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The Wharton School says Harris and Trump campaigns' economic proposals would increase the national deficit. "CBS Evening News" anchor and managing editor Norah O'Donnell asked Minnesota Gov. Tim Walz and Ohio Sen. JD Vance how they would pay for the plans without ballooning the deficit.
The IRS adjusts its tax brackets and other provisions each year for inflation. Here's what experts say to expect in 2025.
Former President Donald Trump outlined his plan to lower taxes for American manufacturing in Georgia on the campaign trail Tuesday, while Vice President Kamala Harris' campaign held a "Republicans for Harris-Walz" event. CBS News chief election and campaign correspondent Robert Costa and CBS News digital reporter Aaron Navarro have the latest.
Former President Donald Trump has unveiled a flurry of proposed tax cuts aimed at seniors, homeowners, tipped workers and more.
The Federal Reserve reduced its benchmark interest rate for the first time in more than four years on Wednesday. The move will directly impact the finances of millions of Americans. Jared Bernstein, chair of the White House Council of Economic Advisers, joins "America Decides" to discuss.
Donald Trump is proposing to reverse a key element of his signature 2017 tax law that affected millions of homeowners. Here's what to know.
Government figures show it now costs more than $300,000 to raise a child from birth to age 18. Since 1997, the federal child tax credit has been helping parents save a little bit of that money. Now, both the Harris and Trump campaigns are proposing supersized versions of the tax break. Nancy Cordes reports.
The presidential candidates hit more battleground states on Friday, with Vice President Kamala Harris visiting two towns in Pennsylvania and former President Donald Trump holding a rally in Nevada. Trump repeated a widely debunked rumor that undocumented Haitian migrants in Springfield, Ohio, are eating people's pets. CBS News campaign reporter Katrina Kaufman has more.
North Carolina Gov. Roy Cooper says Vice President Kamala Harris is "her own person" and has already shown that she wants a way forward while outlining some of her positions on the campaign trail. "It's a pretty clear choice for me," Cooper told CBS News' Caitlin Huey-Burns ahead of Tuesday's debate between Harris and former President Donald Trump.
Ruling comes on same day EU court enforces whopping $2.7 billion penalty against Apple in long-running antitrust case.
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Vice President Kamala Harris released new details Wednesday on tax incentives for small businesses should she win the 2024 election. CBS News campaign reporter Shawna Mizelle reports on the plan.
While campaigning in New Hampshire on Wednesday, Vice President Kamala Harris served up an idea that would allow new small businesses a chance to write off up to $50,000 in startup costs, up from the current maximum of $5,000. Ed O'Keefe reports.
Vice President Kamala Harris and former President Donald Trump's tax plans could affect your paychecks in very different ways. CBS MoneyWatch associate managing editor Aimee Picchi has a look at each of them.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Former President Donald Trump's tax and spending proposals could send the national debt soaring, according to a new study by the Penn Wharton Budget Model. Scott Lincicome, the vice president of general economics at Cato's Herbert A. Stiefel Center for Trade Policy Studies, joins CBS News with more.
The state of the economy continues to be a top voting issue in 2024. Here's how Vice President Kamala Harris and former President Donald Trump differ on economic policy proposals as they campaign for the White House. CBS News' Tom Hanson reports.
The Americans freed in a historic prisoner swap with Russia will likely face challenges as they return to ordinary life, including automatic IRS penalties. Diane Foley, president and founder of hostage advocacy group the Foley Foundation, joins CBS News to discuss the bill sitting in Congress to address the tax issue.
Former President Donald Trump's pledge to cut taxes that seniors pay on their Social Security income would ultimately hurt the program, experts say.
A major tax package that would bolster the popular Child Tax Credit and cut taxes for businesses failed to advance in the Senate on Thursday in the face of widespread Republican opposition.
Immigration and the economy are among some of the key issues for voters in the 2024 election. Now, a new report from the nonpartisan Congressional Budget Office suggests that migrants coming to the U.S. could help the country's financial situation. CBS News immigration and politics reporter Camilo Montoya-Galvez joins to unpack the findings.
Former President Donald Trump revealed more about his policy vision in an interview with Bloomberg Businessweek conducted in June and released this week. Trump said he wants to lower the corporate tax rate to 15% if he returns to the White House. CBS News chief election and campaign correspondent Robert Costa has more.
