How the GOP tax bill could alter year-end tax plans
Two strategies for what to do in December 2017 will come into play if the tax proposals become law
Tax Reform
"We're going to find some really stinky stuff" in tax bill, Sen. King predicts
"There's a lot of stuff in here that I don't think ... anybody knows what it's all about," Sen. Angus King said of the tax bill the Senate passed early Saturday
McConnell says it's "impossible" to guarantee tax cut for all in middle class
"You can't craft any bill that would guarantee no one was in a special category that might get a tax increase," Senate Majority Leader Mitch McConnell said Sunday
Mulvaney open to non-"significant" change in corporate rate to move tax bill forward
"If something small happens in conference that gets us across the finish line, we'll look at it on a case-by-case basis," OMB Director Mick Mulvaney said Sunday
Sunday: McConnell, Mulvaney, Graham, King
Join “Face the Nation” for news on the latest developments in the investigations into Trump campaign ties to Russia, Republicans’ push for tax reform and more
Why the "pass-through" tax debate is so closely watched
A range of businesses -- consultants, shopkeepers, startups, law firms and more -- might benefit
Trump promises "bigger than Reagan" tax cuts
"This is going to cost me a fortune this thing, believe me, believe me," Trump said of the GOP tax plan
Trump pushes GOP tax plan in Missouri-- live updates
The president promoted the GOP's tax plan in a speech from St. Charles, Missouri Wednesday afternoon
Sen. Lankford supports a GOP tax bill with "backstops"
"I want to see the good economic growth that's coming with it, but also want to make sure were protecting future taxpayers as well," said Lankford on "CBS This Morning"
4 popular deductions the GOP tax plan would end
Losing these "above the line" provisions would make the promise of a tax cut elusive for many middle-income Americans
Sen. Portman confident wavering Republicans will "come together" on tax bill
"In something this complicated there's going to be differences but I feel confident we'll come together," Portman told "CBS This Morning"
Gary Cohn faked a bad connection to get Trump off the phone, senator says
"Well, I wouldn't — I don't want to throw him under the bus, but yes," Sen. Tom Carper said of the conversation in a CNN interview
Mulvaney says admin. wants tax bill to pass with or without Obamacare mandate repeal
"What we're interested in is the best tax bill that can pass," Office of Management and Budget Director Mick Mulvaney said Sunday
Sen. Cotton says "every income group" will "see a tax cut" under Senate bill
Sen. Tom Cotton also spoke about sexual harassment and assault in the wake of new allegations
Sunday: Mulvaney, Cotton, Speier
Tune into “Face the Nation” this Sunday for the latest news on tax reform, Congress’ handling of sexual harassment allegations and much more
On Wall Street, scary signs are popping up
Buying stocks after the recent weakness looks like an opportunity, but beware of what's going on below the surface
"Don't spew that stuff on me": Shouting match erupts in Senate over GOP tax plan
The heated exchange came after Republicans successfully voted to move the bill to the Senate floor
Who would gain with the Senate tax bill?
A nonpartisan group finds Americans earning over $1 million will pay less over a decade -- but not those earning under $75,000
House passes comprehensive GOP tax overhaul bill
President Trump rallied House Republicans Thursday morning, calling on them to back the plan
First Republican senator announces opposition to tax bill
Wisconsin's Ron Johnson on Wednesday became the first Republican senator to say he opposes his party's tax bill
How GOP House tax bill could help the self-employed
In addition to a lower rate on some "pass-through business income," the GOP plan has other tax breaks for this group
Bob Corker says Senate is "taking up some of the vacuum" left by White House
In a talk on bipartisanship with Democratic Sen. Mark Warner, Republican Sen. Bob Corker said the Senate is "rising to the occasion"
House Republicans set to pass massive package of tax cuts
Democrats were fuming Wednesday when Republicans in the Senate put out their own tax plan, which would repeal Obamacare's individual mandate
Trump says America's standing in the world has never been better
President focused on his administration's successes abroad, amid discord at home
House GOP tax bill: Will it pass? The whip count so far
Here are the House members opposing the tax bill in its current form. The House is slated to vote on the measure Thursday
Live
Iran says Israel must pull troops out of Lebanon under deal with U.S.
Iran's foreign minister says Israeli troops can't remain in Lebanon under the pending deal with the U.S.
Feds reveal new details of alleged plot to attack White House UFC event
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
3,600 stock trades in 3 months: Breaking down Trump's flurry of investments
President Trump's investment accounts traded between $212 million and $695 million in stocks and other securities in the first three months of the year — an unprecedented sum for a sitting president.
