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.
National Debt
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
Dealing with debt
Areport from JP Morgan predicts U.S. debt per household is expected to surpass debt held by Americans for the first time ever. Darrick Hamilton, professor of economics and urban policy at the New School, joins CBSN to discuss.
The dangers of Treasury bonds yielding 3 percent
Long-term interest rates are threatening to push bonds over a threshold that has spooked investors in the past.
Live
Iran war pushes oil prices to 4-year high as Hegseth faces lawmakers
Oil prices hit a 4-year high as Axios reports Trump will hear new options to try to break the Strait of Hormuz standoff with Iran with a new wave of attacks.
As Iran war nears key 60-day deadline, Congress and Trump face choices
The War Powers Resolution sets deadlines for the president to end hostilities without congressional approval.
Exclusive
Details revealed on where Cole Allen is being held in D.C. jail complex
Cole Allen, 31, is charged with attempting to assassinate President Trump and two firearms-related offenses stemming from the shooting at the White House Correspondents' Dinner on Saturday night.
Exclusive
Confrontation between officers and alleged shooter at D.C. gala lasted 7 seconds
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
Trump signs bill funding DHS, ending record-breaking 76-day shutdown
The longest shutdown of a federal department in U.S. history came to an end on Thursday when President Trump signed a bill to fund most of the Department of Homeland Security following a breakthrough on Capitol Hill.
Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Trump drops Casey Means as surgeon general nominee, names Nicole Saphier
President Trump picked Dr. Nicole Saphier as his new nominee for surgeon general, and blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
Exclusive
Fire aboard Navy destroyer USS Higgins, officials say
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Louisiana suspends House primaries for May 16 elections
Louisiana Secretary of State Nancy Landry said Thursday that the state will suspend its May 16 House primaries in the wake of the Supreme Court striking down the state's Congressional map.
U.S.
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2 employees killed in Kentucky bank robbery, suspect at large, police say
Kentucky State Police said a man went to a U.S. Bank in Brea, Kentucky, and shot and killed a man and a woman, both employees at the bank.
5 wounded in possible stabbing attack at Washington high school
The suspect, a student, was detained at the scene, police said.
Texas mother of 4 released from ICE custody after more than a month in detention
Meenu Batra, a single mother of four adult U.S. citizens, was arrested on March 17 by federal immigration officers while traveling for a work trip.
"Ozempic breath" is boosting Hershey's sales of mints and gum
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Trump officials flew on 1st non-stop commercial flight from US to Venezuela in years
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
MoneyWatch
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"Ozempic breath" is boosting Hershey's sales of mints and gum
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Spotify's new badge identifies human artists, as AI music floods in
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Thermos recalls 8.2 million containers after stoppers caused vision loss
The Thermos Stainless King Food Jars and Thermos Sportsman Food & Beverage Bottles were sold at Walmart, Target and Amazon.com.
Buying a computer? AI is making it more expensive.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
The AI boom propped up U.S. economic growth in the first quarter, but inflation due to the Iran war is casting a cloud.
Politics
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Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
Exclusive
Confrontation between officers and alleged shooter at D.C. gala lasted 7 seconds
Seven seconds passed between when the alleged gunman at Saturday's White House Correspondents' Dinner — carrying a shotgun initially concealed by a jacket — first encountered federal law enforcement and when he was subdued, sources told CBS News.
Trump officials flew on 1st non-stop commercial flight from US to Venezuela in years
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
What states could try to redistrict and add more GOP seats
The Supreme Court's ruling on Wednesday about Louisiana's congressional map could have implications for several states as it narrowed the section of the Voting Rights Act about majority-minority districts.
Iran war's true cost closer to $50 billion, not $25 billion, U.S. officials say
A Pentagon official publicly placed the Department of Defense's cost for Operation Epic Fury at $25 billion.
HealthWatch
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Exclusive
New White House drug abuse strategy floats wastewater testing, AI, more treatment
The Trump administration is proposing wastewater testing to try to ferret out data on illegal drug use in real time, according to a draft of a new drug control strategy obtained by CBS News. It also proposes using AI to track threats.
