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
Tax Reform
White House aims to get tax overhaul bill to Congress in Sept.
National Economic Council Director Gary Cohn, doesn't want "to be negotiating a bill on the floor" when it comes to tax reform
Paul Ryan vows tax code will be overhauled in 2017
Ryan said lawmakers are moving "full speed ahead" on getting transformational tax reform done
Trump's tax overhaul at risk from pushback on import tax
Not one Republican senator has publicly endorsed a key part of President Donald Trump's tax reform plan
Kochs unveil campaign to ‘jolt’ stalled tax debate
The Koch Brothers are preparing to spend millions to ensure plans for tax reform aren't lost
Will James Comey firing hobble Trump's economic agenda?
President's dismissal of FBI chief could delay his tax plan until 2018, also thwarting other economic stimulus
Trump says his administration is killing loophole that "was great for me"
The president addressed the loophole in a wide-ranging interview with "Face the Nation's" John Dickerson
Gary Cohn speaks to "CBS This Morning": Full transcript
National Economic Council Director Gary Cohn discussed President Trump's tax plan and efforts to repeal and replace Obamacare
Cohn says people are "wasting time" on Trump's tax returns
Gary Cohn, director of the National Economic Council, said people are "wasting time" trying to get President Donald Trump to release his tax returns
Is Trump's tax cut the biggest ever? Nope
Treasury Secretary Steven Mnuchin touts the president's tax framework as the largest -- looks like Ronald Reagan's was larger
Treasury secretary on how Trump tax plan will be paid for
"The American economy has been held back and this is about unleashing economic growth," says Treasury Secretary Steven Mnuchin
Mnuchin confirms corporate tax rate cut planned
Mnuchin confirmed that tax plan the White House is announcing today includes proposal to drive down the corporate tax rate to 15 percent
Massive Trump tax cuts face big hurdles as debt mounts
President Donald Trump is proposing tax cuts for individuals and businesses even as Washington struggles with mounting debt.
What's in Trump's tax reform plan to be released this week?
The president is expected to unveil his plan on Wednesday
Trump aims to end Obama's ban on "tax inversions"
Presidential order could blunt rule that banned companies from avoiding taxes by moving their legal address overseas
Deficit hawks warn: Tax reform must be paid for
Administration says growth could finance tax reform, but GOP senate aide says any plan that swells deficit is “dead on arrival”
Trump says tax bill with "massive" cuts coming next week
Bills on health care reform and a government funding measure are also expected to go to vote next week when Congress returns from recess
Treasury secretary: Growth will pay for "majority" of tax reform
Steve Mnuchin acknowledges eliminating loopholes and deductions will finance only a portion of the administration's overhaul plan
House panel to begin tax reform hearings next week
Hearings on the House tax reform blueprint will be "starting next week," according to House Ways and Means Committee Chairman Kevin Brady
Mnuchin says tax reform by August unlikely
He had predicted in February that Congress would be able to pass legislation to overhaul the tax system before their August recess
Ryan and Pelosi agree: No agreeing on health care
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?
Congressional Budget Office forecasts massive debt increase
America's debt-to-GDP ratio could nearly double in the next 30 years, posing "substantial risks," a new report warns
Economic optimism may be at a tipping point
Rarely have Americans (well, largely Republicans) felt this good about the economy and stocks, but doubts are creeping in
What's deflating the "Trumpflation" rally
After running hot for months, stocks have suddenly turned cold as the prospects of political gridlock gain strength
GOP health care failure will make tax reform much harder
House Speaker Paul Ryan insists that tax reform still not "impossible" but will be "more difficult"
China's Xi warns Trump about "conflicts" if Taiwan isn't "handled properly"
President Trump is in Beijing meeting with China's President Xi Jinping, with the two leaders aiming to stabilize their trading relationship after last year's trade war.
Exclusive
DHS chief on ICE's role at World Cup: "We're not there to go round up" people
Secretary of Homeland Security Markwayne Mullin told CBS News that ICE arrests at the FIFA World Cup are not off the table, but the agency will not be at the global sporting event for the purpose of immigration arrests.
Exclusive
Hero pilot recounts crash landing in Atlantic Ocean
Ian Nixon, a veteran pilot from the Bahamas, put the plane he was flying down in the ocean without anyone suffering serious injuries.
Ukraine says Russia launches "virtually nonstop" strikes on Kyiv
More than 1,500 Russian drones and dozens of missiles were launched in the last two days, according to Ukrainian officials.
Why Taiwan is a major flashpoint between the U.S. and China
For decades, U.S. presidents have remained steadfast in their defense of the tiny Asian ally from its neighboring giant.
Live
Trump and Xi agree Strait of Hormuz "must remain open"
President Trump and China's Xi Jinping met in Beijing on Thursday, while Israel and Lebanon resumed peace talks in Washington.
Senate adopts resolution to withhold senators' pay during shutdowns
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
FBI sought to interview top election official in Wisconsin's Milwaukee County
The FBI attempted to interview the director of elections in Milwaukee County, Wisconsin, the county clerk's office said in a statement.
