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"
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Fetterman texts reveal impatience with constituent duties
A former staffer confirmed that Sen. John Fetterman has routinely dismissed and at times refused to do core aspects of the job.
Neighborhood comes together to give young boy a memorable trick-or-treat birthday
When a mother posted a note on Facebook asking if anyone in her neighborhood would allow her son to trick-or-treat at their homes in July for his 11th birthday, more than 100 neighbors said yes.
Judge lets Pentagon move forward with firing Stars and Stripes journalists
The Pentagon accused two of the Stars and Stripes journalists of insubordination after one of them had told "CBS Sunday Morning" in a July interview that she worked for Stars and Stripes, "not for the Pentagon, not for any administration, not for any policymaker."
How AI is reshaping the U.S. Open for players and fans
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
MoneyWatch
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Are mortgage rates heading back above 7%? Here's what experts think.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
See the U.S. cities where worker pay is rising fastest
Although worker wages have risen modestly this year, pay is increasing much faster in some metro areas than in others, labor data shows.
Employer and worker health plan costs expected to jump in 2027
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
August jobs report shows U.S. added 162,000 jobs, blowing past forecasts
Strong hiring last month was driven by gains in education and in leisure and hospitality, with the nation's jobless rate remaining steady at 4.1%.
Sturdy stock market mints a record number of 401(k) millionaires
The number of millionaire 401(k) accounts at Fidelity reached a record 769,000 in the second quarter.
Politics
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Fetterman texts reveal impatience with constituent duties
A former staffer confirmed that Sen. John Fetterman has routinely dismissed and at times refused to do core aspects of the job.
Top military officials faced polygraphs over leaks on munitions, sources say
Some of the highest-ranking officials in the U.S. military were subjected to polygraph tests as part of a sweeping leak probe, U.S. officials briefed on the matter told CBS News.
Judge extends block on Postal Service's new Trump-backed mail-in ballot requirements
A federal judge extended her block on the U.S. Postal Service's new requirements for mail voting, as states prepare to begin sending mail ballots to voters for the November midterm elections.
Judge lets Pentagon move forward with firing Stars and Stripes journalists
The Pentagon accused two of the Stars and Stripes journalists of insubordination after one of them had told "CBS Sunday Morning" in a July interview that she worked for Stars and Stripes, "not for the Pentagon, not for any administration, not for any policymaker."
Trump says Lindsay Clancy "did a horrible, horrible thing"
Shortly after the judge overseeing Lindsay Clancy's murder case declared a mistrial, President Trump called it a "terrible situation" and a "horrible tragedy."
HealthWatch
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Employer and worker health plan costs expected to jump in 2027
Employer health benefit costs are projected to see the steepest increase next year since 2003. That could mean higher deductions and out-of-pocket costs for workers.
Clancy trial highlights need to rethink postpartum care: "The duty is on the system"
Lindsay Clancy's case is resonating with moms across the U.S. — bringing into focus the spectrum of perinatal mood and anxiety disorders and the lack of resources for many women.
What's true and false about infertility? We asked a fertility specialist.
Dr. Temeka Zore, a double board-certified OB-GYN and fertility specialist, joined "Healthful" for a deep dive on all things fertility, from endometriosis to PMOS (formerly known as PCOS) to egg freezing.
The market forces quietly adding thousands to patient bills
The true cost of "vertical integration": Patients directed to a higher-priced location for procedures. Or forced to buy from their insurer's wholly owned pharmacy, which may not stock the drug prescribed or provide it at the lowest price.
Trump inks deal with 9 pharmaceutical companies to lower drug costs
The White House said the agreements will reduce costs to treat Parkinson's disease, macular degeneration, glaucoma, liver disease and other illnesses.
World
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Senior aides to U.K.'s Nigel Farage step down in scandal over undercover report
Two senior aides to Nigel Farage, the firebrand leader of the U.K.'s populist Reform party, have stepped down in the wake of an investigative news report.
Is a far-right party on the precipice of power in a German state?
AfD Saxony-Anhalt is a racist extremist group, according to the German state's intelligence agency. The party may well trounce its rivals in this weekend's state election.
Andrew Tate indicted on trafficking, money laundering charges by Romanian prosecutors
Romanian prosecutors have indicted social media influencer Andrew Tate on charges including trafficking minors and money laundering.
Live
Iran war is "small potatoes" for U.S., Trump says
President Trump downplayed the war with Iran and also defended Vice President JD Vance saying it wasn't a war.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Entertainment
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Entertainment
New movies to look out for this fall
The fall movie season is here. Variety senior entertainment writer Angelique Jackson joins CBS News to preview some of the films coming out over the next few months.
Beyoncé drops "B-Day" 20th anniversary edition
Beyoncé is celebrating her birthday on Friday by dropping a 20th anniversary edition of her defining album, "B'Day." SiriusXM Radio host Lamar Dawson joins CBS News with a look at Queen Bey's album and other pop culture news.