"Ozempic breath" is boosting Hershey's sales of mints and gum
Hershey says it's benefiting from the growing use of GLP-1 weight-loss drugs even as people cut down on snacks. Here's why.
Funding cuts for fentanyl test strips raise concerns: "It doesn't make sense"
Test strips cost about $1 each and can be used to check drugs for dangerous contaminants, including fentanyl and xylazine.
Trump drops Casey Means as surgeon general nominee, names Nicole Saphier
President Trump picked Dr. Nicole Saphier as his new nominee for surgeon general, and blamed Republican Sen. Bill Cassidy for Casey Mean's nomination stalling in the Senate.
RFK Jr.'s healthy food agenda puts hospitals on notice about patients' meals
The backlash was immediate after the Trump administration served notice that hospitals and nursing homes should limit sugary drinks and dietary supplements in favor of what HHS terms "real food."
World
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U.K. raises terrorism threat level to "severe" after stabbing attack
The U.K. has raised its national threat level from "substantial" to "severe," citing the increasing threat of Islamist and extreme right-wing terrorism in the country.
Trump officials flew on 1st non-stop commercial flight from US to Venezuela in years
The trip comes nearly four months after U.S. forces seized Rodríguez's predecessor, Nicolás Maduro, and his wife in a daring special forces raid.
Jewish Londoners describe "utter horror" and living in fear after latest attack
"We've been warning about this for a long time," one local resident told CBS News. "It's like a tsunami — you see the smaller waves before the big one hits."
Tina Brown: King showed U.S.-U.K. ties are "bigger than current politics"
CBS News contributor Tina Brown said King Charles' address to Congress during his visit to the U.S. showed "the meaning of monarchy."
Exclusive
Fire aboard Navy destroyer USS Higgins, officials say
One of the officials told CBS News that the fire knocked out power and propulsion on the guided-missile destroyer, a mainstay of the Navy's forward presence in Asia.
Entertainment
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Entertainment
A look at Spencer Pratt's mayoral campaign
Spencer Pratt, who starred in the mid-2000s reality TV show "The Hills," released a new ad in his campaign for Los Angeles mayor that's getting attention online. CBS News political director Fin Gómez joins with analysis.
Stars preview "Devil Wears Prada 2"
Meryl Streep, Anne Hathaway, Emily Blunt and Stanley Tucci are reprising their iconic roles for "The Devil Wears Prada 2" 20 years after the original film was released. The stars speak to "CBS Mornings" co-host Gayle King and give an inside look at the movie.
Eliminated survivor contestant on new twist
(Warning: Spoilers ahead!) The fifth member of the "Survivor 50" jury, who was eliminated during Wednesday's episode, talks about being voted off and a huge twist in the game.
David Allan Coe, singer who wrote "Take This Job and Shove It," dies at 86
David Allan Coe also had hits with "You Never Even Called Me By My Name" and "The Ride" among others.
New details in case against singer D4vd
Musician D4vd was in a Los Angeles court on Wednesday as prosecutors laid out a timeline and highlighted new details in their case against him in the murder of Celeste Rivas Hernandez. The singer has pleaded not guilty to the charges. Warning, the details in this story are disturbing.
Technology
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Technology
Elon Musk concludes testimony in OpenAI trial
Elon Musk's testimony concluded Thursday in his lawsuit against OpenAI. Nicholas Thompson, CEO of The Atlantic and host of "The Most Interesting Thing in AI" podcast, joins "The Takeout" with analysis.
Elon Musk cross-examined in OpenAI trial
Elon Musk was cross-examined in his lawsuit against OpenAI on Thursday. In testimony on Wednesday, he said he was "a fool" for funding OpenAI. He is accusing OpenAI and its CEO, Sam Altman, of betraying him and the public by abandoning its core mission as it transitioned from a nonprofit to a for-profit company. WIRED senior writer Maxwell Zeff joins CBS News 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.
Spotify's new badge identifies human artists, as AI music floods in
As AI-generated music spreads, Spotify says it wants to help users "trust the authenticity" of what they're listening to.
