U.S. debt tops $38 trillion for first time, worsened by government shutdown
The national debt is rising faster than ever and threatens to undermine confidence in the economy, experts warn.
National Debt
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 Trump's new spending law will impact taxes
Does President Trump's new economic law really wipe away taxes on Social Security and tips? CBS News MoneyWatch correspondent Kelly O'Grady dives into the fine print.
Reporter's Notebook: Crying wolf on budgets
Elon Musk has challenged President Trump's budget plans over fears of runaway spending. Are his fiscal concerns, and those of some other politicians, performative? "CBS Evening News" co-anchor John Dickerson explains.
Economic impacts of ballooning national debt
A recent analysis from the Committee for a Responsible Federal Budget says the legislation that just passed the Senate will add more than $3.9 trillion to the national debt. Kelly O'Grady joins to discuss what that means.
Senate debates Trump's budget bill
Senate lawmakers are rushing to meet President Trump's Independence Day deadline for the Republican's sweeping budget bill amid concerns over Medicaid cuts and the national debt.
Breaking down CBO report on Trump budget plans
The political headwinds stalling President Trump's massive tax extension and budget cuts were hit by a powerful dose of accounting. The Congressional Budget Office reports the current budget package would add more than $2 trillion to the national debt over 10 years. Marc Goldwein, senior policy director for the Committee for a Responsible Federal Budget, joins to discuss.
Ro Khanna on Musk's budget bill criticism
What do Democrats think about Elon Musk's call to kill the Trump agenda budget bill? Rep. Ro Khanna of California joins "The Takeout" with his reaction.
CBO: Trump budget bill would increase deficit
The Congressional Budget Office released new numbers on the monetary impacts of President Trump's budget bill and tariffs on Wednesday. CBS News chief White House correspondent Nancy Cordes reports.
Musk calls on Congress to "kill" budget bill
As the Senate forges ahead on President Trump's budget plan, Elon Musk is ramping up his criticism of the legislation, calling on lawmakers to "kill the bill." CBS News White House reporter Aaron Navarro has more.
House Budget chair on Musk's bill criticism
House Republicans keep warning their Senate GOP counterparts: Don't tinker with the economic bill they passed with one vote to spare. The Senate, however, is doing just that. House Budget Committee Chairman Jodey Arrington of Texas joins "The Takeout" to discuss where that could leave the Trump economic agenda.
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.
Budget bill slammed as "fiscal failure"
The Trump administration is touting the spending cuts in the House-approved budget bill, but a nonpartisan analysis calls the legislation a "fiscal failure." Maya MacGuineas, president of the Committee for a Responsible Federal Budget, joins "America Decides" to discuss.
Budget bill could add trillions to deficit
Divisions among House Republicans remain as they race to try and pass President Trump's legislative agenda. A new estimate from the Congressional Budget Office found the bill, in its current form, would raise the federal deficit by $3.8 trillion over ten years, mostly from the president's proposed tax cuts. CBS News congressional correspondent Nikole Killion reports.
Impact of Moody's U.S. credit downgrade
The international credit agency Moody's has downgraded the U.S.' credit rating from its highest AAA rating to Aa1. CBS News senior business and technology correspondent Jo Ling Kent explains what the move could mean for the average American.
Will GOP come together on Trump's budget?
President Trump may have his budget plan, but he's got to get House Republicans in lockstep after Friday's failed committee vote. Former Republican Rep. Kevin Brady of Texas, ex-chair of the House Ways and Means Committee, joins "America Decides" to discuss what it'll take to get the conference on board and more.
Understanding cycle of deficit spending, debt
The U.S. economy is the largest globally, but its debt outweighs that distinction by trillions. Maya MacGuineas, president of the nonpartisan nonprofit Committee for a Responsible Federal Budget, joins "America Decides" to explain why that's a problem, and how increasing that debt with the latest budget proposal could hurt average Americans.
Despite Trump's promised cuts, U.S. spent more than $200 billion more so far than last year
Despite President Trump's promise of cuts, the federal government has spent more than $200 billion more in his first 100 days than the same time period last year.
