Analysis: U.S. could hit debt limit "X-date" within weeks
The U.S. may be unable to pay its bills within weeks if Congress does not raise or suspend the debt ceiling.
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The U.S. may be unable to pay its bills within weeks if Congress does not raise or suspend the debt ceiling.
President Biden will sit down Tuesday with congressional leaders from both parties as time runs out to raise the nation's debt ceiling. CBS News congressional correspondent Scott MacFarlane joins with a preview ahead of Tuesday's talks.
Sen. Bill Cassidy joins "CBS Mornings" to discuss the steps Congress can take to prevent more mass shootings.
Congressional leaders are expected to meet with President Biden next week to discuss the debt ceiling as the national default deadline quickly approaches. CBS News congressional correspondent Nikole Killion joins "Weekender" with a look ahead.
President Biden is slamming Rep. Kevin McCarthy's House-approved debt limit bill ahead of his meeting with the House speaker and other congressional leaders next week. CBS News congressional correspondent Scott MacFarlane joins Errol Barnett from Capitol Hill with more on the ongoing debt ceiling showdown in Washington.
Lawmakers expressed sharp divisions on how to approach the looming debt limit during a Senate hearing Thursday. CBS News congressional correspondent Nikole Killion and CBS News political correspondent Caitlin Huey-Burns, share reactions from senators and the White House.
Anita Dunn, one of President Biden's highest-ranking White House aides, called on lawmakers to "update our immigration laws to reflect the realities of 2023," noting that the last time Congress passed major immigration legislation was decades ago. Watch her interview with CBS News political correspondent Caitlin Huey-Burns.
Ninety percent of small business owners want the government to avoid default, according to one survey.
President Biden has invited the top four congressional leaders to the White House next week to discuss the debt ceiling. CBS News senior White House correspondent Weijia Jiang and CBS News congressional correspondent Nikole Killion report.
The director of the LBJ Presidential Library, Mark A. Lawrence, joins Major Garrett on "The Takeout." Lawrence compares other presidents to Lyndon B. Johnson and says Johnson is the "gold standard" for making Congress work. They discuss how JFK's assassination weighed heavily on LBJ, and how he placed importance on continuity.
House Republicans passed a measure to raise the debt ceiling that includes deep spending cuts. Anne-Marie Green is joined by CBS News congressional correspondent Scott MacFarlane to discuss what comes next.
The debt ceiling bill Republicans passed in the House is dead on arrival in the Senate, Majority Leader Chuck Schumer has said. The proposed legislation would raise the debt limit and slash trillions of dollars in government spending. CBS News congressional correspondent Nikole Killion joins Errol Barnett and Adriana Diaz from Capitol Hill with more.
In a statement, Bain & Company said it was "cooperating as appropriate with the Chinese authorities," as business ties are strained amid mounting U.S.-China tension.
They said they were writing to Congress to provide information about the handling of documents by the White House as Trump's presidency was ending.
Rep. Kevin McCarthy is facing his first major test as House Speaker: getting support for his debt limit and federal spending plan. CBS News congressional correspondent Nikole Killion joins Anne-Marie Green to discuss.
Reaction continues to pour in regarding House Speaker Kevin McCarthy's debt limit plan, unveiled Wednesday. While the White House has pushed back against it, many House Republicans have voiced support for the proposed plan, that could be voted on as early as next week. Republican Rep. Steve Womack of Arkansas discussed the proposal with CBS News.
House Speaker Kevin McCarthy unveiled on Wednesday the Republican plan to raise the nation's debt ceiling by $1.5 trillion, but it's tied to massive federal spending cuts. CBS News congressional correspondent Nikole Killion joined Anne-Marie Green to discuss the GOP proposal.
But a majority of Republicans would have the GOP in Congress try to stop them.
Views of economy remain negative, with a mixed outlook at best, as possible debt limit crisis looms.
Congress is in the middle of its two-week recess, but still has a lengthy to-do list awaiting lawmakers' return to Capitol Hill. CBS News' Vlad Duthiers explains some of the issues at hand.
Members of Congress are speakoug out about the leak of sensitive Pentagon documents found online. CBS News congressional correspondent Scott MacFarlane joins "Red and Blue" to discuss as well as what the Senate chaplain is urging about gun reform legislation.
The watchdog for the Government Publishing Office said 1,900 Social Security numbers were published in error as part of the Jan. 6 House select committee's final report.
CBS News congressional correspondent Scott MacFarlane joins Errol Barnett and Lana Zak to discuss House Democrats' latest push to take action on reducing gun violence on the heels of a mass shooting in Nashville. He also discusses the latest on a bill that would ban TikTok.
CBS News senior White House correspondent Weijia Jiang joins us to discuss the second Summit for Democracy, which is being co-hosted by President Biden. She also reflects on the president's recent statements about gun violence and his push to pass an assault weapons ban on the heels of a mass shooting in Nashville.
FDIC Chairman Martin Gruenberg estimated about $20 billion would be needed to cover the collapse of Silicon Valley Bank.
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
As millions of Americans hunker down for the winter storm, 18 states and Washington, D.C., have declared states of emergency.
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Federal agents in Minneapolis shot and killed a 37-year-old man in south Minneapolis Saturday morning.
The 37-year-old man killed by a federal officer in Minneapolis is identified by his family as Alex Jeffrey Pretti, an intensive care nurse who was "very upset with what was happening" in the ICE crackdown.