Project 2025, the plan from the conservative think tank Heritage Foundation, aims to overhaul several portions of the federal government. Some of the proposed changes include a restructuring of the tax code. Howard Gleckman, senior fellow at the Urban Institute, joins CBS News to examine the plan's potential impacts and practicality.
The IRS says its push to step up audits on wealthy tax cheats is paying off, with the agency recovering more than $1 billion.
Project 2025, a blueprint for the next Republican president, proposes major economic changes that could impact millions of Americans.
Milton grew into a powerful Category 5 hurricane and is expected to make landfall on Florida's west coast as a major storm this week.
Exactly 1 year after Hamas' terrorist rampage in Israel, 101 hostages are still missing and the death toll is still climbing.
Vice President Kamala Harris appeared on the popular "Call Her Daddy" podcast.
Georgia's six-week abortion ban has been restored for now, while the state's high court consider's the state's appeal.
A video montage posted to X showed massive fires on the Beirut skyline — but the most dramatic scene was made by artificial intelligence.
Forecasters predict Hurricane Milton will make landfall around the Tampa Bay area Wednesday as a major hurricane.
"An Oprah Special: The Presleys - Elvis, Lisa Marie, and Riley" will premiere on CBS on Tuesday, Oct. 8, at 8 p.m. ET/PT, and will be available for streaming on Paramount+.
Border Patrol's tally of migrant apprehensions in September is the lowest number recorded by the agency since August 2020.
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
Georgia's six-week abortion ban has been restored for now, while the state's high court consider's the state's appeal.
Vice President Kamala Harris appeared on the popular "Call Her Daddy" podcast.
American Water Works says it's investigating impact of breach; utility supplies drinking water to 14 million people.
In turning away the case, the Supreme Court leaves in place a lower court order that blocked emergency abortion care if it violates Texas' near-total ban.
Verizon wireless suffered another outage Monday, but it was resolved within minutes.
American Water Works says it's investigating impact of breach; utility supplies drinking water to 14 million people.
Verizon wireless suffered another outage Monday, but it was resolved within minutes.
With one major medical supplier's production hubs closed, hospitals say they are rationing IV fluid bags and employing other conservation measures.
JPMorgan CEO Jamie Dimon "has not endorsed a candidate," bank says, refuting former president's claim on social media.
Outside of Florida, roughly 99% of homeowners that sustained flooding are not covered, Insurance Information Institute estimates.
Georgia's six-week abortion ban has been restored for now, while the state's high court consider's the state's appeal.
Vice President Kamala Harris appeared on the popular "Call Her Daddy" podcast.
In turning away the case, the Supreme Court leaves in place a lower court order that blocked emergency abortion care if it violates Texas' near-total ban.
Special counsel Jack Smith obtained in January 2023 a court-authorized warrant for information associated with former President Donald Trump's X account as part of its election interference probe.
The rule from the Bureau of Alcohol, Tobacco, Firearms and Explosives seeks to ensure ghost guns are subject to the same requirements as commercial firearms sales.
For decades, widely used pulse oximeters have underestimated the oxygen needs of darker-skinned patients. Will the FDA's new guidelines fix that?
Doctors operated on Allison Misconin's reproductive system while she was more than halfway through her first pregnancy.
Deadly flooding from Hurricane Helene in western North Carolina has disrupted the underground nests of yellow jackets, bees and other insects.
With one major medical supplier's production hubs closed, hospitals say they are rationing IV fluid bags and employing other conservation measures.
It centers around a sweeping new weekly metric called "acute respiratory illness."
Sabrina Kauldhar, 30, was arrested at a hotel after police linked the killings, determining the suspect's description matched in each case.
A video montage posted to X showed massive fires on the Beirut skyline — but the most dramatic scene was made by artificial intelligence.
Prosecutors said Thomas Kwan used his "encyclopedic knowledge" of poisons in his plot to kill Patrick O'Hara.
Japan's government admitted manipulating an official photo of the new cabinet after online mockery of their sagging trousers.
Protests erupted in West Bengal in August to demand justice after the doctor's body was found with multiple injuries in a lecture hall at a state-run hospital.
Academy Award-winner Kathy Bates was certain she had neglected to mention her mom when she accepted the Oscar for "Misery" 33 years ago – until "Sunday Morning" showed her video proof.