Buying a computer? AI is making it more expensive.
A memory chip shortage is driving up computer prices for consumers, reversing a decades-long drop in hardware costs.
Science
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Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Saving the Venus fly trap
The carnivorous Venus fly trap is native to the Carolinas, but its population is dwindling due to loss of habitat. Correspondent Seth Doane talks with botanist Julie Moore, who has spent much of her life helping to save these remarkable plants; and with Damon Waitt, director of the North Carolina Botanical Garden, who discusses the unusual traits of a species that Charles Darwin called the most interesting plant in the world.
From 1990: NASA launches Hubble Telescope
On April 24, 1990, NASA launched the Hubble Space Telescope from the Space Shuttle Discovery after seven years of delays. Watch CBS News' coverage from that day.
Crime
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Crime
Fin Gómez on correspondents' dinner shooting
CBS News political director and executive director of politics and White House Fin Gómez reflects on the White House Correspondents' Dinner attack on "The Daily Report," saying he was proud of "our fellow colleagues."
New details on Greg Biffle theft
Within hours of the plane crash that killed Hall of Fame NASCAR driver Greg Biffle, along with his wife and kids, authorities say someone was trying to break into his accounts and steal his money. Mark Strassmann has more details from police.
NYT reveals possible Epstein suicide note
The New York Times reported that the late convicted sex offender Jeffrey Epstein may have left a suicide note following an earlier incident about three weeks before his death. However, that note has been sealed in a separate case for nearly seven years and remains out of public view. Meg Oliver reports.
New details about correspondents' dinner
The man accused of trying to assassinate President Trump last weekend appeared in court on Thursday as new details are still emerging about the attack at the White House Correspondents' Dinner. Caitlin Huey-Burns reports.
Powerful blast sends officers into the air
Police say a man forced his way into a home in the New York City borough of Queens, where his family was, and then, when police arrived, he intentionally set off an explosion. Tom Hanson reports.
Space
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SpaceX launches Falcon Heavy rocket carrying powerful satellite
SpaceX's most powerful operational rocket boosted a high-speed ViaSat internet data relay satellite into space to complete a globe-spanning constellation.
Mars rover carries out chemistry experiment never done beyond Earth
"This experiment's never been run before on another world," said Amy Williams, an astrobiologist working on the Curiosity mission.
Blue Origin New Glenn rocket puts satellite payload into wrong orbit
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
Artemis II crew on historic moon mission and what it means for Earth
"We are carrying back everything we learned, not only about where we went but ourselves," mission specialist Christina Koch told "CBS Evening News" anchor Tony Dokoupil.
Artemis II astronauts still awed by moonshot experience: "It was otherworldly"
The four Artemis II astronauts struggled to describe the view and overall experience of flying around the moon's far side and witnessing a solar eclipse in deep space.
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.
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
Hegseth testifies on Iran war at Senate hearing
Defense Secretary Pete Hegseth testified before the Senate Armed Services Committee on Thursday, facing intense questioning from Democrats on the Pentagon budget, the war with Iran and more. These are some of the most notable exchanges from the hearing.
Breaking down OPEC and its influence
President Trump gave his endorsement to the United Arab Emirates' decision to leave the Organization of the Petroleum Exporting Countries, or OPEC, on Wednesday. "The Daily Report" breaks it down.
Why did Saudi Arabia pull LIV Golf funding?
LIV Golf is seeking new backers after Saudi Arabia's public investment fund announced it will be pulling its funding at the end of the season. Gabby Herzig, a staff writer at The Athletic, joins "The Daily Report" to discuss.
Fin Gómez on correspondents' dinner shooting
CBS News political director and executive director of politics and White House Fin Gómez reflects on the White House Correspondents' Dinner attack on "The Daily Report," saying he was proud of "our fellow colleagues."
Analyst breaks down economy amid Iran war
The national average gas price is up to $4.30 per gallon, the highest in four years, as President Trump said Thursday that gas prices "will drop like a rock" when the Iran war ends. Ted Rossman, principal analyst at Bankrate, joins "The Daily Report" with more.