kinds of facilities across New York, CBS News has learned.
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
2 people climb to top of NYC's Empire State Building, appear to get engaged
Two people climbed to the top of the Empire State Building's transmission tower, unfurled a banner, and then apparently got engaged Wednesday afternoon.
Former CIA Director Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
This July 4th could be hottest ever in parts of U.S.
Extremely dangerous heat, coupled with humidity, could result in heat index readings of 100 to 115 degrees from the Midwest to the East Coast, forecasters said.
Jaylen Brown reportedly traded from Celtics to 76ers
Jaylen Brown is done with the Boston Celtics. The Celtics have traded Brown to Philadelphia 76ers.
U.S.
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Couples are spending thousands more on weddings. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
MoneyWatch
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Couples are spending thousands more on weddings. Here's why.
Tariffs, inflation and changing consumer habits are reshaping how much Americans spend to tie the knot.
What is the "buy, borrow, die" tax strategy Gavin Newsom wants to ban?
As a proposed billionaire tax in California moves forward, Gov. Newsom says other approaches are needed, including closing a tax loophole used by the ultra-rich.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Anthropic says Trump admin. lifted restrictions on powerful Claude AI models
Artificial intelligence giant Anthropic says the federal government lifted a set of restrictions on its powerful Claude Fable 5 and Mythos 5 models, resolving a weekslong dispute.
Politics
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About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
One NYC neighborhood has dozens of adult daycares. Now the feds have questions.
Investigations are underway into possible fraudulent activity at some of these kinds of facilities across New York, CBS News has learned.
Former CIA Director John Brennan sues DOJ, Trump officials over criminal probes
Brennan is seeking a court order to force the preservation of records in the investigations targeting him. His attorneys say he's being "vindictively singled out for investigation."
More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
U.S. says it won't extend key trade deal with Canada and Mexico
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
HealthWatch
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Actor Danny Glover reveals Alzheimer's diagnosis
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Medicare to help pay for some GLP-1 drugs
Starting Wednesday, Medicare will help pay for some GLP-1 medications for weight loss. CBS News medical correspondent Dr. Celine Gounder explains what this means for patients.
New disease threats follow Trump administration's health program cuts
From screwworm to flesh-eating bacteria, mounting public health risks are emerging in the wake of deep cuts to federal health agencies and programs.
What is the viral trend looksmaxxing?
Looksmaxxing is a viral and controversial trend that encourages young men to maximize their appearance. Adam Yamaguchi shows why it's resonating with some people.
He dreamed of becoming a physician assistant. New loan rules may thwart him.
Starting July 1, the government will cap what graduate students may borrow in federal loans, forcing many toward private lenders with higher interest rates.
World
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About 2,000 U.S. troops supporting relief efforts after Venezuela earthquakes
Almost 60,000 buildings may have been damaged or destroyed in Venezuela after two powerful earthquakes last week, according to a NASA satellite assessment.
U.S. helicopter goes down in Arabian Sea, crew member missing, Navy says
The helicopter, which was assigned to the USS George H.W. Bush, is not believed to have been taken down by hostile action, the Navy said.
Dog pulled from rubble 5 days after Venezuela quakes, video shows
Dramatic video showed the moment a rescue team pulled a small dog from the rubble nearly a week after twin earthquakes devastated Venezuela.
How Iran could try to control the Strait of Hormuz — and profit from it
Some experts say the Strait of Hormuz will not return to its pre-war state, so what could the future of this vital shipping lane look like?
Live
Trump lauds "very good meetings" as indirect U.S.-Iran talks resume
Vance says the U.S. has accomplished its "core mission" in Iran, as Steve Witkoff and Jared Kushner meet mediators in Qatar, but not Iranians.
Entertainment
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Entertainment
CBS News journalists on Swift-Kelce wedding
Rumors are swirling about Taylor Swift and Travis Kelce tying the knot at Madison Square Garden. CBS News' Olivia Rinaldi and Gabrielle Ake, self-described Swifties, join "The Takeout" with the latest.
What we know about rumored Swift-Kelce wedding
Taylor Swift and Travis Kelce's wedding festivities are expected to begin Thursday, sources said. Crews have been spotted at Madison Square Garden in New York City unloading equipment ahead of the July Fourth weekend. Here's what we know so far.
