Wednesday, March 12, 2025
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Biden administration addresses concerns over nation’s debt ceiling deadline

Time is running out for Congress to raise the nation’s debt ceiling. Democratic lawmakers are holding another procedural vote Wednesday afternoon. They hope to raise the debt limit and provide additional funding for government spending through December. However, Republicans are standing firm and promising to block any procedural votes moving forward. CBS News’ Skyler Henry has more. Then White House council of economics adviser Heather Boushey joins CBSN to discuss the Biden administration’s plans ahead of the October 18th debt ceiling deadline. Source

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Student taken into custody after shooting at Texas high school

An 18-year-old is in custody after police said he opened fire inside a high school in Arlington Wednesday morning. Four people were injured. CBS News correspondent Mireya Villarreal reports on the victims’ recoveries. Then, CBS News security and law enforcement analyst James Gagliano joins CBSN’s Lana Zak with more on the investigation. Source

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GOP offers Democrats a short-term debt ceiling extension

Senate Minority Leader Mitch McConnell offered Democrats a short-term solution that would extend the debt ceiling into December. CBS News chief White House correspondent Nancy Cordes breaks down the offer then discusses next steps with CBSN anchor Lana Zak. Source

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Senator Mitch McConnell offers Democrats a short-term debt limit extension

Senate Minority Leader Mitch McConnell made an offer to Democrats Wednesday that would temporarily extend the government’s borrowing ability, avoiding a default on its debts. CBS News senior White House correspondent Weijia Jiang, CBS News’ congressional correspondent Nikole Killion and Insider’s politics reporter Oma Seddiq join “Red and Blue” anchor Elaine Quijano with the details. Source

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