Congress was able to avoid what experts say would be a catastrophic economic crisis by raising the debt limit in the short term last week, but Treasury Secretary Janet Yellen said the recent increase in the debt ceiling provides only a “short reprieve” before the U.S. is set to run …

Southwest Airlines is experiencing a fifth straight day of widespread cancellations. Early numbers show 7% of Southwest flights have been canceled today. On Monday, 435 Southwest flights were canceled, bringing the total above 2,000 since Friday. Some Southwest passengers have had to pick between paying for other transportation or staying …

He ruled the streets of Chicago through fear during most of the Prohibition era. Now, nearly 75 years after the death of the gangster Al Capone, some of his most prized possessions are up for sale. This Friday, Capone’s surviving granddaughters, helped by Witherell’s auction house in California, will sell …

The White House is warning state and local governments that the consequences for them will be dire if Congress doesn’t raise the debt ceiling and the U.S. goes into default.  In a memo, the White House said that if the U.S. can no longer pay its obligations and defaults, “billions …

The following is a transcript of an interview with Dr. Scott Gottlieb that aired on Sunday, September 12, 2021, on “Face the Nation.” MARGARET BRENNAN: Well, we want to go now to former FDA commissioner Dr. Scott Gottlieb, who sits on the board of Pfizer. He’s got a new book …

The following is a transcript of an interview with Representative Veronica Escobar that aired on Sunday, September 5, 2021, on “Face the Nation.” WEIJIA JIANG: Texas Congresswoman Veronica Escobar condemned the Supreme Court’s decision. She joins us now from El Paso, Texas. Good morning, Congresswoman. REP. VERONICA ESCOBAR: Good morning, …

The following is a transcript of an interview with Secretary of State Antony Blinken that aired on Sunday, August 22, 2021, on “Face the Nation.” MAJOR GARRETT: Roxana Saberi reporting from Doha. A new CBS News poll out this morning finds Americans are unhappy with the turn of events in …

Nine moderate House Democrats have told House Speaker Nancy Pelosi they won’t consider backing a massive $3.5 trillion social spending bill until the Senate-passed bipartisan infrastructure passage becomes law, enough lawmakers to halt a key agenda item for Democrats and the Biden administration.  Representatives Josh Gottheimer, Carolyn Bourdeaux, Filemon Vela, …

The Biden administration is calling on Congress to extend pandemic protections for renters facing eviction past the end of this week, arguing that it is unable to do so on its own after the Supreme Court signaled it could only be extended until the end of the month. The White …

El Paso, Texas — Emilio Mendiola sorts neon snapback hats into bins reading “Special $2.99 plus Tax” and exhales. Less than one mile away sits the Paso Del Norte International Bridge, connecting downtown El Paso to Mexico and what once was 90% of his business.   “I’m not kidding. It’s that …