Government spending is up, data shows
One of President Trump's campaign promises was to get rid of what he described as waste and fraud in the government to save money. CBS News dug into these claims to see if that's happened so far. CBS News vice president of data journalism John Kelly breaks down the numbers on government spending.
Ex-USAID chief blasts gutting of agency
Nearly all staff for the U.S. Agency for International Development, also known as USAID, will be placed on leave Friday amid President Trump and Elon Musk's plans to restructure the federal government. Andrew Natsios, former USAID administrator from 2001 to 2006, joins "America Decides" with his reaction.
House passes government funding bill
The House passed a short-term funding bill to avert a government shutdown Friday night. The legislation heads to the Senate next. CBS News' Scott MacFarlane and Zak Hudak have more details.
Rep. Andy Barr on Elon Musk
Even with a new agreement that would avoid a government shutdown, lawmakers are still focusing on billionaire Elon Musk and the major influence he wields on Capitol Hill. Republican Rep. Andy Barr of Kentucky joins "America Decides" to discuss.
House GOP reaches Trump-backed funding deal
House Republicans are planning to vote on a new short-term funding measure after a previous plan collapsed Wednesday night due to pushback from President-elect Donald Trump. CBS News' Scott MacFarlane and Robert Costa report on the deal.
Rep. McCormick a "hard no" on spending bill
Republican Rep. Rich McCormick of Georgia joins "America Decides" to discuss if he will support the Republican's new spending deal.
Inside Congress' short-term funding bill
For the second time in three months, Congress is facing a fast-approaching deadline to pass a short-term funding bill to prevent a government shutdown. President-elect Donald Trump and some other Republican lawmakers have spoken out against it. Meanwhile, Trump has suggested that members of the now-disbanded House Jan. 6 committee should be criminally targetted. CBS News' Hunter Woodall and Ed O'Keefe have more details.
Trump says he will impose tariffs on countries that oppose Greenland plan
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
Live
Minnesota National Guard mobilized; protesters clash in downtown Minneapolis
The Minnesota National Guard has been mobilized at the direction of Gov. Tim Walz, but had not yet been deployed to city streets.
Israel objects to U.S. announcement on Gaza reconstruction committee
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
Iran's Khamenei says Trump is "guilty for the casualties" in protests
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
U.S. strike kills Al-Qaeda affiliate leader linked to ambush in Syria
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Giants hire John Harbaugh as head coach
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a 5-year contract to coach Big Blue.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
L.A. County DA says employee was "wrongfully detained" by ICE
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Exclusive
Man on FBI's "Top 10 Most Wanted" list to be extradited from Mexico, sources say
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
U.S.
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Investigators say jealousy was a motive in murder of Texas teen
Matthew Edgar, who claimed to have no memory of how his ex-girlfriend was killed, was convicted of Livye Lewis' murder while on the run from authorities in Texas.
WestJet reverses course on tighter seat layout plan following criticism
Since October, WestJet had added an extra row of seats to nearly two dozen aircraft.
U.S. strike kills Al-Qaeda affiliate leader linked to ambush in Syria
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Exclusive
Man on FBI's "Top 10 Most Wanted" list to be extradited from Mexico, sources say
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
Live
Minnesota National Guard mobilized; protesters clash in downtown Minneapolis
The Minnesota National Guard has been mobilized at the direction of Gov. Tim Walz, but had not yet been deployed to city streets.
MoneyWatch
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Here are the hurdles Trump faces in his push for low interest rates and a friendly Fed
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
Education Department delays wage garnishment plan for defaulted student loans
The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.
Venezuelan oil is coming to the U.S. What will it mean for gas prices?
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Weight loss drugs could save airlines money on fuel as Americans shed pounds
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Politics
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L.A. County DA Hochman says employee was "wrongfully detained" by ICE
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Abigail Spanberger sworn in as Virginia's 1st female governor
Gov. Abigail Spanberger will be referred to with traditional formality: "Madam Governor" or, as some officials phrase it, "her excellency."
Trump says he will impose tariffs on countries that oppose Greenland plan
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
Lawmakers says Greenland should be viewed as U.S. ally, "not as an asset"
A bipartisan U.S. Congressional delegation's comments in Denmark contrasted with those emanating from the White House.