8 dead in Air Force B-52 bomber crash at California base
The aircraft was on a routine test mission at Edwards airfield, located in the western Mojave Desert, about 100 miles northeast of Los Angeles.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Israel's recent attack in Lebanon was "too much," Trump says
President Trump, who is in France for the G7 summit, said he didn't like that Israel attacked Lebanon two hours before the U.S. signed an agreement with Iran.
Georgia and Alabama GOP runoffs and more primaries to watch today
Voters are casting their ballots in four states and the District of Columbia on Tuesday, including the runoff race in Georgia to take on Democratic Sen. Jon Ossoff.
Explore Trump's 3,600 stock trades from the first 3 months of 2026
View the companies and sectors the president's investment accounts bought and sold.
U.S.
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"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Feds reveal new details of alleged plot to attack White House UFC event
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
BASE jumping accident kills 2 including well-known extreme athlete Andy Lewis
A BASE jumping accident in a Utah canyon killed two people including a daredevil athlete best known for performing onstage with Madonna at the 2012 Super Bowl, authorities said.
MoneyWatch
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Yum! Brands sells struggling Pizza Hut in $2.7 billion deal
The sale will split ownership of the pizza chain between a U.S.-based private equity firm and a Chinese restaurant company.
SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Electricity costs expected to hit record this summer, new analysis finds
A new analysis projects how much Americans will pay for electricity from June to September, depending on their state of residence.
Hundreds of U.S. cities now have starter homes that cost $1 million
The number of metropolitan areas around the country with basic homes worth at least $1 million has tripled since 2020.
Oil prices sink, stocks soar after Trump announces deal with Iran
Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.
Politics
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Despite Trump's assurances, shippers wait and see on Strait of Hormuz
President Trump says there's a "safe, secure and pristine" route through the Strait of Hormuz, but major shipping companies aren't convinced.
Israel's recent attack in Lebanon was "too much," Trump says
President Trump, who is in France for the G7 summit, said he didn't like that Israel attacked Lebanon two hours before the U.S. signed an agreement with Iran.
Feds reveal new details of alleged plot to attack White House UFC event
The FBI said it disrupted an attempt to attack Sunday's UFC America 250 event at the White House, with court records detailing an alleged plot to use small drones carrying explosives.
Georgia and Alabama GOP runoffs and more primaries to watch today
Voters are casting their ballots in four states and the District of Columbia on Tuesday, including the runoff race in Georgia to take on Democratic Sen. Jon Ossoff.
Iran World Cup team booted from U.S. right after first match, coach says
Iran's World Cup team coach says it was ordered to leave the U.S. and return to its training base in Mexico only a few hours after opening its politically charged tournament with a draw.
HealthWatch
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Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
American doctor who recovered from Ebola back in U.S., says he's "feeling well"
Dr. Peter Stafford, his wife, Rebekah Stafford, and their four children all arrived safely on Monday, according to Serge, a Pennsylvania-based Christian missions organization.
They're uninsured after Obamacare became too costly. They're far from alone.
After congressional Republicans let expanded subsidies for Affordable Care Act plans expire at the end of last year, some families have decided the price is too great of a financial burden and canceled their coverage.
Organic formula recalled after 3 babies diagnosed with infant botulism
The affected formula was sold at Target and at Nara.com, according to the Food and Drug Administration.
6/14: Sunday Morning
Hosted by Jane Pauley. Featured: The lack of obesity in Japan; Vice President JD Vance and second lady Usha Vance; former child star Bill Mumy; the past and future of the Houston Astrodome; a time capsule for America's 500th birthday; and soccer art made with gum wrappers.
World
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Dead or stranded: Commercial sailors suffer in the Strait of Hormuz
India alone has more than 18,000 sailors stuck across the Persian Gulf region. Some tell CBS News it feels like they're "in jail."
Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
Despite Trump's assurances, shippers wait and see on Strait of Hormuz
President Trump says there's a "safe, secure and pristine" route through the Strait of Hormuz, but major shipping companies aren't convinced.
Ebola outbreak still spreading in Congo: "We are missing cases"
A WHO official tells CBS News Ebola is still spreading in Congo after a month, as experts race to contain the outbreak in Central Africa.
Israel's recent attack in Lebanon was "too much," Trump says
President Trump, who is in France for the G7 summit, said he didn't like that Israel attacked Lebanon two hours before the U.S. signed an agreement with Iran.
Entertainment
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Entertainment
America250 announces concert headliners, host
Chris Stapleton and The Smashing Pumpkins are set to headline America250's "America's Block Party Concert," with Queen Latifah set to host. Rosie Rios, the chair of America250, joins CBS News 24/7 with more.
A look at the adaptation of "I Will Find You"
Harlan Coben talks about casting for the Netflix adaptation of his 2023 bestselling novel "I Will Find You." The series stars Sam Worthington, who describes how fatherhood impacted him in his role and how he sees his character.
