Biden signs temporary debt ceiling extension bill
The bill gives Congress just a temporary reprieve, as lawmakers now must find a way to address the debt limit by December 3.
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The bill gives Congress just a temporary reprieve, as lawmakers now must find a way to address the debt limit by December 3.
President Joe Biden is expected to sign a bill raising the debt limit through December 3, temporarily avoiding a financial catastrophe. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss the latest on the debt ceiling as well as the decrease in initial jobless claims and nationwide concern over inflation and supply chain issues.
An FDA advisory panel is meeting to discuss whether to recommend Moderna and Johnson and Johnson booster shots to help fight COVID-19. CBS News' Skyler Henry reports, and Dr. Kartik Cherabuddi joins CBSN to discuss the latest.
Today, President Biden is meeting virtually with officials and business stakeholders to discuss efforts to relieve transportation supply chain issues. He is set to give remarks following the meeting and will also sign the bill passed by the House yesterday to raise the debt ceiling until December. CBS News senior White House correspondent Weijia Jiang joins CBSN AM with more.
President Biden announced major U.S. ports and corporations will move to 24/7 operations to help alleviate the supply chain backlog. CBS News chief White House correspondent Ed O'Keefe joins CBSN's Lana Zak with more on the administration's efforts.
Administration officials say that will nearly double the number of hours ships can unload their containers at one of the nation's busiest ports.
Truckers at the Port of Los Angeles sometimes have to line up for hours just to pick up one container.
The White House says it has helped broker an agreement for the Port of Los Angeles to operate 24/7 to help address supply chain issues. CBS News' Natalie Brand reports on conditions driving up prices for consumers, and CBS News senior White House and political correspondent Ed O'Keefe joins CBSN's Tanya Rivero with more on the administration's response.
President Joe Biden is addressing issues in supply chains that are impacting many Americans. CBS News' Natalie Brand reports on what's behind the problems, and CBS News chief White House correspondent Nancy Cordes joined CBSN's Tanya Rivero with more on the president's remarks.
The Biden administration is proposing the Internal Revenue Service help fund the president's expansive social programs package by tracking down $7 trillion in unpaid taxes. CBS News MoneyWatch reporter Irina Ivanova explains to CBSN's Tanya Rivero why not everyone is happy about the proposal.
McAuliffe narrowly leads Youngkin; Biden and Trump loom large in nationalized contest.
For the first time since March 2020, the U.S. will allow vaccinated travelers to enter the country by land for non-essential activities, like tourism and family visits.
For some American families, the cost of child care is more than their mortgage. CBS MoneyWatch reporter Megan Cerullo joins CBSN's Tanya Rivero to break down the story.
Misinformation spread last week about President Biden's plan for funding for historically Black colleges and universities. His $3.5 trillion economic package includes $45 billion for institutions that serve minorities, but final figures are still being negotiated in Congress. Democratic strategist and CBS News political contributor Antjuan Seawright joins CBSN's Tanya Rivero to discuss.
House lawmakers are expected to pass a bill approved by the Senate last week to temporarily raise the nation's debt ceiling through December 3. CBS News congressional correspondent Nikole Killion joined CBSN with a look at what comes next.
Texas' Republican Governor Greg Abbott has signed an executive order banning "any entity" in his state from issuing a coronavirus vaccine mandate. Last month, President Biden announced that all companies with 100 employees or more will need to require vaccination or weekly COVID testing. On Tuesday, Mr. Biden is attending a virtual meeting with G20 leaders on the situation in Afghanistan. CBS News political contributor and Associated Press White House reporter Zeke Miller joins CBSN AM to discuss.
The select committee investigating the deadly Capitol riot is threatening to pursue criminal charges against former Trump adviser Steve Bannon for refusing to comply with a subpoena into the attack. It comes as President Biden is rejecting Former President Trump's assertion of executive privilege for documents related to January 6. Jessica Levinson, a CBS News legal contributor and professor at Loyola Law School, joins CBSN's Elaine Quijano with her analysis.
Democrats in Congress are facing growing pressure to pass President Biden's social spending bill, but new polling shows that many Americans are still unsure of the plan's specifics. CBS News elections and surveys director Anthony Salvanto joins CBSN AM to break down the latest information.
President Biden called for party unity at the Democratic National Committee fall meeting over the weekend, as progressives and moderates remain at odds over the scope of his "Build Back Better" social programs bill. A new CBS News poll finds that 54% of Americans approve of Mr. Biden's plan, but only 10% say they know what's in it. CBS News White House reporter Bo Erickson joins CBSN AM with the latest.
Four former Trump advisers have been subpoenaed by the House select committee investigating the January 6th attack on the Capitol. Mr. Trump tried to assert executive privilege to block the committee from viewing White House documents related to that day, but was denied by President Biden. CBS News legal contributor Rebecca Roiphe joins CBSN's Tanya Rivero to explain the subpoenas and Mr. Trump's attempts to fight them.
President Biden is the first sitting president to commemorate Indigenous Peoples' Day with a proclamation, in addition to recognizing October 11th as Columbus Day. Shaun Chapoose, tribal chairman of the Ute Tribe, joins CBSN's Tanya Rivero to discuss the significance of the day.
While polls show a slight majority of Americans in favor of President Biden's infrastructure bill, many Americans are nonetheless wary of its steep price tag. Many supporters of the bill also admit to not knowing its exact contents. Christina Ruffini reports.
Former President Donald Trump returned to Iowa for the first time since he lost the 2020 election for a rally on Saturday. He criticized President Biden and repeated his false narrative that the election was stolen. Kayla James, a reporter for CBS affiliate KCCI-TV, joins CBSN’s Lana Zak to discuss the rally.
Today on “Face the Nation,” the challenges facing America continue to grow..as Washington's window of opportunity to make bold changes continues to shrink
For many faith leaders, the Treasury Department's efforts to team up are unusual.