Debt ceiling talks hinge on budget cuts. Here's where the money goes.
Republican lawmakers want the government to slash federal spending, which ballooned during the pandemic.
Medicare
How a U.S. debt default could impact your money
"It's hard to overstate how bad it would be," one expert said. Everything from Social Security payments to your retirement fund could get hit.
National COVID emergency declaration ends
May 11 marks the end of the national COVID-19 health emergency declaration in the U.S. CBS News anchors Lana Zak and Errol Barnett spoke with Dr. Megan Ranney, deputy dean at Brown University School of Public Health, about what the end of the declaration means.
Federal probe finds hospitals that denied emergency abortion broke law
An investigation found two hospitals put a pregnant woman's life in jeopardy and violated federal law by refusing to provide an emergency abortion when she experienced premature labor at 17 weeks.
Poll: Large majority want to see debt ceiling raised to avoid default
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
5 money-saving tips for seniors this tax season
Taxes for older Americans can be complicated — here's what to keep in mind as the April 18 filing deadline nears.
Good savers, beware: Will you face a tax bomb in retirement?
If you're not strategic about how you save, you could end up with unnecessarily high tax bills in retirement.
Social Security, Medicare trust funds running out of money, official warn
Entitlement programs such as Social Security and Medicare could be forced to cut benefits as soon as 2031, according to a new report from the funds' trustees.
Russian fighter jet collides with U.S. drone
The Pentagon says a Russian fighter jet collided with an American drone over the Black Sea. CBS News national security correspondent David Martin reports, and senior White House and political correspondent Ed O'Keefe discusses Washington's response as well as President Biden's trip to Las Vegas, where he is set to talk about prescription drugs.
What's in Biden's budget plan?
President Biden heads to Philadelphia on Thursday to unveil his highly anticipated budget proposal. The plan calls for increasing the Medicare payroll tax on people making more than $400,000 a year, expanding the ability of Medicare to negotiate prescription drug prices and imposing a tax on the holdings of billionaires. CBS News senior White House and political correspondent Ed O'Keefe joined "CBS News Mornings" to discuss.
Biden to call for higher taxes on billionaires
President Biden will unveil his new budget proposal in Philadelphia Thursday. The proposal will call for higher taxes on billionaires, as well as increasing the Medicare payroll tax on individuals earning more than $400,000 per year. Jeff Stein, White House economics reporter for the Washington Post, joined CBS News to discuss Mr. Biden's budget proposal.
DeSantis touts his political priorities
Florida Governor Ron DeSantis gave his state of the state speech Tuesday, touting his record on issues like COVID and education as he weighs a possible 2024 presidential bid. CBS News' senior White House correspondent Weijia Jiang has more on his remarks and other political headlines.
Biden wants to boost taxes on wealthy Americans to fix Medicare
Proposal would increase Medicare tax on high earners to 5%, which president says will provide 25 years of solvency.
Government played role in insulin price cuts
Drugmaker Eli Lilly announced Wednesday it will reduce prices for some of its most commonly prescribed insulin products by up by to 70%, and expand a monthly $35 cap on prescription costs for insured patients. CBS News correspondent Lilia Luciano reported on the government's role in the process.
Pence twice declines to say he'll support Trump if he wins GOP presidential nomination
Former Vice President Mike Pence would not say whether he would support former President Donald Trump if he wins the Republican nomination for the presidency in 2024, he told CBS News political correspondent Caitlin Huey-Burns Tuesday. While Pence still touts the Trump administration's accomplishments and says he has not reached a decision on whether he should run for president, Pence said he believes the American people "want to see us get back to the kind of civility in politics that the American people show each other every day."
Entitlement reforms could set Republicans apart in 2024
Former President Trump is already using the issue to attack potential Republican presidential rival Gov. Ron DeSantis.
Biden addresses health care costs in Virginia
The White House says the president will be critical of previous attempts by some Republicans to cut or eliminate health benefits. CBS News White House reporter Willie James Inman discusses the speech.
Sanders targets pharma companies over vaccine price hikes, high drug costs
"Truth is, [the] pharmaceutical industry is enormously greedy, charging us outrageously, uncontrollably high prices," the senator told "Face the Nation."
Biden pushes for Medicare and Social Security
President Biden traveled to Florida today to speak about strengthening Social Security and Medicare. And former President Donald Trump made a return to Facebook after his ban was lifted. CBS News political director Fin Gomez has more on the path to 2024.
Biden lays groundwork for potential 2024 bid
The day after delivering his State of the Union address, President Biden hit the road Wednesday, speaking to union workers in Wisconsin. He used similar themes from the prior night, even calling out Republicans for their heckling. CBS News senior White House correspondent Weijia Jiang explained how the White House is categorizing his address to Congress.
Biden calls on lawmakers to "finish the job"
President Joe Biden called on lawmakers to “finish the job” as he delivered his State of the Union address to a divided Congress. CBS News chief White House correspondent Nancy Cordes reports.
