
What is an open convention?
CBSN
Washington — President Biden's announcement Sunday to end his 2024 reelection bid caps a chaotic few weeks in which he faced calls from more than three dozen elected Democrats to exit the presidential race due to concerns about his fitness for a second term.
Mr. Biden has thrown his support behind Vice President Kamala Harris, and key Democrats are lining up behind her to become the Democratic presidential nominee. Harris said in a statement that she intends to "earn and win" the party's nomination.
The shakeup at the top of the ticket comes just weeks before Democrats are poised to convene in Chicago for the Democratic National Convention, beginning Aug. 19. The party has long been planning a virtual roll call vote to formally nominate its presidential candidate to take on former President Donald Trump in November, and delegates and party leaders have been told it's expected to take place Aug. 1.

The Republican budget package aims to make President Donald Trump's tax cuts permanent while offering a host of new financial breaks. Yet the "big, beautiful bill," as the legislation is dubbed, could also effectively transfer wealth from younger generations to older Americans over their lifetimes, a recent study finds.

Washington — Kilmar Abrego Garcia, the Salvadoran man who was deported back to his home country and then returned to the U.S. for federal prosecution, is set to remain in jail for several more days as lawyers debate whether the Justice Department can stop him from being deported if he is released from federal custody pending his trial on human smuggling charges, according to The Associated Press.