U.S. hits debt limit, prompting "extraordinary measures" to avoid default
"I respectfully urge Congress to act promptly to protect the full faith and credit of the United States," Yellen wrote to congressional leaders.
National Debt
U.S. to hit debt limit Thursday
Treasury Secretary Janet Yellen says the U.S. will hit its debt limit of $31.4 trillion Thursday. CBS News congressional correspondent Scott MacFarlane joins the show to discuss what's being said on Capitol Hill about the looming debt ceiling crisis.
U.S. starts fiscal year with record $31 trillion in debt
Nation is edging closer to statutory debt ceiling of $31.4 trillion. "We are addicted to debt," one expert said.
U.S. troops to leave Afghanistan by August 31
America's longest war is coming to an end, with President Biden announcing the withdrawal of U.S. troops from Afghanistan will conclude by August 31. CBS News senior White House and political correspondent Ed O'Keefe, Politico White House correspondent and associate editor Anita Kumar, and The Washington Post's Capitol Hill reporter Rhonda Colvin join CBSN's "Red & Blue" with more on the impact, as well as the latest push by Democrats to protect voting rights.
Biden says U.S. will pay down national debt for first time in 6 years
The president emphasized how strong job gains have increased total incomes and led to additional tax revenues that have improved the government's balance sheet.
Senator Pat Toomey on raising debt ceiling
Senator Pat Toomey, R-Pennsylvania, joins "CBS Mornings" to discuss why Republicans won't support helping Democrats raise the debt ceiling.
House to vote on debt ceiling extension
House lawmakers will vote Tuesday evening on legislation to raise the nation's debt ceiling. CBS News congressional correspondent Nikole Killion gives CBSN's Tanya Rivero an update on what's at stake.
Congress at odds over how to avoid debt default
President Biden is facing perhaps the most pivotal week of his presidency as Democrats seek to pass the main pillars of his legislative agenda while a government shutdown looms. Nikole Killion reports.
Congress faces debt ceiling standoff
Congressional Democrats are pushing to raise the national debt ceiling before the government funding runs out at the end of the month. But Republicans say they will not support stopgap funding legislation. CBS News congressional correspondent Nikole Killion joins CBSN with the latest.
Democrats finalizing $3.5 trillion spending bill
Lawmakers on Capitol Hill are working to push through their ongoing budget battle. Senate Democrats are finalizing the final text of their $3.5 trillion spending bill. But as CBS News' Skyler Henry reports, the Senate Parliamentarian delivered a blow to the party on its immigration plans. This comes as both House and Senate Democrats unveiled a spending measure to avoid a government shutdown coupled with a suspension to the national debt ceiling. Siobhan Hughes, a congressional reporter for The Wall Street Journal, joins CBSN's Elaine Quijano with more on how Republicans are reacting to the plan.
Immigration plan blocked from spending bill
Senate Democrats hoped to include pathway to citizenship for millions of immigrants in their $3.5 trillion budget proposal, but the Senate parliamentarian ruled against it. CBS News congressional correspondent Nikole Killion joins CBSN AM with the latest on that plus the upcoming deadline for raising the debt ceiling.
Senate passes bipartisan infrastructure bill
A massive infrastructure bill passed in the Senate, with 19 Republicans joining every Democrat in voting for it. Kris Van Cleave has more on what's in the bill.
What's next for infrastructure bill?
A total of 70 senators appear poised to carry a big bipartisan infrastructure package to passage, with lawmakers eager to tap new spending for their states and show voters back home they can deliver. Washington Post congressional reporter Rhonda Colvin joins CBSN's Anne-Marie Green and Vladimir Duthiers with analysis ahead of the much-anticipated vote.
Biden proposes $6 trillion budget
President Biden is laying out his budget priorities to Congress with a $6 trillion proposal that would vastly expand social programs to help the neediest Americans. Maya MacGuineas of the Committee for a Responsible Federal Budget spoke with CBSN's Tanya Rivero about why she believes the national debt is a more important focus.
Fiscal conservatism?
Republicans could soon vote on their tax plan after it cleared a key hurdle in the Senate. But at least four GOP senators have said they're concerned the bill will increase the deficit and add to the $20 trillion debt. President of the Committee for a Responsible Federal Budget, Maya MacGuineas, talks to CBSN about why increasing the deficit is such a concern.
Economists react to Biden's recovery plan
President Biden's latest economic recovery proposal, the American Families Plan, would invest nearly $2 trillion dollars in education and child care, but some economists worry massive government spending could heat up the economy too quickly, causing inflation to soar. Washington Post economics correspondent Heather Long joins CBSN's "Red & Blue" anchor Elaine Quijano with the details.
Biden pushes for new COVID-19 relief plan
President Biden is continuing to urge Republicans to endorse his new coronavirus relief plan. Republicans, however, are concerned about $1.9 trillion price tag. Christina Ruffini reports.