Kouri Richins sentenced in husband's fentanyl-laced cocktail murder
Utah mom Kouri Richins was sentenced to life without the possibility of parole on Wednesday, after a jury convicted her of murder and other charges in her husband's 2022 death.
U.S.
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Senate adopts resolution to withhold senators' pay during shutdowns
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
Oklahoma executes inmate convicted of killing ex-girlfriend and her baby
Oklahoma executed a death row inmate Thursday morning. He had been convicted of killing his ex-girlfriend and her 7-month-old baby in 2007.
FBI sought to interview top election official in Wisconsin's Milwaukee County
The FBI attempted to interview the director of elections in Milwaukee County, Wisconsin, the county clerk's office said in a statement.
South Carolina governor expected to call special session on redistricting
As Republicans seek to retain control of the U.S. House, leaders of both parties nationwide have sought to redraw their congressional maps to net more seats for their parties.
Exclusive
Hero pilot recounts crash landing in Atlantic Ocean
Ian Nixon, a veteran pilot from the Bahamas, put the plane he was flying down in the ocean without anyone suffering serious injuries.
MoneyWatch
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Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Rare blue-green diamond sells for record $17.3 million at auction
The 5.5-carat "Ocean Dream" was found in Central Africa in the 1990s.
Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
Musk flew to China near end of OpenAI trial, after judge warned he could be recalled
Elon Musk arrived in Beijing on Wednesday, as his $150 billion lawsuit against OpenAI's Sam Altman played out. But a judge told Musk last month he may be recalled to a California courtroom for further testimony at the request of OpenAI lawyers.
AI is fabricating citations in biomedical studies, researchers find
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
Politics
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Senate adopts resolution to withhold senators' pay during shutdowns
The Senate unanimously agreed to adopt a resolution on Thursday that will withhold senators' pay during a lapse in funding for any federal agency.
FBI sought to interview top election official in Wisconsin's Milwaukee County
The FBI attempted to interview the director of elections in Milwaukee County, Wisconsin, the county clerk's office said in a statement.
South Carolina governor expected to call special session on redistricting
As Republicans seek to retain control of the U.S. House, leaders of both parties nationwide have sought to redraw their congressional maps to net more seats for their parties.
Live
Trump and Xi agree Strait of Hormuz "must remain open"
President Trump and China's Xi Jinping met in Beijing on Thursday, while Israel and Lebanon resumed peace talks in Washington.
Trump demands Medicaid data for deportation. Some states go further.
Several states have required their health agencies to take on another job: verifying immigration status among Medicaid recipients and reporting them to the U.S. Department of Homeland Security.
HealthWatch
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Sponsored
Activities that challenge your mind may help maintain brain health
Challenging your mind, through games and learning new skills, may help reduce your risk of dementia, according to the Alzheimer's Association. (Sponsored by the Alzheimer's Association.)
Trump demands Medicaid data for deportation. Some states go further.
Several states have required their health agencies to take on another job: verifying immigration status among Medicaid recipients and reporting them to the U.S. Department of Homeland Security.
No Americans showing hantavirus symptoms
Jake Rosmarin is one of the 16 Americans at the University of Nebraska Medical Center being monitored for signs of hantavirus. Ian Lee spoke with him and has more details.
AI is fabricating citations in biomedical studies, researchers find
"Your doctor could be making decisions around treatment based on studies that never existed," one expert said.
New Yorker describes hantavirus quarantine experience after cruise ship outbreak
A New York native is among 16 American passengers who are quarantining in Nebraska after being on the cruise ship that is at the center of the deadly hantavirus outbreak.
World
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Ukraine says Russia launches "virtually nonstop" strikes on Kyiv
More than 1,500 Russian drones and dozens of missiles were launched in the last two days, according to Ukrainian officials.
U.K. health secretary resigns in scathing letter, setting up leadership fight
Health Secretary Wes Streeting quit embattled British Prime Minister Keir Starmer's Cabinet in what is expected to be a precursor to challenging his leadership.
Sailors from doomed 1845 polar expedition identified through DNA
The identification of the remains also resolved a decades-long debate about the worst disaster in the history of British polar exploration.
Jury awards $49.5 million to Boeing 737 MAX crash victim's family
A jury in Chicago awarded $49.5 million in damages Wednesday to the family of a 24-year-old American who perished in a 2019 Boeing 737 MAX crash.
Rare blue-green diamond sells for record $17.3 million at auction
The 5.5-carat "Ocean Dream" was found in Central Africa in the 1990s.
Entertainment
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Entertainment
"Survivor" contestants on double elimination
(Spoilers ahead) "CBS Mornings" reveals the castaways voted off during Wednesday's episode of "Survivor 50" in another double elimination. They discuss being part of the franchise and their legacies in the game.
National Recording Registry adds Taylor Swift, Beyoncé, Ray Charles, more
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
Troubling trend for touring musicians
Major musicians from Post Malone to Meghan Trainor have recently struggled to sell out stadiums and arenas for their tours. It's a troubling trend being called "blue dot fever" and has led to entertainers canceling some or all of their shows. Ash-har Quraishi reports.