Iran's Khamenei says Trump is "guilty for the casualties" in protests
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
HealthWatch
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HealthWatch
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
New study: Tylenol in pregnancy is not linked to autism or ADHD
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
World
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U.S. strike kills Al-Qaeda affiliate leader linked to ambush in Syria
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Man takes historic ski down Mount Everest's North Face
Elite mountaineer Jim Morrison, fueled by a promise he made to his deceased partner, ascended and then skied down Mount Everest's treacherous North Face.
Trump announces U.S. delegation to the 2026 Olympic Winter Games in Milan
The Olympic Winter Games in Milan are scheduled to open on February 6, 2026.
Israel objects to U.S. announcement on Gaza reconstruction committee
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
Exclusive
Man on FBI's "Top 10 Most Wanted" list to be extradited from Mexico, sources say
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
Entertainment
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Entertainment
Whitney performs "Won't You Speak Your Mind"
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Won't You Speak Your Mind."
Whitney performs "Dandelions"
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Dandelions."
Whitney performs "Back to the Wind"
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Back to the Wind."
Roger Federer celebrates career at Australian Open kick-off
Federer played exhibition doubles matches with past champions Andre Agassi and Ash Barty.
Alicia Keys on "Hell's Kitchen" success
In an exclusive interview with "CBS Mornings," Alicia Keys reflects on "Hell's Kitchen's" Broadway run ending after nearly two years of sold-out performances. The musical is inspired by Keys' own experiences and will continue its national tour. She speaks about the decision for it to leave Broadway and how she has found a healthy relationship with success.
Technology
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Technology
Palantir develops app to help ICE: 404 Media
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
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.
Mother of Musk child sues over deepfake images
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
Verizon offers customers $20 credit for widespread outage
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
Science
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Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
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 so hot it pushed Earth past critical climate change mark
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
Crime
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Investigators say jealousy was a motive in murder of Texas teen
Matthew Edgar, who claimed to have no memory of how his ex-girlfriend was killed, was convicted of Livye Lewis' murder while on the run from authorities in Texas.
Couple probed for child abuse had more surrogate babies
This past July, police in California raided the home of Guojun Xuan and Silvia Zhang over allegations of possible child abuse. The couple's 21 children, mostly surrogate-born, were taken into state custody as an investigation began. In the months since their arrest and release, the couple has had at least five more surrogate-born babies. The couple is now fighting for custody of all of their children and is suing some of their surrogates in the process. CBS News legal reporter Katrina Kaufman has more.
Robinson attorneys trying to disqualify prosecutor
Lawyers for the man accused of killing Turning Point USA founder Charlie Kirk are trying to disqualify one of the prosecutors on the case. CBS News reporter Andres Gutierrez has more.
ICE holding about 73,000 people, data shows
U.S. Immigration and Customs Enforcement is holding about 73,000 people facing deportation, a new record high, according to data. CBS News' Camilo Montoya-Galvez reports.
What we know about Renee Good shooting report
A Minneapolis Fire Department report obtained by CBS News details Renee Good's apparent injuries and other details about the shooting. CBS News' Ian Lee reports.
Space
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Space
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Countdown to new lunar mission
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
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
Therapy dog helps ease anxiety at the dentist
For many, a trip to the dentist can be nerve-wracking. This California doctor found a solution with four legs and a tail. Itay Hod has the story.
WestJet ends plan to add more seats to its planes
WestJet reversed its plan to add extra seats to its planes after the idea didn't fly with many passengers. Ali Bauman has the story.
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Iran blames U.S. for protests, Trump punches back
Iran's supreme leader blamed the U.S. for the protests against his regime that resulted in a violent crackdown. Willie James Inman has President Trump's response.
Trump implements new tariffs over Greenland plan
President Trump announced Saturday that he would institute 10% tariffs on eight European countries who oppose his plan to put Greenland under U.S. control. The announcement came after a bipartisan group of congressional lawmakers flew to Denmark to express support for keeping Greenland under Danish control. Ramy Inocencio has more.