CBO report: U.S. could default as soon as July if debt limit isn't addressed
In January, Treasury Secretary Janet Yellen sent a letter to congressional leaders telling them the U.S. had hit the $31.4 trillion debt limit.
Watch CBS News
In January, Treasury Secretary Janet Yellen sent a letter to congressional leaders telling them the U.S. had hit the $31.4 trillion debt limit.
She was attacked in her apartment building near the U.S. Capitol on Thursday morning.
"At this point George Santos has more people working for him than Nanette," one CHC member commented.
During his State of the Union address, President Biden said, "Some Republicans want Medicare and Social Security to sunset," prompting boos from Republicans and Congresswoman Marjorie Taylor Greene to shout "liar" at the president.
Biden's calls for bipartisanship comes as a new CBS News poll released Tuesday showed many Americans are still anxious about inflation and the economy.
President Biden has plenty to address during his State of the Union Tuesday night, including the country's economic future. Ed O'Keefe and Caitlin Huey-Burns were joined by Congresswoman Pramila Jayapal to discuss what the Democratic party expects from the State of the Union.
CBS News senior White House correspondent Weijia Jiang has some early excerpts from the president's State of the Union speech, plus details on who Mr. Biden has personally invited to Capitol Hill.
President Biden will outline his vision for building economic progress during his second State of the Union address Tuesday. Nancy Cordes reports.
President Biden delivers his State of the Union address tonight. He is expected to discuss the U.S. debt ceiling as well as his administration's accomplishments, such as the bipartisan infrastructure deal and improvements in the unemployment rate. CBS News congressional correspondent Nikole Killion has a preview of what to expect, and the Congresswoman Rosa DeLauro, a Democrat from Connecticut, joins CBS News with her take on the key issues.
President Biden is set to deliver his State of the Union address Tuesday at 9 p.m. ET. CBS News chief White House correspondent Nancy Cordes joins "CBS News Mornings" to discuss what he's expected to talk about and what the address means for his potential reelection campaign.
DNC senior adviser Cedric Richmond, a former Democratic congressman who also worked in the Biden White House, joins CBS News ahead of President Biden's State of the Union address to discuss the administration's priorities for the next two years, and when Mr. Biden may announce his plans for 2024.
President Biden will be delivering his State of the Union address Tuesday evening. CBS News' Nikole Killion is joined by two former members of Congress, Cheri Bustos, a Democrat from Illinois, and Fred Upton, a Republican from Michigan, to discuss what the the president will address and what lies ahead for the 2024 election.
For the third year in a row, an 8-foot black metal fence will surround the Capitol complex ahead of President Biden's address to Congress. It was erected over the weekend and will remain in place through at least Wednesday, surrounding the 175,000-square-foot Capitol grounds complex. CBS News congressional correspondent Scott MacFarlane takes a look.
The U.S. military on Saturday shot down a suspected Chinese spy balloon that had been floating high above the U.S. for days. CBS News correspondent Jarred Hill reports on the latest, and CBS News senior foreign correspondent Elizabeth Palmer joined "CBS News Mornings" to discuss how the incident could affect U.S.-China relations.
The accuser, Derek Myers, told CBS News, "This is not about attention; it's about holding the actions accountable."
"There is a pathway forward, and I'm going to be tireless and not stop until we do significant things to make Americans safer," the Democratic senator said on "Face the Nation."
Congressional Black Caucus members went to the White House Thursday for a meeting on police reform. CBS News congressional correspondent Nikole Killion and CBS News senior White House and political correspondent Ed O'Keefe join "Red and Blue" to discuss that as well as the latest on debt limit talks.
The Congressional Black Caucus wants President Biden to rally support for police reform. CBS News congressional correspondent Nikole Killion joins Elaine Quijano and Lana Zak with a preview of what to expect from their meeting.
Democratic Rep. Ilhan Omar of Minnesota was voted out of her committee assignment over previous remarks that were deemed antisemitic.
A veteran has alleged that Santos helped him raise $3,000 for his dying dog through Santos' pet charity, but the veteran said he never got the money.
There are growing calls for police reform following the death of Tyre Nichols. CBS News correspondent Elise Preston reports from Memphis, and then Rep. Marilyn Strickland, a Democrat from Washington state and the whip of the Congressional Black Caucus, joins CBS News to discuss what she believes needs to be done for police reform across the country.
Embattled New York Congressman George Santos told fellow House Republicans he is formally recusing himself from serving on committees. Santos is under scrutiny for his campaign finances and for falsifying his background. CBS News congressional correspondent Nikole Killion has the latest on his decision and the response.
Lawmakers are facing renewed calls for police reform following the death of Tyre Nichols in Memphis. CBS News senior White House and political correspondent Ed O'Keefe and CBS News congressional correspondent Scott MacFarlane join "Red and Blue" to discuss the latest on that plus President Biden's upcoming meeting with House Speaker Kevin McCarthy on the debt ceiling.
The death of 29-year-old Tyre Nichols after a violent arrest in Memphis has renewed calls on Capitol Hill for national police reform. Kirk Burkhalter, professor at New York Law School and director of the 21st Century Policing Project, joins John Dickerson on "Prime Time" to discuss what measures might make a difference.
