The U.S. debt now exceeds the country's GDP. Should we worry?
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
National Debt
U.S. debt beats GDP for first time since WWII
The U.S. debt is exceeding the country's gross domestic product for the first time since World War II. CBS News contributor Javier David has more.
A new buy now, pay later option from Affirm will help tenants cover rent
A new BNPL pilot from financial technology company Affirm will give renters the option to break up their rent into two equal payments.
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.
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.
Live
U.S. carries out 10th night of strikes on Iran after 3 U.S. troops killed
At least 3 U.S. service members were killed over the weekend in Iraq and Jordan, where back-to-back Iranian attacks on a U.S. base seem to have evaded defenses.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Tropical Storm Bertha forms, threatening Gulf Coast. See forecast path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, most of whom have returned to duty, U.S. officials said.
Suspect arrested after fireworks explosion outside NYC federal building
A man was arrested after law enforcement officials said he ignited fireworks, poured flammable liquid and started a fire at 26 Federal Plaza in Lower Manhattan.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Spain fans rejoice in World Cup win, but some say Trump photo-bombed team
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
First on CBS
Trump to keep using old Air Force One while new plane gets security upgrades
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
U.S.
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Tropical Storm Bertha forms, threatening Gulf Coast. See forecast path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
What to know about Taylor Farms amid the cyclospora outbreak
The nation's largest recent cyclospora outbreak has put one of America's biggest produce suppliers under renewed scrutiny.
5 drown in river in Ohio as child runs for help
Authorities say five people died near Columbus, Ohio, after several of them went into the water to assist another person who was struggling to swim.
MoneyWatch
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Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
What to know about Taylor Farms amid the cyclospora outbreak
The nation's largest recent cyclospora outbreak has put one of America's biggest produce suppliers under renewed scrutiny.
Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
How 401(k) fees can cost tens of thousands in retirement savings
About four in 10 workers aren't even aware they pay fees on their 401(k)s, research has found. Here's what to know.
The U.S. labor market may soon face a new crisis: Too few workers
A severe labor shortage is set to emerge over the next decade amid a wave of baby boomer retirements and a shrinking younger workforce.
Politics
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NYT moves to quash subpoenas for phone records of reporters and family members
The New York Times moved to quash subpoenas that sought phone records of the reporters and their relatives, including the spouses of two reporters and one reporter's mother.
Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Darline Graham, Lindsey Graham's sister, says she'll run for full Senate term
Sen. Darline Graham, who is serving out the remainder of the late Sen. Lindsey Graham's term in the Senate, said she will seek a full term for the South Carolina seat her brother held for more than two decades.
First on CBS
Trump to keep using old Air Force One while new plane gets security upgrades
The new Air Force One "has a lot of capability, but as I understand it, in about a month or so, they're going to send it to have it be maxed out," President Trump said Sunday.
HealthWatch
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HealthWatch
FDA says it's still investigating Taylor Farms
The FDA says Taylor Farms lettuce is still the focus of their ongoing cyclospora investigation, despite a false positive test announced Sunday. Carter Evans reports.
Severely ill prisoners granted early release are left stuck behind bars
Prisoners with severe medical conditions can be granted compassionate release, but without a long-term care facility willing to accept them, many continue to wait in prison as their conditions worsen.
FDA still probing Taylor Farms lettuce despite false positive test
The FDA said that as of Sunday, it had not found any "confirmed positive sample results for product testing" in the cyclosporiasis outbreak.
Judge Ronald Gould on persevering despite his MS
Ronald Gould is a federal judge on the Ninth Circuit Court of Appeals in Seattle, one rung below the U.S. Supreme Court. At 79, he shoulders a full caseload despite living with progressive multiple sclerosis. He talks with CBS News chief medical correspondent Dr. Jon LaPook about working with MS, a condition he faces with grit and a healthy dose of humor. LaPook also talks with one of Gould's former law clerks, Karla Gilbride, an attorney who has been blind since birth.
Ted Danson with 4 tips on aging creatively
Studies show that having a positive outlook about aging, and having good social networks, can have positive health benefits, from preventing memory loss to a longer life expectancy. Actor Ted Danson presents "Sunday Morning" viewers with advice on how to embrace aging.
World
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Trump to impose 50% tariffs on Canadian hockey sticks, alcohol, other goods
President Trump is imposing 50% tariffs on a range of Canadian goods, from hockey equipment to alcoholic beverages, escalating the trade dispute between the two countries.
Exclusive
Nearly 100 U.S. service members injured in Iranian strikes this month
Almost 100 American service members have been injured in strikes on bases in the Middle East this month, U.S. officials said.
Video of Moroccan man dying while pinned down by police sparks anger in Italy
The death of a Moroccan man as he was detained by Italian police in Bologna has sparked anger and a formal investigation.