Geena Davis talks new series "The Boroughs"
Actor Geena Davis talks about starring in the new series "The Boroughs," if there are parallels between herself and the character she plays, and why she's drawn to supernatural projects. She also addresses representation in the entertainment industry.
"Top Gun" celebrates 40 years
The action movie "Top Gun," starring Tom Cruise, was released 40 years ago. To celebrate its anniversary, the film and its sequel, "Top Gun: Maverick," are returning to AMC theaters nationwide for one week. Vladimir Duthiers reports.
Technology
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Workers are getting paid to teach AI how to do their jobs
AI companies are recruiting a wide range of temp workers, from writers to wine enthusiasts, for hourly-paid gigs to help train their language models.
China's most critical issue: Taiwan
Chinese President Xi Jinping has called Taiwan "the most important issue" between his country and the U.S. About 10% of the population in Taiwan wants to reunify with mainland China, and there are real fears that it will fall under communist control. Tony Dokoupil and Anna Coren break down its importance to China and the U.S.
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.
Companies hiring humans to train AI platforms
AI training is an emerging job market where those with specialized skills are paid to train bots to be more accurate and human-like in their responses. The CBS News MoneyWatch team spoke with multiple hiring platforms that pair human experts with AI training jobs. Megan Cerullo has more.
How AI is changing travel
Almost every industry worldwide is integrating artificial intelligence into its operations, and the airline industry is no different. Booking.com CEO Glenn Fogel joins "The Takeout" to discuss AI's impact on travel.
Science
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NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
Emperor penguins in focus as Antarctica talks start in Japan
Greater protections for endangered emperor penguins and how to manage growing tourism are topping the agenda at talks on Antarctica in Japan.
What's in the released UFO files?
The Pentagon released UFO documents on Friday, with President Trump telling the public to "have fun" deciding for itself what is going on. Carter Evans reports.
Trump: UFO files released for transparency
Defense Secretary Pete Hegseth said it's time for the American people see it for themselves, as the Pentagon started releasing previously classified documents related to UFOs and UAPs. CBS News Pentagon reporter Eleanor Watson has more.
"The Age of Disclosure" director on UFO files
The Pentagon on Friday released and declassified numerous files on UFOs, including eyewitness testimony, photos and reports. Government knowledge of non-human intelligent life was the subject of the documentary "The Age of Disclosure," released in February. Its director and producer, Dan Farah, joins CBS News to discuss.
Crime
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Crime
Huge twist in Alex Murdaugh case
Alex Murdaugh, the former South Carolina lawyer who was convicted of murder, will get a new trial and have his convictions overturned, the state's Supreme Court ruled Wednesday. CBS News' Eva Pilgrim reports.
Feds arrest tourist accused of hurling rock at endangered seal's head
The tourist sparked outrage after a witness recorded him chucking a coconut-sized rock at "Lani," a beloved Hawaiian monk seal off a Maui beach.
Videos show shots fired in Philippine Senate
Warning: Distressing video. Authorities in the Philippines tried to arrest a senator on Wednesday, resulting in a burst of gunfire in the Philippine Senate, according to an Associated Press journalist and other witnesses.
Alex Murdaugh to be tried again
Alex Murdaugh's double murder trial drew national attention, but three years later, South Carolina's Supreme Court tossed aside his conviction. Mark Strassmann reports on the new developments.
Why Alex Murdaugh is getting a new trial
Three years after Alex Murdaugh was convicted of killing his wife and son, the South Carolina Supreme Court on Wednesday overturned the verdict and granted Murdaugh a new trial. CBS News' Katrina Kaufman reports.
Space
More Space
NASA spacecraft to fly past Mars on voyage to rare metal asteroid
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
UFO files reveal astronauts saw mysterious objects and lights in 1972
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Pentagon begins releasing UFO files: "It's time the American people see"
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for 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
5/16: The Uplift
David Begnaud meets a man who has attended the Kentucky Derby for 79 years in a row – and his dying wish to make it there one last time.
Xi mentions "Thucydides trap" theory
During remarks in a private meeting, according to reports, Chinese President Xi Jinping mentioned an obscure political theory that may suggest how China wants the U.S. to act. CBS News analyst Aaron MacLaean has more.
More on potential conflict over Taiwan
China is warning the U.S. of a potential conflict over Taiwan if the issue is not handled correctly. CBS News contributor H.R. McMaster joins with more insight on what a U.S.-China conflict may look like.
Aflac CEO on how family built company
Aflac CEO Dan Amos joined CBS News 24/7 Mornings with more on his historic tenure atop the insurance company and how the industry has changed over time.
Sponsored
Mental exercises to keep your brain healthy
Exercising your brain, through games and learning new skills, may help reduce your risk of dementia. Alzheimer's Association President and CEO Joanne Pike joins "CBS Mornings" with tips on challenging your mind as part of a three-part series "Brain Health: From Awareness to Action." Learn more about their "6-Step Challenge" and the "(re)think your brain" initiative at rethinkyourbrain.org (Sponsored by the Alzheimer's Association)