Marjorie Taylor Greene shouts "liar" at Biden
During his State of the Union address, President Biden said, "Some Republicans want Medicare and Social Security to sunset," prompting boos from Republicans and Congresswoman Marjorie Taylor Greene to shout "liar" at the president.
Debt ceiling: 3 ways your finances could be affected
The fight over the nation's debt limit could have very real implications on everything from your 401(k) to Social Security.
U.S. official says talks will resume after Iran threatens to walk away
Iran launched drone and missile attacks targeting Kuwait and Bahrain on Sunday after the U.S. and Iran traded attacks earlier over the weekend.
Videos show U.S. rescue team pull mother, baby from rubble in Venezuela
Hundreds of U.S. search and rescue workers are on the ground in Venezuela after deadly quakes struck the South American nation.
Dangerous heat wave impacting large swathes of the U.S. this week
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
5 nursing students among 11 killed in French skydiving plane crash
Mayor Mathieu Klein said the victims "died in full view of their loved ones, who were preparing to film the tandem skydives."
3 firefighters killed, 2 injured fighting wildfires near Colorado-Utah border
The U.S. Wildland Fire Service said the firefighters had been part of an interagency response to the Knowles and Gore fires near the Colorado-Utah border.
How much water does AI really use?
The heaviest demand on America's water supply isn't data centers or AI. It's from everyday uses such as growing food, watering lawns and flushing toilets.
Mass graves of dog remains found at Northern California animal rescue
The Humboldt County Sheriff's Office said they found 600 dog collars in an area where they suspect dozens of dogs were killed.
Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
U.S.
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Full transcript of "Face the Nation with Margaret Brennan," June 28, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Bill Cassidy and Tim Kaine join Margaret Brennan.
Dangerous heat wave impacting large swathes of the U.S. this week
A heat wave will blast a large swath of the U.S. this week. The National Weather Service says temperatures will feel hotter because of the high humidity that's arriving with it.
Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
Douglas Brinkley on America at 250: History tells us hoping for unity is not futile
In these fiercely-polarized times, the presidential historian reminds us that Americans' freedom has been tested – and has survived – much worse.
MoneyWatch
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Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Trump vows immediate 100% tariff if countries levy digital services tax
Countries that tax U.S. companies offering digital products and services would immediately face a 100% tariff on their exports to the U.S., President Trump said.
Nude portrait by Amedeo Modigliani sets record at auction
The Modigliani painting "Nu assis au collier" (Seated Nude Wearing a Necklace) sold for $63.9 million, the highest price achieved for a work by the artist sold at auction in Europe, Sotheby's said.
Apple and Microsoft are raising their prices as chip costs soar
Apple is raising the prices of some MacBooks and iPads, while Microsoft is raising Xbox prices as semiconductor costs surge.
Big Tech is spending trillions on AI. Investors want proof it'll pay off.
Technology companies are betting trillions of dollars that consumers will open their wallets for AI services. But what if Big Tech is wrong?
Politics
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Delaware Sen. Chris Coons injured in Sussex County car crash
Delaware Sen. Chris Coons was injured in a crash that involved several vehicles in Sussex County Sunday afternoon, he announced on social media.
Full transcript of "Face the Nation with Margaret Brennan," June 28, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Sens. Bill Cassidy and Tim Kaine join Margaret Brennan.
Kaine says guardrails on Pentagon firings could see bipartisan support
Sen. Tim Kaine said guardrails on Pentagon firings could see bipartisan support in Congress, following a string of high-level officers exiting the military during the second Trump administration.
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," June 28, 2026
The following is the transcript of an interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 28, 2026.
Exclusive
Cassidy accuses RFK Jr. of building public health "upon a foundation of lies"
Republican Sen. Bill Cassidy said of HHS Secretary Robert F. Kennedy Jr., "If you build public health upon a foundation of lies, then you're going to have the absence of adequate public health."
HealthWatch
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Mom gets answers after fighting for diagnosis: "Something's wrong"
Michelle Williams struggled with high blood pressure and swelling for years before she was finally diagnosed with an unusual condition.
Internal emails show how RFK Jr.'s team sought to sway the CDC
A trove of emails offers a new look at how the Centers for Disease Control and Prevention navigated some of the most controversial decisions of President Trump's second term.
Chris Evert announces her ovarian cancer has returned
American tennis legend Chris Evert announced that her ovarian cancer had returned in a social media post Thursday.
Democrats to propose bill capping out-of-pocket Medicare costs for enrollees
Some Senate Democrats want to cap the amount beneficiaries in traditional Medicare have to pay toward care, but the move is expected to draw GOP opposition for potentially adding billions to Medicare costs.
Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
World
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Pakistan says its security forces killed 29 militants along Afghan border
Pakistani security forces Sunday carried out an intelligence-based ground operation along the Pakistan-Afghanistan border, followed by "calibrated strikes."
Transcript: Sen. Tim Kaine on "Face the Nation with Margaret Brennan," June 28, 2026
The following is the transcript of an interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on June 28, 2026.
5 nurses among 11 killed in French skydiving plane crash
Mayor Mathieu Klein said the victims "died in full view of their loved ones, who were preparing to film the tandem skydives."