Tate brothers detained as they face new charges, possible U.K. extradition
Influencer brothers Andrew and Tristan Tate will fight extradition to the U.K., where they face rape and sex trafficking charges.
Spain fans rejoice in World Cup win, but some say Trump photo-bombed team
As Spain's World Cup champs took to the stage with their trophy, President Trump joined them in their moment of glory.
Entertainment
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Judge temporarily halts Paramount-Warner Bros. Discovery merger
The ruling comes after a coalition of 12 states sued to block the deal, arguing it would harm consumers and the entertainment industry.
Judge pauses in Paramount-WBD merger
A judge has granted a temporary restraining order to temporarily block the Paramount Skydance-Warner Bros. Discovery merger from happening. CBS News' Jake Rosen reports. Paramount Skydance is the parent company of CBS News.
Christopher Nolan describes challenges of creating "The Odyssey"
"The Odyssey," which was shot in six countries, pulled in more than $260 million worldwide over the weekend.
Christopher Nolan talks "The Odyssey"
Oscar-winning director Christopher Nolan talks about his latest movie, "The Odyssey," which was shot in six countries. He tells "CBS Mornings" about what it was like working with the star-studded cast and challenges faced when creating the film.
"The Odyssey" wins big at the box office
"The Odyssey" raked in more than $264 million worldwide over the weekend. A majority of ticket buyers cited director Christopher Nolan as their primary reason for seeing the movie, according to PostTrack, a film industry research service. Adriana Diaz reports.
Technology
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Technology
Exclusive discounts from CBS Mornings Deals
On this edition of CBS Mornings Deals, we show you items that will help improve your everyday lifestyle. Visit cbsdeals.com to take advantage of these exclusive deals today. CBS earns commissions on purchases made through cbsdeals.com.
Can you spot an AI image? Quiz shows how difficult it has become.
An AI expert said the telltale signs people once relied on, such as distorted fingers, unnatural eyes, or other obvious visual flaws, have largely disappeared as technology has improved.
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.
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
Science
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Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
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Crime
Tate brothers fight UK extradition
Brothers Andrew and Tristan Tate appeared in court in Miami on Monday as they fight an extradition request from the UK over new sex crime-related charges. Cristian Benavides reports from Miami.
What to know about the Tate brothers
Andrew and Tristan Tate appeared before a judge in Miami on Monday as British prosecutors seek extradition of the pair to face dozens of sex-related charges. Cristian Benavides has more.
Details on suspect in NYC explosion
U.S. Army veteran Andrew Arrabaca, 43, is in custody Monday after allegedly setting off fireworks and igniting a fire outside a federal building in New York City on Monday. Tom Hanson reports.
New details on Manhattan explosion suspect
The FBI has identified the suspect in Monday morning's explosion outside a federal building in New York City as a 43-year-old U.S. Army veteran. CBS News' Anna Schecter has the latest.
Watch: Officials give update on NYC explosion
Law enforcement officials shared new details about the suspect in Monday morning's explosion outside a federal building in New York City. The suspect was described as an "anti-government extremist" who was carrying anti-ICE literature. Following the news conference, CBS News' Anna Schecter provided context.
Space
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Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
Latest Galleries
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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.
Photos show 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.
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
AAA: U.S. gas back up to $4 a gallon average
As fighting with Iran ramps up, a gallon of regular gas is once again $4 on average, up 13 cents in one week, according to AAA. Severin Borenstein, professor at UC Berkeley's Haas School of Business, joins with analysis.
Troy Jackson set to be Maine Senate nominee
Former state senator Troy Jackson, who calls himself a "pickup progressive," is set to become Maine's Democratic Senate nominee. He'll replace Graham Platner, who left the race following accusations of sexual assault. Fin Gómez reports.
New round of strikes targeting Iran underway
A 10th straight night of U.S. strikes on Iran is underway as President Trump vows Tehran will pay for the deaths of three American soldiers over the weekend. CBS News senior national security correspondent Charlie D'Agata reports. Then, global affairs analyst Jonathan Wachtel joins to discuss the state of the war.
How the UK had 6 prime ministers in 7 years
Andy Burnham became the UK's new prime minister on Monday, calling for a national "reset" as many Britons struggle with poverty and an elevated cost of living. CBS News' senior foreign correspondent Imtiaz Tyab reports from London and Lindsey Reiser looks at the timeline of recent British prime ministers.
5 drown in Ohio's Scioto River
Five people drowned in Ohio's Scioto River after several of them went into the water to help another person who was struggling to swim, authorities said Monday. A motorist called 911 after spotting a frightened child who had been with the group and was running on a nearby road.