Why the GOP can't just simply cut taxes
The party that lives for this chance is confronting devilishly difficult conflicts to get where it wants to go
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The party that lives for this chance is confronting devilishly difficult conflicts to get where it wants to go
National Economic Council Director Gary Cohn, doesn't want "to be negotiating a bill on the floor" when it comes to tax reform
Ryan said lawmakers are moving "full speed ahead" on getting transformational tax reform done
Not one Republican senator has publicly endorsed a key part of President Donald Trump's tax reform plan
The Koch Brothers are preparing to spend millions to ensure plans for tax reform aren't lost
President's dismissal of FBI chief could delay his tax plan until 2018, also thwarting other economic stimulus
The president addressed the loophole in a wide-ranging interview with "Face the Nation's" John Dickerson
National Economic Council Director Gary Cohn discussed President Trump's tax plan and efforts to repeal and replace Obamacare
Gary Cohn, director of the National Economic Council, said people are "wasting time" trying to get President Donald Trump to release his tax returns
Treasury Secretary Steven Mnuchin touts the president's tax framework as the largest -- looks like Ronald Reagan's was larger
"The American economy has been held back and this is about unleashing economic growth," says Treasury Secretary Steven Mnuchin
Mnuchin confirmed that tax plan the White House is announcing today includes proposal to drive down the corporate tax rate to 15 percent
President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt.
The president is expected to unveil his plan on Wednesday
Presidential order could blunt rule that banned companies from avoiding taxes by moving their legal address overseas
Administration says growth could finance tax reform, but GOP senate aide says any plan that swells deficit is “dead on arrival”
Bills on health care reform and a government funding measure are also expected to go to vote next week when Congress returns from recess
Steve Mnuchin acknowledges eliminating loopholes and deductions will finance only a portion of the administration's overhaul plan
Hearings on the House tax reform blueprint will be "starting next week," according to House Ways and Means Committee Chairman Kevin Brady
He had predicted in February that Congress would be able to pass legislation to overhaul the tax system before their August recess
Both the House speaker and Democratic leader see little hope for bipartisan cooperation on the fractious issue, but what about the rest of the agenda?
America's debt-to-GDP ratio could nearly double in the next 30 years, posing "substantial risks," a new report warns
Rarely have Americans (well, largely Republicans) felt this good about the economy and stocks, but doubts are creeping in
After running hot for months, stocks have suddenly turned cold as the prospects of political gridlock gain strength
House Speaker Paul Ryan insists that tax reform still not "impossible" but will be "more difficult"
Some units would "possibly [be] needed in 90-120 days," according to an internal Army message reviewed by CBS News.
With an unprecedented budget, ICE spent billions in a rush to expand its detention network, the Government Accountability Office found.
President Trump hosted Chinese President Xi Jinping as the world's two most powerful countries grapple with a rivalry over advanced AI.
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
Ads promoting President Trump and paid for by American taxpayers are now airing on network and national cable.
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
President Trump is slated to speak on Tuesday in Washington at an event that features Elon Musk, Jensen Huang and others, according to invitation materials reviewed by CBS News.
Democratic Sen. Tammy Duckworth of Illinois is demanding the Pentagon and Federal Aviation Administration reject President Trump's call to convert plans for a massive triumphal arch into a "top grade Military Complex."
With an unprecedented budget, ICE spent billions in a rush to expand its detention network, wasting millions in the process, the Government Accountability Office found.
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
A look at the features for this week's broadcast of the Emmy-winning program, hosted by Jane Pauley.
Bob Pettit was an All-American at LSU before going on to the NBA, where he was an All-Star for each of his 11 seasons, all with the Hawks. He led them to the 1958 championship over the mighty Boston Celtics, the Hawks' lone title.
Workers in physically demanding jobs should be able to collect full Social Security retirement benefits at age 60, a Michigan lawmaker says.
Investors are increasingly nervous about rising inflation, which could require the Federal Reserve to hike interest rates.
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Hundreds of small businesses are using the prediction market to hedge against a range of business risks, according to Kalshi. Here's how.