A man is dead after a shooting in Minneapolis on Saturday involving federal immigration agents from Customs and Border Protection. Here's what we know so far.
More than 200 million people are under winter storm threats as officials brace for power outages and travel difficulties.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Bystander videos verified by CBS News show the scene from multiple angles before the fatal shooting of 37-year-old Alex Prett in Minneapolis.
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Thursday marks a year since an Army Black Hawk helicopter collided in midair with an American Airlines plane. The NTSB is expected to rule on the probable cause.
Minneapolis business owners and community members were among the crowd of protesters in sub-zero temperatures following the deadly shooting of 37-year-old Alex Pretti.
Only one in four Americans has a credit score above 800, which is considered exceptional, according to industry data.
Facing pressure from President Trump, credit card issuers are exploring ways to ease borrowing costs.
Federal safety regulators warn that home heating equipment can spark fires or emit carbon monoxide. Here's what to know.
Cold weather can reduce the efficiency of electric vehicles, shortening their driving range. These tips can help.
Other Tesla vehicles also struggled to attract buyers, with sales of its X, S and Y models all sinking from the previous year.
Rep. Maxwell Frost, a Florida Democrat, said a man told him "Trump was going to deport me before he punched me in the face."
Sens. Chris Murphy and Alex Padilla have spent the past two days calling colleagues to whip opposition to the DHS funding bill, according to a source familiar with the process.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
Minnesota Attorney General Keith Ellison said he has seen "no evidence" of a federal investigation into the fatal shooting of Renee Good by an ICE officer earlier this month.
Cassandra King was thrilled to be pregnant after years of fertility struggles and multiple miscarriages. Then a sudden cardiac event threatened everything.
After a year of ongoing measles outbreaks that have sickened more than 2,400 people, the United States is poised to lose its status as a measles-free country.
An infectious disease physician and former CDC official said he does not "have faith" that the U.S. is "handling measles very well."
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Alex Honnold also famously climbed Yosemite's El Capitan without any ropes or safety gear in 2017.
The talks are the first known instance that officials from the Trump administration have sat down with Russia and Ukraine.
Tension remains high between Iran and the U.S. in the wake of a bloody crackdown on protests.
Canada this month negotiated a deal to lower tariffs on Chinese electric vehicles in return for lower import taxes on Canadian farm products.
The Sydney shark attack that killed Nico Antic was one of four recorded in the span of two days.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Beat Me To It."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Brown Eyed Baby."
Massachusetts-based Lily Fitts originally gained a following for her viral song covers, which were shared by artists like The Lumineers and Noah Kahan. Her debut album "Getting By" captured attention for its honest and raw lyrics, and she's got more coming soon. Here's Lily Fitts performing "Lose You Now."
Madison Beer says music has always been her escape since she started writing songs at just 6 years old. But the 26-year-old has had to navigate ups and downs in her journey to stardom. Anthony Mason reports.
Microsoft services were down for thousands of users, according to tracking service Downdetector.
Snapchat's parent company, Snap Inc., settled a lawsuit surrounding allegations of social media addiction burdening users. CBS News' Shanelle Kaul 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.
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
YouTube says it wants to get rid of fake AI videos flooding social media feeds on its platform. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the change.
"CBS Saturday Morning" learns more about Veronika, the clever cow who figured out multiple ways to scratch herself with a broom. It was the first time a cow was seen using a tool.
"Sunday Morning" looks back at historical events on this date.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
For more than 30 years the murder of Debe Atrops in suburban Oregon remained unsolved. Then, an Oregon cold case team took a fresh look at the case and thought there was enough to prosecute Bob Atrops, Debe's estranged husband at the time. Their daughter thinks they have the wrong man.
Kevin Jiang, 26, a Yale graduate student and former Army National Guardsman, was gunned down in New Haven, Connecticut. What appeared to be a road rage incident soon unraveled into a story of obsession and premeditation.
Drew Evans, the superintendent of the Minnesota Bureau of Criminal Prevention, spoke after federal agents killed a Minneapolis man on Saturday. Evans said federal investigators blocked his agency's access to the shooting scene.
Trump administration officials are denying accounts from witnesses who say they saw what occurred during a Minnesota ICE raid where a 5-year-old boy and his father were detained.
At a pretrial hearing on Friday, a judge set the date for jury selection in the case of Luigi Mangione, who is accused of killing UnitedHealthcare CEO Brian Thompson. CBS News legal reporter Katrina Kaufman was in the courtroom and has the details.
Virgin Galactic is sending an all-female research team to space. Kellie Gerardi, who is leading the crew, joins "CBS News 24/7 Mornings" to discuss the goals of the mission.
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A daughter whose mother was murdered is convinced her father is innocent. "48 Hours" correspondent Natalie Morales reports.
A newly engaged Yale graduate student is gunned down by an unknown attacker after a fender bender. Was it extreme road rage or was he targeted? "48 Hours" correspondent Anne-Marie Green reports.
A 900-pound Kermit the Frog took a journey from Hollywood to Atlanta. Brian Unger has the story.
President Trump shocked NATO partners in an interview with Fox News this week about U.K. veterans and fallen soldiers in Afghanistan. He walked back the comments on Truth Social. Haley Ott has more details.
President Trump insults the Canadian prime minister, calling him "Governor Mark Carney," as he threatens new tariffs against the country. Willie James Inman has the details.