U.S. budget deficit surpasses $1 trillion
Gap between what the government spends and how much money it takes in reaches highest level since 2012
Federal Government of the United States
U.S. deficit will top $1 trillion next year, watchdog says
Over the next decade, the U.S. will spend about $1.2 trillion more than it takes in every year, CBO estimates
Hiking minimum wage to $15 would boost pay for up to 27 million, CBO says
The increase would affect more people than work in the entire manufacturing sector, but it could also cause job losses
Dick Durbin tells Betsy DeVos cuts to Special Olympics get "gold medal for insensitivity"
Trump later overruled DeVos, saying the Special Olympics would be funded
Trump budget calls for ending student loan forgiveness program
The program forgives student loans for workers in the government and some nonprofits after they make payments for 10 years
Federal budget deficit leaps 77 percent so far for fiscal 2019
As spending keeps rising, tax revenues are sliding, exploding the October to January budget gap
Trump admin proposes cutting millions from Planned Parenthood
It’s the most concrete step that the administration has taken to limit abortion access since President Trump’s inauguration
Two lawmakers call for end to unlicensed migrant children detention facilities
A bill proposed by Sen. Jeff Merkley and Rep. Judy Chu would shutter the country's largest facility for migrant kids
Trump says Republicans "won" on failed Senate votes
Democratic bill to reopen government still received more votes than the Trump proposal in a Republican-controlled Senate
Furloughed federal workers cost $1,001 a second not to work
New analysis estimates that the ongoing government shutdown is costing taxpayers $86 million per day in back pay
More federal workers seeking new jobs during shutdown
Website's data show a spike in job searches from workers at agencies that have gone unfunded — and it's spreading
Pelosi says she'll meet with Trump "anytime" but not for a "photo-op"
After President Trump agreed to postpone his State of the Union address until the government reopens, Pelosi said she would meet with him "anytime he wants"
Senate to vote on bills to fund government, though unlikely to pass
Competing bills being taken up in the Senate today are unlikely to end the government shutdown impasse
State of the Union unlikely to be in House if government not open, Democrat says
House Democratic caucus chairman Hakeem Jeffries says Trump's State of the Union address is unlikely to be held in the House chamber if the government shutdown isn't over by next week
Aerospace company, wings chain and FBI: Shutdown pinch is spreading
The partial government shutdown is now entering day 33
Federal workers to miss 2nd paycheck if government doesn't reopen
The government shutdown has entered its fifth week, the longest in American history
House, Senate pursue different bills to end record shutdown
Neither path being pursued by the House and the Senate are likely to end the partial government shutdown that is in its fifth week, the longest in U.S. history
George W. Bush calls for an end to the shutdown through pizza deliveries
George W. Bush posted a picture on Instagram of delivering pizzas to his secret service detail
Will Washington pass the "10 Year Challenge"?
"CBS This Morning" co-host John Dickerson reflects on where we were a decade ago and poses a challenge to Washington
Shutdown takes toll on wildfire preparations
The winter months are critical for wildfire managers who use the break from the flames to prepare for the next onslaught
Government shutdown lays out "welcome mat" for hackers
Trained staffers at the nation’s most important cyber-defense agencies are not working due to the partial government shutdown
Science gets shut down along with the federal government
Scientists and engineers across the country – indeed, across the globe – rely on information that's ground to a halt during the shutdown
TSA workers to get $500 bonuses during shutdown
TSA officers have been working without pay as the shutdown continues, becoming the longest in history
Free markets for federal workers affected by shutdown open in D.C. area
Five pop-up food banks are opening in the D.C. area Saturday for federal workers
Shutdown pinches small businesses across U.S.
Fewer tips, construction delays, product-approval hold-ups -- all mean less local spending by Uncle Sam
Trump and Zelenskyy say they're nearly in agreement on Ukraine peace plan
President Trump met with Ukrainian President Volodymyr Zelenskyy after he said he had a "good and very productive" call with Russian President Vladimir Putin.
Exclusive
Bondi Beach shooting hero says he just wanted to save innocent people
Ahmed al Ahmed, the man hailed as a hero for disarming one of the gunmen behind a deadly antisemitic attack on Australia's Bondi Beach, says he just wanted to save innocent people.
China launches 2 days of live-fire military drills around Taiwan
China launched live-fire drills around Taiwan on Monday that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."
U.S. slashes pledge for U.N. humanitarian aid funding by billions
The U.S. announced a $2 billion pledge for U.N. humanitarian aid as the Trump administration continues to slash U.S. foreign assistance and warns United Nations agencies to "adapt, shrink or die" in a time of new financial realities.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
1 dead after 2 helicopters crash in southern N.J.
One person was killed and another was critically injured after a helicopter collision
Train accident in southern Mexico leaves at least 13 dead and dozens injured
Officials said a train accident in southern Mexico killed at least 13 people and injured dozens, halting traffic along a rail line connecting the Pacific Ocean with the Gulf of Mexico.