Janet Yellen pushes for "big" federal action
CBS News reporter Sarah Ewall-Wice joins CBSN's "Red & Blue" host Elaine Quijano to discuss the "big" actions Janet Yellen wants to see done by the Treasury Department if she is confirmed as secretary by the incoming Biden administration.
Budget deal raises national debt concerns
President Trump and Democratic congressional leaders have reached a bipartisan federal budget agreement. But while the deal prevents a government shutdown, some experts are raising concerns about increasing the national debt long-term. Maya MacGuineas, president of the Committee for a Responsible Federal Budget, joined CBSN to discuss the deal.
U.S. budget deficit hits highest level in 7 years
The surge is largely due to increased spending and revenue lost to GOP tax cuts
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
5 problems with a $22 trillion national debt
There's no precedent for debt this high during an economy this good, raising several troublesome issues
National debt hits record high $22 trillion
The national debt has surpassed $22 trillion for the first time ever, and experts say that could hurt the economy. The 2017 tax cut bill and increased spending are the main reasons, CBSN's Reena Ninan reports.
America's interest payments are about to skyrocket
Rising interest rates and a growing deficit are sending the costs of the U.S.' "credit card balance" to a 25-year high
The skyrocketing interest payments on U.S. debt
Even as the country's economy booms, an exploding federal deficit has interest payments vaulting upward
Live
Pentagon identifies 4th service member killed as U.S.-Iran war escalates
The U.S. launched another night of strikes on Iran after four U.S. soldiers were killed in Jordan and Iraq in recent days.
Hegseth says Iran war has cost $37.5B but sources say total could be far more
Defense Secretary Pete Hegseth told lawmakers the Iran war has cost $37.5 billion. Sources told CBS News the total cost could be far higher, in part due to military construction for damaged U.S. bases.
Tropical Storm Bertha strengthens, threatening Gulf Coast. See its path.
Tropical Storm Bertha is the second named storm of the Atlantic hurricane season.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
Software error improperly registered 6,600 noncitizens to vote, N.J. gov. says
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
3 soldiers killed in Iran strike on base in Jordan were from Texas, Hawaii, N.Y.
U.S. forces launched a new round of airstrikes against Iran at the direction of President Trump following the deaths of three U.S. soldiers in an Iranian strike in Jordan.
Key Arizona primaries to watch today
Arizona has traditionally been a red state, and six of its nine House representatives are Republicans.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
U.S.
More U.S.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Mexican man killed by truck after ICE encounter was on vacation, officials say
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Ex-U.S. attorney in Seattle sues Trump over firing
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
More Americans report shoplifting as inflation climbs, survey finds
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
Senate committee advances Clayton's nomination for intelligence chief
The Senate Intelligence Committee advanced Jay Clayton's nomination for director of national intelligence, despite opposition from Democrats.
MoneyWatch
More MoneyWatch
More Americans report shoplifting as inflation climbs, survey finds
Thirty percent of respondents said they shoplifted this year, with most citing affordability concerns and financial hardship.
GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Here's how much wealth you need to thrive, based on your age
Three in four American households lack the wealth to weather financial setbacks and achieve major life milestones.
Novo Nordisk sues Eli Lilly, accusing it of false advertising
The lawsuit alleges that Eli Lilly misled consumers by using outdated clinical trial data to make its drugs appear more effective than Novo's.
Ford recalls nearly 388,000 vehicles over seat issue
The recall affects certain 2020-2027 Aviator and 2020-2026 Explorer vehicles.
Politics
More Politics
Judge temporarily blocks officials from deporting witness of deadly ICE shooting
A federal judge in Texas temporarily barred immigration authorities from deporting one of the witnesses in the fatal ICE shooting of Lorenzo Salgado Araujo in Houston.
Democratic lawmakers slam Trump "vanity projects" in shadow hearing
Lawmakers hammered the president for bulldozing norms in pursuit of his construction goals and imposing his likeness on buildings, coins and passports.
Mexican man killed by truck after ICE encounter was on vacation, officials say
Juan Jairo Coronilla Durán, 28, died July 14 after authorities said he darted across a busy road in St. Augustine, Florida, and into the path of a truck.
Ex-U.S. attorney in Seattle sues Trump over firing
Roger Rogoff was fired from his role as U.S. attorney in Seattle shortly after judges on the U.S. District Court for the Western District of Washington appointed him to the job.
Software error improperly registered 6,600 noncitizens to vote, N.J. gov. says
New Jersey Gov. Mikie Sherrill said a preliminary analysis showed that fewer than 400 of the people registered that way went on to cast ballots.
HealthWatch
More HealthWatch
HealthWatch
RFK Jr. says cyclosporiasis is "under control"
Health Secretary Robert F. Kennedy Jr. made his first public comment on the growing cyclosporiasis outbreak on Tuesday, declaring it under control and denying that cutbacks to monitoring activities have hurt U.S. food safety. Carter Evans reports.