"An Oprah Special: The Presleys - Elvis, Lisa Marie, and Riley" will premiere on CBS on Tuesday, Oct. 8, at 8 p.m. ET/PT, and will be available for streaming on Paramount+.
Riley Keough opens up to Oprah Winfrey in a CBS primetime special discussing her mother Lisa Marie Presley's untold stories and her new memoir. In this exclusive clip, Keough recalls what her mother felt the day Elvis died. Vladimir Duthiers makes his "CBS Mornings Plus" debut to share more about "An Oprah Special: The Presleys — Elvis, Lisa Marie and Riley," which airs Tuesday, Oct. 8, at 8 p.m. ET/PT on CBS.
With more than 33 million TikTok followers, artist Devon Rodriguez rose to fame by capturing candid moments of subway passengers. Lilia Luciano highlights his inspiring journey from the South Bronx to international recognition.
The mother of Sean "Diddy" Combs released a statement Sunday defending her son against the federal charges and multiple allegations of sexual misconduct he is currently facing.
Google brings new interactive summary cards to Gmail inboxes to help users track purchases, events.
AM Radio for Every Vehicle Act would require AM radios in electric vehicles, even though automakers claim electric motors interfere with the signal.
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.
Sony's PlayStation Network went down, frustrating gamers around the world who complain they weren't able to sign in to their accounts.
Verizon customers reported their mobile phone service was down in cities across the U.S., giving them only SOS mode.
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
The northern lights could dazzle millions of Americans in some northern states this weekend.
The Bethany Beach firefly is the first lightning bug species to be considered for protections under the Endangered Species Act.
In this episode of "Climate Watch: Protecting the Planet," CBS News senior environmental correspondent Ben Tracy speaks to scientists and experts about the growing number of critically endangered plants and animals and how humans can help.
The author revisits his 2000 bestseller "The Tipping Point," to examine the flip side of that earlier book's lessons about studying social change. Among the topics he covers: Cheetah reproduction.
Sabrina Kauldhar, 30, was arrested at a hotel after police linked the killings, determining the suspect's description matched in each case.
Prosecutors said Thomas Kwan used his "encyclopedic knowledge" of poisons in his plot to kill Patrick O'Hara.
Protests erupted in West Bengal in August to demand justice after the doctor's body was found with multiple injuries in a lecture hall at a state-run hospital.
Alejandro Arcos' murder came days after the killing of another city official. according to the Institutional Revolutionary Party.
Two youths have been arrested in connection to Friday night's attack on former New York Gov. David Paterson and his stepson Anthony Sliwa.
Despite an initially dismal forecast, SpaceX got a break in the weather to send Europe's Hera asteroid probe on its way.
With a hurricane approaching, two high-priority NASA and European missions to an asteroid and Jupiter's moon Europa face delays.
The northern lights could dazzle millions of Americans in some northern states this weekend.
Despite an apparent problem with one of two strap-on boosters, the Vulcan reached orbit and otherwise performed as expected.
Researchers used observations from the Webb Telescope to identify carbon dioxide and hydrogen peroxide on the surface of Charon, Pluto's largest moon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
Hurricane Milton has strengthened into a Category 5 storm as it barrels toward the U.S. threatening much of Florida's West coast with monumental surges and potential flooding. CBS News' Cristian Benavides reports on Hurricane Helene debris that could become dangerous as Milton passes, and CBS News Bay Area meteorologist Jessica Burch has the latest forecast.
Hamas still holds about 100 hostages, including four Americans. For most of the past year, Israelis have taken to the streets to pressure Prime Minister Benjamin Netanyahu to secure a deal with Hamas to release them. CBS News foreign correspondent Chris Livesay has more.
Moran Stella Yanai was at the Nova Music Festival when Hamas gunmen took her hostage during the Oct. 7 terrorist attacks. Now free, Yanai spoke with CBS News senior foreign correspondent Elizabeth Palmer about her ordeal.
The U.S. Supreme Court is reconvening for its new session Monday. The court's docket includes cases dealing with the regulation of so-called ghost guns and the controversial concept of medical transition treatment for transgender children. CBS News chief legal correspondent Jan Crawford has more.
A report from the nonpartisan nonprofit Committee for a Responsible Federal Budget found that both Kamala Harris and Donald Trump would add to the national debt with their economic plans. But the analysis reveals Trump's plan would add $4 trillion more to the national debt than Harris' plan. CBS News campaign reporter Olivia Rinaldi has more.