Swift-Kelce wedding events taking shape
Taylor Swift and Travis Kelce's wedding events are set to begin in New York City, sources say. CBS News' Jo Ling Kent has the latest.
Sophia Bush, Jerry O'Connell on new comedy
Sophia Bush and Jerry O'Connell join CBS News 24/7 Mornings to discuss their new comedy, "Summer's Last Resort," which premieres on Tubi July 3.
Stars talk "Summer's Last Resort" comedy
Sophia Bush and Jerry O'Connell talk to "CBS Mornings" about starring in the coming-of-age comedy "Summer's Last Resort." Bush discusses what drew her to the project and says there was "never a dull day on set," while O'Connell reveals what his daughters thought about the film.
Technology
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Technology
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
White House lifted AI limits, Anthropic says
Tech giant Anthropic says that the federal government has now removed restrictions from its robust Claude Fable 5 and Mythos 5 models. Axios reporter Madison Mills has more on artificial intelligence regulation.
How AI powered robots are helping small farms
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.
Sony to stop making physical discs for PlayStation starting in 2028
After January 2028, new games will be available exclusively in digital format from the PlayStation Store and at retailers, Sony said.
Consumers need protection from AI agents, lawmaker says
Sen. Mark Warner wants to create a federal registry of trusted AI agents and ensure autonomous bots operate like fiduciaries.
Science
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Science
NASA strives to save doomed telescope
NASA is in a race against time as the Swift Observatory telescope in orbit sinks closer to Earth. CBS News consultant William Harwood explains the $30 million salvage operation.
Fossil found in drawer turns out to be first dinosaur bone from Antarctica
Dinosaur fossils are rare to find in Antarctica because of the unforgiving ice caps. But millions of years ago, the region was populated by lush forests.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Ancient Egyptian burial site reveals centuries of changing traditions
Human and animal remains unearthed in Egypt's Nile Delta reveal changing funerary practices over some 600 years, and the evolution of a key site itself.
Crime
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More than 1,000 cases under review after Broadview Six misconduct revelations
More than 1,000 grand jury presentations are under review after charges were dismissed in the "Broadview Six" case due to grand jury abuses and prosecutorial misconduct, Chicago's top federal prosecutor said.
Potential charges for Empire State Building climbers
Two people climbed to the top of the Empire State Building Wednesday and unfurled a banner before seemingly getting engaged. CBS News law enforcement contributor Rodney Harrison has more on what repercussions the couple could face.
Couple climbs Empire State Building: Details
Two people climbed to the top of the Empire State Building in New York City on Wednesday, unfurling a banner and appearing to get engaged. CBS News' Tom Hanson and Shanelle Kaul have more.
3 in custody after CBS News Chicago crew attacked near Adler Planetarium
During the incident, a reporter and photographer were approached by three men, one with a dog, before their news truck and gear were destroyed.
U.S. announces new bank alert targeting powerful drug cartel
Two men and nine companies are accused of being tied to a cartel-linked fuel theft ring intended to evade taxes while generating tens of millions of dollars annually.
Space
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NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
6/27: CBS Weekend News
High winds and heat are fueling Utah's out-of-control wildfires; Iranian drones target Bahrain after U.S. strikes Iran.
U.S. prepares to take on Bosnia in World Cup
World Cup fever is in full swing in California, where the U.S. Men's National Team is preparing to take the field on Wednesday in its first knockout stage match of the tournament against Bosnia and Herzegovina. CBS News correspondent Nicole Valdes has more.
Democratic socialists and the Democrats' future
Democratic socialists celebrated yet another primary victory in Colorado on Wednesday. Newcomer Melat Kiros ended Congresswoman Diana DeGette's 30-year hold on the state's first congressional district. CBS News' Anthony Salvanto breaks it down.
Feds probe spending on social adult daycares
Dozens of Medicaid-funded social adult daycare centers are packed into one New York City neighborhood, a CBS News data analysis has found. And national investigative correspondent Tom Hanson learned federal authorities are looking into possible fraudulent activity at some facilities across New York state.
Trump speaks on financial disclosure release
President Trump claimed Wednesday he is not involved in his personal financial dealings. Disclosure forms released Tuesday revealed he made more than a billion dollars in cryptocurrency ventures last year. CBS News senior White House correspondent Weijia Jiang reports.