"Star Wars" lightsaber and more iconic film props going up for auction
Luke Skywalker's lightsaber from the "Star Wars" sequel "The Empire Strikes Back" is expected to sell for at least $1 million at an upcoming auction.
Serena and Venus Williams to play doubles together again, at Wimbledon
Serena and Venus Williams are getting back together as a doubles team, at Wimbledon. The last time the sisters were a doubles duo was at the 2022 U.S. Open, where they lost their opening match.
Billy Porter on "La Cage Aux Folles"
Billy Porter speaks with "CBS Mornings" about starring in the off-Broadway revival of the musical "La Cage Aux Folles," working with Wayne Brady and recent health issues.
Technology
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SpaceX to buy AI coding assistant Cursor for $60 billion
The deal comes just days after SpaceX went public in the largest IPO in history, raising $75 billion to help fund its expansion.
Anthropic to meet Trump officials, Axios says
Anthropic's senior staff is planning to meet with White House officials amid a recent dispute over the company's safety measures. Maria Curi, a tech reporter for Axios, has more.
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.
U.K. announces plan to ban social media for children under 16
U.K. Prime Minister Keir Starmer hopes to have a ban on kids using social media that is "designed to be addictive" enacted by early next year.
Prediction market traders face long odds
Prediction market platforms give fans the chance to make money on anything from predicting where Taylor Swift will get married to major sports. But a recent study found the top 1% of traders on Polymarket capture more than three-quarters of all gains. Jo Ling Kent spoke with a prediction market trader who wrote an AI-powered computer program to help him win big.
Science
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Science
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Goblin shark seen alive in natural deep-sea habitat for the first time
The goblin shark had only previously been seen when caught by fishermen and they died shortly afterward.
World's largest whale graveyard found by sub at bottom of ocean
The researchers saw many strange animals — many believed to be new to science — living off the whale carcasses.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Great white shark captured on video in Mediterranean in rare sighting
Great white sharks are classified as "critically endangered" in the Mediterranean Sea, and underwater sightings are incredibly rare.
Crime
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Russian artist and Putin critic shot dead in Poland
Semyon Skrepetsky was known for performances and artwork attacking Russian President Vladimir Putin and other authoritarian leaders.
What we know about alleged D.C. attack plot
The alleged plot targeting the White House's UFC event on Sunday involved drones and explosives, court documents show. At least one suspect, 19-year-old Tycen Proper, has been arrested in Ohio. CBS News' Jake Rosen has more.
Teen accused of killing stepsister on cruise to be jailed pending trial
The teen was initially released pending trial after being charged as a juvenile, but after he was charged as an adult, a judge ruled he was no longer subject to rules regarding juvenile detention.
U.S. citizen released, no charges after accusations of abuse in Colombia
A video of the alleged incident circulated widely on social media, but Colombia's president later said the man "apparently did not" abuse any children.
Man caught with 150 live venomous scorpions at airport
Police released an image of the venomous scorpions, which appear to be individually wrapped in plastic.
Space
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NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Space station crew briefly moves to "safe haven" amid concerns over leaks
Out of an abundance of caution, NASA briefly directed five of the seven crew members aboard the International Space Station to wait inside the docked SpaceX Crew Dragon "Freedom" spacecraft.
Sun erupts with 3 solar flares, raising chances of northern lights for U.S.
Three solar flares burst from the sun this week, raising the chances of seeing the northern lights for people across the United States.
NASA reluctantly gives up on lost orbiter: "Best Mars mission ever"
NASA officials said the $582 million MAVEN orbiter could not be recovered after a problem on the far side of Mars late last year, and that its extraordinarily successful mission was at an end.
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.
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.
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
Affidavit: Alleged White House-UFC attack plans
The FBI on Tuesday said it thwarted an attempt to attack Sunday's UFC America 250 event at the White House. Court records show what the alleged plot entailed. CBS News' Jake Rosen has those details and former NYPD Deputy Commissioner Richard Esposito joins with analysis.
Trump, Kemp split over GA Senate runoff
Today's Republican runoff in Georgia will determine who faces Democratic Sen. Jon Ossoff in November. President Trump and Gov. Brian Kemp's opposing endorsements highlight a split in the Republican Party, CBS News political director Fin Gómez explains.
Where to get the latest 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.
Rabbi helps Jamaica recover from hurricane
Jamaica was ravaged by Hurricane Melissa late in October 2025. Months later, efforts to rebuild across the island continue. Chabad of Jamaica's Rabbi Yaakov Raskin reflects on the ongoing recovery process.
Texas flooding prompts disaster declaration
Flooding in Texas prompted Gov. Greg Abbott to issue a disaster declaration on Monday. CBS News' Jason Allen has the latest.