House Speaker Kevin McCarthy faces a tough road ahead to pass a bill that prevents the U.S. from hitting its debt ceiling. His proposal would raise the limit $1.5 trillion in exchange for $4.5 trillion in spending cuts. But he needs virtually his entire caucus to support the bill and, even then, Senate Democrats are gearing up to shut down any major cuts. John Bresnahan, … [Read more...] about The road ahead for Kevin McCarthy and the debt ceiling
Archives for April 2023
Biden may announce bid for reelection next week, multiple sources say
The president is hosting major campaign donors at a small, exclusive gathering next weekend, one Biden donor said. … [Read more...] about Biden may announce bid for reelection next week, multiple sources say
What went wrong with the SpaceX Starship launch?
The launch of an unmanned SpaceX Starship rocket Thursday ended with a midair explosion just minutes after takeoff. This was the Starship's first test flight. SpaceX CEO Elon Musk called the test "exciting" and alluded to another test "in a few months." CBS News space consultant Bill Harwood has more. … [Read more...] about What went wrong with the SpaceX Starship launch?
Great Pacific Garbage Patch home to dozens of marine species, study says
A swirling soup of plastic debris floating in the middle of the Pacific Ocean is now home to dozens of marine species, according to a recent study. Joost Dubois, director of communications at The Ocean Cleanup, spoke with CBS News about the environmental implications. … [Read more...] about Great Pacific Garbage Patch home to dozens of marine species, study says
Chinese-funded illegal weed production expands in U.S.
Twenty states and the District of Columbia have fully legalized recreational pot. But that doesn't mean the black market is dead, and investors overseas are taking notice. Politico federal cannabis policy reporter Natalie Fertig joined with more. … [Read more...] about Chinese-funded illegal weed production expands in U.S.