Ski patroller dies after getting caught in California avalanche, another hurt
A Mammoth Mountain ski patroller has died after he was caught in an avalanche while doing mitigation work on Friday, the resort said.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," Dec. 28, 2025
On this "Face the Nation with Margaret Brennan" broadcast, CBS News correspondents Major Garrett, Robert Costa, Jan Crawford, Jennifer Jacobs and Scott MacFarlane join Margaret Brennan.
Mine in South Korean to offer U.S. new source of a critical war metal
China dominates the supply of critical minerals such as tungsten, but a U.S. push for alternative sources has found one, deep inside a South Korean mountain.
"Hail and farewell": A tribute to those we lost in 2025
"Sunday Morning" looks back at some of the newsworthy men and women who passed away this year – from musicians and storytellers, to activists and statesmen – who touched us with their creativity and humanity.
Luke Burbank on making realistic New Year's resolutions
Forget about hitting the gym, or signing up for a foreign language app. Luke Burbank resolves to do far better with his New Year's resolutions in 2026 by committing to goals he can actually keep … probably.
The history of the New Year's Eve ball drop
Since 1907, New Yorkers have marked the New Year with the ceremonial dropping of a huge ball in Times Square. Now, a brand-new ball, covered with more than 5,000 handcrafted Waterford Crystal discs, will help ring in 2026.
MoneyWatch
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Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
Planning to return unwanted Christmas gifts? You may be charged fees.
Several major retailers are now charging customers to return items even if they are unopened and in perfect condition.
U.S. stocks hover at record highs after the Christmas holiday
Stocks are mostly flat in quiet morning trading on Friday as investors return from the Christmas holiday.
Here's what is open on the day after Christmas, from retailers to banks
With President Trump declaring Dec. 26 a federal holiday, here's what's open and closed on Dec. 26.
5 money moves to make in 2026, according to financial experts
As many Americans head into 2026 with mounting money worries, reviewing your finances now could help put you on firmer footing next year.
Politics
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French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
U.S. slashes pledge for U.N. humanitarian aid funding by billions
The U.S. announced a $2 billion pledge for U.N. humanitarian aid as the Trump administration continues to slash U.S. foreign assistance and warns United Nations agencies to "adapt, shrink or die" in a time of new financial realities.
Full transcript of "Face the Nation with Margaret Brennan," Dec. 28, 2025
On this "Face the Nation with Margaret Brennan" broadcast, CBS News correspondents Major Garrett, Robert Costa, Jan Crawford, Jennifer Jacobs and Scott MacFarlane join Margaret Brennan.
Trump and Zelenskyy say they're nearly in agreement on Ukraine peace plan
President Trump met with Ukrainian President Volodymyr Zelenskyy on Sunday after he said he had a "good and very productive" call with Russian President Vladimir Putin.
Bank of America CEO warns market "will punish people" without independent Fed
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
HealthWatch
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HealthWatch
Flu cases skyrocket across the U.S
Nearly five million flu cases have been reported nationwide, the CDC estimates, and at least 1,900 people have died from the virus. "CBS Saturday Morning" has more on why this year's strain is breaking records.
Baby defies all odds after growing outside his mom's womb
Suze Lopez, a 41-year-old nurse who lives in Bakersfield, California, didn't know she was pregnant with her second child until days before giving birth.
FDA approves Wegovy pill for weight loss
The Food and Drug Administration has approved a pill version of the weight-loss drug Wegovy.
Aetna to cover IVF treatments for same-sex couples in national settlement
A federal judge has approved a preliminary agreement for a class action lawsuit requiring Aetna to cover fertility treatments for same-sex couples as they do with heterosexual couples.
Flu season is ramping up, and some experts are "pretty worried"
Doctors and scientists say this year's influenza season could be tougher than usual, with a new version of the flu virus, called H3N2, spreading quickly.
World
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Body found in search for Spanish soccer coach and children in Indonesia
The family holiday in the park area turned tragic for Valencia CF Women's B coach Fernando Martín, 44, when the boat carrying him, his family, four crew members and a local guide sank.
French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
U.S. slashes pledge for U.N. humanitarian aid funding by billions
The U.S. announced a $2 billion pledge for U.N. humanitarian aid as the Trump administration continues to slash U.S. foreign assistance and warns United Nations agencies to "adapt, shrink or die" in a time of new financial realities.
Train accident in southern Mexico leaves at least 13 dead and dozens injured
Officials said a train accident in southern Mexico killed at least 13 people and injured dozens, halting traffic along a rail line connecting the Pacific Ocean with the Gulf of Mexico.
China launches 2 days of live-fire military drills around Taiwan
China launched live-fire drills around Taiwan that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."
Entertainment
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French split over Brigitte Bardot tribute due to her far right views
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
Brigitte Bardot dies at 91
Actress Brigitte Bardot has died at the age of 91. Elizabeth Palmer looks back on her life.