This will be CEO Shou Zi Chew's first appearance before Congress.
Iran launched attacks on the UAE and tankers in the Strait of Hormuz while the U.S. destroyed Iranian boats "that attempted to interfere" with Project Freedom.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Elizabeth Smart, who survived abduction and sexual abuse as a teenager and went on to become a child safety advocate, recently revealed a pivot into body building.
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Hundreds of Minuteman III nuclear missile silos dot the landscape from Colorado up to the Canadian border, but a major transition is underway.
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.
Tickets for Monday's Metropolitan Museum of Art event in New York City are into the six figures — if you get an invite.
Some Spirit Airlines customers with flight tickets could be out of luck after the discount carrier ceased operations.
The lawsuit ramps up a feud between World Liberty Financial and Sun, who last month sued the Trump-backed company for fraud.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
The U.S. Department of Education says it's opened an investigation into Smith College, an all-women's institution in Massachusetts, for admitting transgender women.
The U.S. military says it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea, killing two people, as number of recent strikes continues to ramp up.
The Supreme Court on Monday allowed last week's landmark decision striking down Louisiana's congressional map to take effect immediately, drawing a sharp back-and-forth between two justices.
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
A federal judge on Monday sharply criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions in jail.
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
A suspected outbreak of the rare hantavirus on a cruise ship in the Atlantic off Africa killed three people and sickened at least three others, health officials say.
Hosted by Jane Pauley. Featured: The effects of overtourism; horse therapy; a tool to help keep dementia in check; Sting on "The Last Ship"; a golf journalist takes over a failing golf course; a Mozart exhibition; and collecting PEZ dispensers.
Many people fear that a family history of dementia dooms them to inevitably suffer the condition themselves. But a new tool, the Brain Care Score, shows how lifestyle changes can be beneficial, cutting the risk of dementia. National Public Radio correspondent Allison Aubrey talks with neurologist Dr. Jonathan Rosand about how making changes to your daily habits might just be the prescription needed.
The U.S. military says it launched another strike on a boat accused of ferrying drugs in the Caribbean Sea, killing two people, as number of recent strikes continues to ramp up.
An explosion at a fireworks plant in a province in central China killed at least 26 people and injured 61 others, authorities said. The cause was unknown. The person in charge was detained.
Two U.S. Navy destroyers transited the Strait of Hormuz and entered the Persian Gulf after navigating an Iranian barrage, according to defense officials.
Search and rescue efforts were still underway as of Monday after the two U.S. Army soldiers went missing off Morocco's southern coast over the weekend while off duty during a training exercise.
Russia on Monday declared a unilateral ceasefire with Ukraine between May 8-9, when Moscow marks its annual World War II Victory Day commemorations.
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
The Met Gala got underway in New York City Monday night, but it wasn't without controversy. CBS News reporter Jared Ochacher has more.
Justin Baldoni and Blake Lively have reached a settlement in their legal battle over the making of "It Ends With Us." Details of the agreement have not yet been made public.
The 2026 Met Gala is facing controversy over its honorary chairs, Amazon founder Jeff Bezos and his wife, Lauren Sanchez Bezos. Adrianna Diaz reports.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
"Sunday Morning" looks back at historical events on this date.
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.
Powerful artificial intelligence data centers are putting a significant strain on the nation's power grid, but one U.S.-based company has a proposal to help solve the issue. Jon Parella, CEO and founder of Terraflow Energy, joins to discuss.
Apple's latest earnings report beat Wall Street expectations. CBS News contributor Patrick McGee joins with more.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
The White House was on lockdown Monday afternoon after the Secret Service shot a gunman just blocks away near the Washington Monument. Nicole Sganga reports.
Cole Allen, the suspected shooter at the White House Correspondents' Dinner, was moved off suicide watch in jail ahead of his appearance in court on Monday. CBS News senior coordinating producer Anna Schecter has more.
Spanish police impounded what is believed to be a national record haul of cocaine from a ship, with the seizure potentially reaching 40 tons, a union said.
U.S. Attorney for the District of Columbia Jeanine Pirro is claiming that Cole Allen, the suspect linked to a shooting at the White House Correspondents' Dinner, fired a shot that hit a Secret Service agent's vest. CBS News' Katrina Kaufman has more.
At least 18 people were at hospitals following a shooting at a party at Arcadia Lake, near Oklahoma City, police say.
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
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.
Celebrities graced the Met's green and white carpet with their interpretations of this year's dress code, "Fashion is Art," inspired by the exhibit "Costume Art." Here are some of the most unforgettable, showstopping looks of the night.
Florida has become the latest state to approve a partisan gerrymandered congressional map. CBS News executive director of elections and surveys Anthony Salvanto has a look at the nationwide congressional redistricting moves.
Fallout continues from Spirit Airlines' closure; new details on missing U.S. soldiers in Morocco.
Secret Service shoots gunman near Washington Monument; United flight was only 20 feet above New Jersey Turnpike when landing gear hit truck.
A federal judge on Monday criticized the treatment of accused White House Correspondents' Dinner attacker Cole Allen, at one point apologizing to the defendant for what he saw as overly restrictive and punitive conditions at the D.C. jail where he is being held. CBS News' Jake Rosen reports.