GLP-1s are linked to a 17% drop in worker sick leave, new study finds
Here's how weight-loss drugs like Ozempic and Wegovy could reduce worker illness and save companies money.
Melinda French Gates on perimenopause: It took 3 doctors to diagnose me
Melinda French Gates talked about menopause and her philanthropic focus on women's health in the debut episode of Norah O'Donnell's "Healthful" podcast.
Melinda French Gates on perimenopause
Melinda French Gates recalled to Norah O'Donnell on "Healthful" that she started getting perimenopause symptoms in her early 40s. "I kind of couldn't believe it because I just finished having my last child in my late 30s," French Gates said. French Gates added it took three doctors to diagnose her symptoms and to get her the right treatments.
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.
World
More World
Australian woman gives birth to rare identical quadruplet daughters
All four daughters share 100 percent of their DNA after a single fertilized egg split into four embryos, making the pregnancy a one-in-15-million occurrence.
Zelenskyy replaces Ukraine's top general after days of protests
Ukraine's President Volodymyr Zelenskyy announced that he will replace the commander-in-chief of the armed forces as a government shakeup continues.
Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Deadly attack on U.S. forces in Jordan part of evolving Iranian tactics
A retired Jordanian general tells CBS News Iran is "developing techniques and capacities" to target U.S. forces with increasing lethality.
U.S. soldier killed in Iraq identified as 30-year-old from North Carolina
Sgt. Michael Emmanuel Swinton, 30, of North Carolina, was "decommissioning ammunition and an accident happened," Secretary of State Marco Rubio said.
Entertainment
More Entertainment
Entertainment
Inside the cameras used for "The Odyssey"
Christopher Nolan's "The Odyssey" has made history as the first feature-length film shot entirely on 70mm IMAX cameras. Jay Holben, technical editor for the American Cinematographer, joins CBS News to discuss.
Kaylee Hottle, actress in "Godzilla vs. Kong," dies at 18 in car crash
Kaylee Hottle, an Atlanta-born actress known for her role in the "Godzilla" film franchise, has died following a crash in Maryland.
Josh Duhamel talks "Ransom Canyon"
Josh Duhamel talks with "CBS Mornings" about starring in "Ransom Canyon," how much he knew about ranch life before the show and his growing family.
Oprah expanding her podcast
Oprah Winfrey announced she's expanding her podcast, "The Oprah Podcast." Starting on Tuesday, two new episodes will drop weekly. She spoke to "CBS Mornings" co-host Gayle King about her decision and revealed more about the guests she's had appear on the podcast.
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.
Technology
More Technology
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
More Science
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
More Crime
Crime
Timeline of NYC federal building explosion
A veteran was arrested for allegedly setting off fireworks and starting a fire in front of a Manhattan building that houses several federal offices, including ICE, the FBI says. CBS News' Anna Schecter shares more details.
Cocaine worth $285 million found hidden in banana shipment
Some 1,700 pounds of cocaine was concealed in a refrigerated container from Ecuador among dozens of pallets of bananas, police said.
Tourists stabbed near Acropolis in Athens
Two Greek American tourists were stabbed near the Acropolis in Athens, Greece, police said. CBS News' Anna Coren has more.
Details emerge on suspect in NYC fire
More details are emerging about the Army veteran accused of starting a fire outside a federal building in lower Manhattan on Monday. CBS News' Tom Hanson has more.
Details of suspect in NYC explosion
A U.S. Army veteran was arrested after he set off fireworks and started a fire outside of a Manhattan building, which houses federal agencies, including ICE, the FBI said. CBS News' Anna Schecter has more details.
Space
More Space
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
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Takeaways from Iran war funds hearing
Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs Dan Caine testified Tuesday before a Senate panel to ask for an additional $67 billion to fight the war against Iran. CBS News' Caitlin Huey-Burns has more.
Teen scores close to $100k for NBA jacket
Quinn Brown, a 19-year-old with a passion for selling items online, hit the jackpot when he purchased an original 1972 NBA warm-up jacket worn by Wilt Chamberlain at a Goodwill store for just over $3. Tony Dokoupil has the story.
Identical quadruplets born in Australia
An Australia woman registered a one-in-fifteen-million achievement, giving birth to identical, naturally conceived quadruplets. Mark Strassmann has the story.
17th U.S. soldier killed in Iran identified
Sergeant Michael Swinton, 30, was identified Tuesday as the soldier who died in Iraq during a controlled explosion of an Iranian drone. Weijia Jiang reports.
New video may show Nolan Wells
New footage obtained by TMZ appears to show the back of Nolan Wells' head as he partied on a boat shortly before his July Fourth disappearance. Skyler Henry reports.