MetroCard art: Swiping beauty from the mundane
On December 31, New York City will officially retire the transit system's MetroCard, that ubiquitous piece of plastic used to gain entrance onto subways and buses. But there is beauty in using MetroCards as the raw materials for art, as Thomas McKean has found in his collages and miniature sculptures depicting portraits of city life. Serena Altschul reports.
2025: The year's top books
"Sunday Morning" checks out the bestselling fiction and non-fiction of the past year.
2025: The year's top movies
"Sunday Morning" checks out the highest-grossing films of the past year.
Technology
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Technology
Instacart ending AI price tests for retailers
Instacart says its ending its controversial system of using AI price tests for retailers. Earlier this month, an investigation by Consumer Reports and progressive think tank Groundwork Collaborative found that Instacart's algorithmic pricing charged various prices for the same item from the same store. Jo Ling Kent reports.
Tech companies push for data centers
Massive tech companies wanting to build more data centers in the U.S. are lobbying for support among Americans, according to a recent report by POLITICO. Gabby Miller joins CBS News with more on her reporting.
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.
Top tech gadgets of 2025
Timothy Werth, a tech editor at Mashable, joins "CBS News 24/7" to discuss the best gadgets of 2025.
Instacart to end AI price tests for retailers following investigation
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Science
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Major climate research center on Trump administration chopping block
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."
Researchers capture video of rare polar bear adoption
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.
Dinosaur tracks showing "herds moving in synchrony" found in Italy
Most of the footprints are elongated and made by bipeds. The best-preserved ones bear traces of at least four toes.
Interstellar comet is making its closest approach to Earth
NASA continues to aim its space telescopes at the visiting ice ball, estimated to be up to 3.5 miles in size.
Fossil footprints in Bolivia reveal dinosaurs' awkward attempts to swim
Paleontologists have discovered and documented 16,600 footprints left by theropods, the dinosaur group that includes the Tyrannosaurus rex.
Crime
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Knife attack in Suriname kills at least 9 people, police say
The attack took place in Richelieu in the Commewijne district about 25 kilometers (15 miles) east of Paramaribo.
Man says wife was killed by pipe coming through car windshield
Todd Kendhammer said his wife Barbara was killed in a freak accident, but a Wisconsin jury didn't believe him. Can his new attorneys upend the case with what they say is critical new evidence?
Man charged with fatal shooting of woman during backyard target practice
The victim was sitting with her family under a covered porch several blocks away when she was hit by a bullet, according to a probable cause affidavit.
Dad uses cellphone data to rescue missing daughter, police say
After a teen didn't return from walking her dog, her dad used cellphone data to find her in a secluded area two miles away.
What's next on the Epstein files release?
Lawmakers may take action against the Department of Justice for the delayed release of the Jeffrey Epstein files. CBS News legal contributor Jessica Levinson weighs in.
Space
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Space
NASA's search for next lunar rover
NASA astronauts took their first drive on the moon 54 years ago. Now, three companies are competing for a NASA contract to build a new lunar rover for use starting with the Artemis 5 mission in 2030. Kris Van Cleave reports.
Artemis 2 astronauts rehearse countdown for upcoming moon launch
NASA is gearing up to send four Artemis astronauts on looping test flight around the moon in 2026.
Woman is first wheelchair user launched into space
A German aerospace engineer made history Saturday, becoming the first wheelchair user to go into space when she took a 10-minute trip aboard a Blue Origin rocket.
Blue Origin safely launches wheelchair user to space and back
German engineer Michaela Benthaus is the first person with a significant physical handicap to reach space.
Jared Isaacman, billionaire who's flown with SpaceX, confirmed to lead NASA
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Latest Galleries
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Notable Deaths in 2025
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
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
Bondi Beach hero describes tackling gunman
Ahmed al Ahmed, who is being hailed as a Bondi Beach hero, told CBS News in an exclusive interview what was going through his mind as he tackled and disarmed one of the gunmen who opened fire at a Jewish celebration at the famous Sydney, Australia beach.
Handling travel delays amid severe weather
Travelers are dealing with delays and cancellations on Monday as severe weather hammers the U.S. Shanelle Kaul has more.
Winter storm could turn into bomb cyclone
A winter storm over the Northeast and Great Lakes regions might turn into a bomb cyclone. Rob Marciano breaks down the latest as severe weather continues to slam the U.S.
Eye Opener: Another winter storm hits Northeast
Winter weather is hammering the Northeast U.S. after slamming the Midwest over the weekend. Meanwhile, President Trump and Ukrainian President Volodymyr Zelenskyy met at Mar-a-Lago Sunday over a possible peace deal between Russia and Ukraine. All that and all that matters in today's Eye Opener.
Helicopters collide above New Jersey
One pilot is dead and another has life-threatening injuries after the helicopters they were operating collided in mid-air above New Jersey, about 35 miles southeast of Philadelphia. CBS Philadelphia's Ray Strickland has more.