U.S. could hit debt ceiling mid-December
Less than a month after lawmakers passed a small increase to the debt limit, the country again faces a deadline.
Watch CBS News
Less than a month after lawmakers passed a small increase to the debt limit, the country again faces a deadline.
President Biden unveiled a new $1.75 trillion framework for boosting social programs and combating climate change on Thursday, calling on Democrats to unite around his Build Back Better agenda. The plan still faces an uphill battle on Capitol Hill, where Democrats remain divided over the path forward. Watch Mr. Biden's remarks.
President Biden revealed the framework for his "Build Back Better" plan before traveling to Europe. Mr. Biden hoped to have the spending bill approved by now, but Democrats have been unable to make a deal. Nancy Cordes spoke to Treasury Secretary Janet Yellen, who helped broker a compromise.
President Biden unveiled his revised $1.75 trillion spending plan from the White House today. CBS News' Debra Alfarone breaks down what's included in the proposal, and CBS News congressional correspondent Nikole Killion and CBS News political contributor Sean Sullivan joined CBSN's Tanya Rivero to discuss the negotiations on getting it passed.
The race for mayor in Buffalo, New York, is heating up with just days left until Election Day. Incumbent Democratic mayor Byron Brown is vying for a fifth term as the leader of New York's second largest city. But he's running as a write-in candidate, after losing the primary election in June to Democratic Socialist India Walton. Chris Horvatits, a reporter for CBS Buffalo affiliate WIBV-TV, joins CBSN's Lana Zak to discuss the race.
Hopes are fading that Democrats can reach an agreement on President Biden's massive social spending plan before he leaves for Europe. Ed O'Keefe reports.
Democratic lawmakers are considering a billionaire income tax to help pay for President Biden's agenda. CBS News reporter Sarah Ewall-Wice joined CBSN's Tanya Rivero with more on how this tax would work.
Boston residents are getting ready for a historic election next week as voters elect a new mayor. Boston Globe politics reporter Emma Platoff joins CBSN AM to break down the final debate between Democrats Michelle Wu and Annissa Essaibi George and the issues at stake.
President Biden heads to Europe Thursday for a series of meetings with world leaders. His trip includes a stop in Rome for the G20 Summit, where he will talk about his economic objectives on a global scale. Here at home, Democrats say they're nearing the finish line in negotiations over Mr. Biden's domestic agenda. CBS News senior White House and political correspondent Ed O'Keefe joined CBSN with more.
Democrats also proposed a 15% minimum tax on companies reporting more than $1 billion in profits each year.
Democrats spent another long day in negotiations, hoping to iron out the framework of a deal on the president's social spending plan by Wednesday. They've said repeatedly that they're close. Ed O'Keefe has the details.
Top Democrats in the White House and Congress say they are close to a deal on President Biden's Build Back Better bill. CBS News senior White House and political correspondent Ed O'Keefe, Washington Post national reporter Philip Bump and Washington Examiner political and investigative reporter Sarah Westwood join CBSN's "Red & Blue" anchor Elaine Quijano with the latest.
Two prominent political pollsters say Democrats should be focusing on winning over independent voters ahead of next year's midterm elections. Joel Benenson, a polling adviser for both of former President Obama's presidential campaigns, joins CBSN's "Red & Blue" anchor Elaine Quijano to explain why.
President Biden is campaigning for Virginia's Democratic gubernatorial candidate Terry McAuliffe as a new poll shows him in a dead heat with Republican Glenn Youngkin. Charlottesville Tomorrow reporter Charlotte Rene Woods joins CBSN "Red and Blue" anchor Elaine Quijano with the latest on the race.
Democrats say they’re making progress toward making a deal on President Biden’s “Build Back Better” plan. Democrats are reworking parts of the plan, including possibly dropping Medicare coverage for dental work and replacing it with an $800 voucher.
Republicans in the Senate blocked an effort to advance the Freedom to Vote Act last week. It's a setback for congressional Democrats and President Biden, who are trying to enact new federal policies ahead of the 2022 midterm elections. NAACP president and CEO Derrick Johnson joined CBSN to discuss how potential voting reforms could impact communities of color.
President Biden's domestic legislative agenda faces major hurdles as Democrats continue to negotiate key issues. On Sunday, Mr. Biden hosted Senate Majority Leader Chuck Schumer and Senator Joe Manchin at his home in Delaware to try to reach a consensus on the infrastructure and social spending bills. House Speaker Nancy Pelosi says she's "confident" her party will reach a deal soon. CBS News senior White House correspondent Weijia Jiang joins "CBSN AM" to discuss.
Democrats are close to reaching a long-awaited deal on President Biden's social spending agenda. CBS News senior White House correspondent Weijia Jiang joined CBSN with more on the negotiations, plus the president's campaign stop in New Jersey in support of incumbent Governor Phil Murphy ahead of Election Day.
Today on “Face the Nation,” President Biden's massive spending plan nears the finish line as we inch toward the next leg of the marathon to vaccinate vulnerable Americans.
President Biden and congressional Democrats are close to finalizing their much anticipated infrastructure bill. Negotiations are expected to continue into the weekend in an effort to scale back the plan and determine how to pay for it. Christina Ruffini has more.
Democrats are fine-tuning their plan B as they edge closer to a deal for President Biden's $3.5 trillion Build Back Better plan. The amount Congress wants to spend on the measure has dropped significantly, forcing Mr. Biden to make concessions to get it passed. Christina Ruffini reports.
As an agreement on the framework for President Biden's social spending bill inches closer, some proposed programs to help families are getting cut or scaled back, including paid family leave. CBS News reporter Sarah Ewall-Wice joins CBSN's Lana Zak to discuss what's in, and what's out.
President Joe Biden addresses ongoing talks surrounding his multitrillion dollar social spending plan during a CNN town hall in Baltimore on Thursday night. CBS News chief White House correspondent Nancy Cordes joined CBSN to discuss the president's remarks regarding Senate holdouts Joe Manchin and Kyrsten Sinema.
Virginia's gubernatorial candidate Terry McAuliffe is getting a boost from prominent Democrats, including Vice President Kamala Harris. CBS news senior White House and political correspondent Ed O'Keefe attended the Democratic candidate's rally Thursday and joined Lana Zak on CBSN to discuss.
He said if he were ever "an embarrassment" to Democrats, he would "switch to be an independent."
Ukrainian President Volodymyr Zelenskyy lauded "strong security guarantees" from the U.S. after Sunday's meeting with President Trump in Florida.
A powerful winter storm system could become a "bomb cyclone" over the Great Lakes and Northeast regions this week.
Bondi Beach hero Ahmed al Ahmed tells CBS News in an exclusive interview why he sprang into action, risking his own life to save people he'd never met.
Brian Cole told investigators he believed that the 2020 election had been tampered with and he felt "someone needs to speak up," the DOJ alleges in court documents.
China launched live-fire drills around Taiwan on Monday that it said would simulate a blockade of the self-ruled island's key ports, prompting Taipei to condemn Beijing's "military intimidation."
The U.S. announced a $2 billion pledge for U.N. humanitarian aid as the Trump administration continues to slash U.S. foreign assistance and warns United Nations agencies to "adapt, shrink or die" in a time of new financial realities.
Bank of America Chairman and CEO Brian Moynihan stated last week that, as President Trump seeks a new chair of the Federal Reserve, maintaining the banking system's independence is paramount.
French politicians were divided on Monday over how to pay tribute to the late Brigitte Bardot who, despite her screen legend, courted controversy in later life with her far-right views.
A second helicopter pilot critically injured in a midair collision in Hammonton, New Jersey has died from his injuries, police said Monday.