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.
Watch CBS News
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.