Wahlberg and Abdul-Mateen talk "By Any Means"
The murders of real civil rights activists in Mississippi inspired "By All Means," a crime thriller which explores the two figures working to build trust and serve justice. Stars Mark Wahlberg and Yahya Abdul-Mateen II joined "CBS Mornings" to share their experience with the film.
KIND Snacks founder on his new podcast
"Shark Tank" judge and KIND Snacks founder Daniel Lubetzky joins "CBS Mornings" to discuss his new podcast, "Build or Break," where he sits down with fellow entrepreneurs and industry disruptors.
Gloria Steinem dies at 92
Gloria Steinem, a feminist icon and a pioneer in the women's liberation movement, has died at 92. CBS News' Jarred Hill looks back at her historic career.
Technology
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Technology
FBI deputy director on using AI to fight crime
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
How AI is reshaping the U.S. Open for players and fans
At the U.S. Open, artificial intelligence is giving players and fans a new way to experience the tournament.
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.S. Open embraces artificial intelligence
At this year's U.S. Open, live artificial intelligence insights are bringing the digital world to the court, reshaping the tournament experience. CBS News digital reporter Lauren Fichten has the details.
Testing London's first self-driving taxis
The first self-driving taxis have launched in London. Uber has 15 vehicles operating in the city with a required supervisor in the car. CBS News' Leigh Kiniry took an autonomous ride with Wayve co-founder and CEO Alex Kendall, whose AI technology is powering the robotaxis in London's iconic Westminster.
Science
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Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
NASA plans to launch new space telescope
NASA's new telescope could change the way we see space. With a wide-field camera that will reveal an area up to 200 times larger than the Hubble Space Telescope, and an orbit a million miles from Earth, the Nancy Grace Roman telescope is expected to find tens of thousands of unknown exoplanets.
Invasive Joro spiders are "slowly spreading." Here's what to do if you see one.
The Great Smoky Mountains National Park told visitors Tuesday that invasive Joro spiders "may be hanging in a web near you."
A summer of extremes: Weathering a hotter world
July was the hottest month ever in the Lower 48 States – another escalation of our world into a hotter, more dangerous planet, where extreme weather events – such as heat waves, wildfires and hurricanes – will become more common and more extreme.
Crime
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Crime
FBI deputy director on using AI to fight crime
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
Aggressive passenger duct-taped mid-flight
A man was duct-taped to his first-class seat on an American Airlines flight and later arrested after allegedly exhibiting violent behavior, and forcing the flight to be diverted. Kris Van Cleave has the story.
What Lindsay Clancy mistrial ruling means
The Massachusetts trial of Lindsay Clancy, the mother charged with murdering her three young children, ended in a hung jury on Friday. Shanelle Kaul reports and Caroline Polisi has legal analysis.
How the Lindsay Clancy case got to a mistrial
Was Lindsay Clancy legally responsible for the killing of her three young children? After 41 days, we are no closer to an answer as the judge has ruled a mistrial. CBS News' Shanelle Kaul and Caroline Polisi break down how the case ended with a hung jury.
Clancy attorney speaks out after mistrial
Lindsay Clancy's criminal defense attorney, Kevin Reddington, held a news conference on Friday after a judge declared a mistrial in the case. Watch his full remarks.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
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.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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.
Dolly Parton: An extraordinary life in pictures
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.
Investigating the death of designer Sylvie Cachay
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 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.
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.
Latest CBS News Videos
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Latest CBS News Videos
Reform U.K. accused of breaking foreign funding law
Reform U.K.'s annual convention comes amid fresh controversy after an undercover investigation alleged that senior figures in Nigel Farage's party discussed securing foreign funding, which is prohibited under British law. Reform denies wrongdoing, saying it was the victim of a hoax. CBS News reporter Inaya Folarin Iman has the details.
New movies to look out for this fall
The fall movie season is here. Variety senior entertainment writer Angelique Jackson joins CBS News to preview some of the films coming out over the next few months.
FBI deputy director on using AI to fight crime
The FBI is using artificial intelligence to fight crime as it leans into targeting cartels and transnational criminal organizations. CBS News' Anna Schecter spoke with FBI Deputy Director Christopher Raia about the new technology.
Beyoncé drops "B-Day" 20th anniversary edition
Beyoncé is celebrating her birthday on Friday by dropping a 20th anniversary edition of her defining album, "B'Day." SiriusXM Radio host Lamar Dawson joins CBS News with a look at Queen Bey's album and other pop culture news.
NFL opposes certain prediction market bets
The NFL is demanding that prediction markets like Kalshi and Polymarket stop offering risky bets that can be easily influenced by one person. Mark Strassman has the story.