Israel moves to formally recognize Armenian WWI deaths as a genocide
The step, which still needs approval in Parliament, reflects deteriorating ties between Israel and Turkey.
Videos show U.S. rescue team pull mother, baby from rubble in Venezuela
Hundreds of U.S. search and rescue workers are on the ground in Venezuela after deadly quakes struck the South American nation.
Entertainment
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Alan Jackson gives emotional farewell concert
Five years ago, Alan Jackson shared that he has a degenerative nerve condition that affects his balance called Charcot-Marie-Tooth disease, which he was first diagnosed with a decade prior.
Songbook: James Taylor sings "Moon River"
Six-time Grammy-winning singer-songwriter James Taylor, whose choices of essential American songs include the 1961 hit "Moon River," performs Henry Mancini's tender song of heartbreak for "Sunday Morning" viewers. Accompanying Taylor are Kevin Hays on keyboards, Jon Suters on bass, and Nick Halley on percussion. [Check out the complete "Sunday Morning" Essential American Songbook at cbsnews.com/songbook.]
Larry David on "Life, Larry, and the Pursuit of Unhappiness"
The comic icon behind "Curb Your Enthusiasm" brings his own perspective to America's storied past in a new HBO sketch comedy series – finally making use of his history major from college.
Extended interview: Larry David
In this web exclusive, Larry David talks with longtime friend and collaborator Susie Essman about his new HBO sketch comedy series, "Life, Larry, and the Pursuit of Unhappiness."
Larry David on "Life, Larry, and the Pursuit of Unhappiness"
Larry David brings his own comic perspective to America's storied history in the new HBO sketch comedy series, "Life, Larry, and the Pursuit of Unhappiness." He talks with Susie Essman about finally making use of his history major from college, and how he took comments from one of the show's producers, former President Barack Obama.
Technology
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Technology
How trains drove American history
The transcontinental railroad changed just about everything in America: transportation, communications, commerce, cities, politics, even our perception of time. Correspondent David Pogue visits Steamtown National Historic Site, in Scranton, Pa., home to Big Boy, the biggest functioning steam train in the world, to learn how trains helped define an expansive America.
California creates AI job trend tracker
California now has the nation's first dashboard to publicly track artificial intelligence-related job trends, ones created and ones lost. As of now, early findings show no evidence of rising statewide unemployment from jobs exposed to AI. Till von Wachter, a faculty director of the California Policy Lab at UCLA, joins "The Takeout" to discuss.
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.
Gadget prices have fallen for decades. Then AI happened.
The race to build AI data centers is leading to a global shortage of memory chips, driving up the cost of personal electronics.
Apple, Microsoft announce price hikes
Apple and Microsoft announced they're hiking prices for some electronic products, including computers and XBOX consoles, citing a shortage of memory chips. CNET editor-at-large Scott Stein weighs in.
Science
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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.
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.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Crime
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Detective believes 6-year-old's mother was killed in next room while he slept
For most of his life, Reggie Reed has wondered who murdered his mother Selonia Reed decades ago in Hammond, Louisiana. A fresh look at the evidence ultimately implicated the man he called his "rock" — Reginald Reed Sr., the man who lovingly raised him.
Michigan parents charged with murder after boy found to be 250+ pounds
Two Flint Township, Michigan, parents, are facing several charges, including second-degree murder, in the death of their 7-year-old son, who was 255 pounds and abused and neglected, according to the Genesee County prosecutor.
Billionaire Leon Black testifies on Epstein
Billionaire Leon Black testified before the House Oversight Committee on Friday. After Black ended the interview, the committee issued two subpoenas. Democratic Rep. Suhas Subramanyam of Virginia, a member of the House Oversight Committee, joins "The Takeout" to discuss this and the U.S. strike on Iran.
Minnesota fraud suspect arrested in Somalia after 4 years on the run, officials say
Abdikerm Eidleh, accused of playing a key role in the Feeding Our Future fraud scheme, was arrested in Somalia after more than four years, federal officials said.
Mistrial ruled in Palisades Fire arson case
A judge declared a mistrial in the case against a man accused of starting a fire that grew into the deadly 2025 Palisades Fire. The jury was deadlocked during deliberations. CBS News Los Angeles has more.
Space
More Space
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.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
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.
6/28/2026: Betting on War; The Looting of Cambodia
First, high win rate of bets on military operations a likely sign of insider trading. Then, a report on Cambodia tracking down looted antiquities.
World Cup knockout round gets underway
Canada beat South Africa 1-0 Sunday as the World Cup's knockout stage kicked off. Shanelle Kaul has more.
McDonald's 35-foot fried apple pie
Noel Brennan takes a look at some of the history of fast food in the United States and visits a 35-foot fried apple pie at a McDonald's on Route 66.
Union Pacific Big Boy tours the U.S.
As part of America's 250th birthday celebration, Union Pacific is sending Big Boy, the largest, heaviest and most powerful steam locomotive in the world, across the country. Ian Lee reports.