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Democratic Sen. Tammy Duckworth of Illinois is demanding the Pentagon and Federal Aviation Administration reject President Trump's call to convert plans for a massive triumphal arch into a "top grade Military Complex."
With an unprecedented budget, ICE spent billions in a rush to expand its detention network, wasting millions in the process, the Government Accountability Office found.
Some units would "possibly [be] needed in 90-120 days," according to an internal Army message reviewed by CBS News.
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
New research highlights common themes shared by people who found reasons to keep living through dark times.
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
As knowledge about genetics advances, some doctors say cancers should be defined by their mutations, not the tissues where they manifest.
Iran's president says Tehran wants a deal with the U.S. before November's midterm elections, as the regime puts an offer on the table.
Ten blocks away from the United Nations General Assembly, U.S. diplomats quietly kickstarted the expansion of the Abraham Accords from the 43rd floor of a midtown Manhattan office tower.
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
The retiring North Carolina senator was critical of President Trump's reception of Chinese President Xi Jinping.
The U.S. is trying to retrieve the parts, which were reported by Bloomberg News to be in China's possession.
Sylvester Stallone said he took a series of odd jobs to make ends meet before the bruised but unbowed Rocky Balboa.
Sylvester Stallone took on a series of odd jobs to make ends meet before becoming a Hollywood legend. He tells correspondent Tracy Smith about one of his wildest gigs. Watch more of their conversation this weekend on "CBS Sunday Morning."
Kim Kardashian and the producers of "Love Island" teamed up to create "Team Moms: Baseball," a new reality show exploring the cutthroat world of elite kids' sports. Kim Kardashian and producer Natalie Ento sat down with "Entertainment Tonight" host Nischelle Turner to explain more.
"CBS Mornings" shares an exclusive first look at the video for Taylor Swift's new single, "Patient Zero."
Taylor Swift announced her new single "Patient Zero" earlier this week, saying she has been "impatiently waiting" to announce that it will be out on Friday.
The Horowitz Andreessen Academy is offering students a college alternative focused on artificial intelligence. CEO Gagan Biyani joins CBS News to discuss the revolutionary idea.
Australia says an OpenAI model hacked a government website containing health information. CBS News' Jo Ling Kent reports.
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.
More details on alarming cases involving rogue AI models are emerging as President Trump meets with Chinese President Xi Jinping in Washington, D.C. Meanwhile, calls for regulation are growing louder. CBS News contributor Patrick McGee joins with more.
Australia's Prime Minister Anthony Albanese is fuming after an OpenAI model hacked a government website in June. CBS News' Ramy Inocencio breaks down the details on the historic attack.
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Robert M. Murphy Jr. is accused of sexually abusing former Wolfpack male athletes under the guise of treatment.
Constable Jeff Smith was shot several times, suffering wounds to his head and torso, but continued fending off the attack until a second officer arrived.
The operation "was conducted jointly with U.S. troops and the Drug Enforcement Administration (DEA)," Ecuador's interior minister said.
Concerns are growing over the potential misuse of automated license plate readers. Five police officers in Indianapolis are the latest to face criminal charges for allegedly using Flock cameras to track romantic partners and others.
The man is "accused of being an accessory to multiple murders through his activities there," prosecutors said.
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
As New York celebrates Dolly Parton Appreciation Day, 60 Minutes looks back at her first visit to New York City, when the musical "Hello, Dolly!" was playing on Broadway. She told Morley Safer in 2009: "I thought, 'Hey, I've arrived. I'm here.'"
Trump hosts Xi Jinping at White House; Sen. Thom Tillis on elaborate Trump-Xi visit.
Week 3 of the NFL season kicks off on Thursday with the Atlanta Falcons heading to Wisconsin to face the Green Bay Packers. CBS Sports NFL analyst Mike Renner has more.
President Trump and first lady Melania Trump welcomed China's Xi Jinping and his wife to the White House for a state dinner on Thursday night. CBS News correspondent Natalie Brand has the latest.