newton. while negotiators race to reach a debt limit deal. the impact on sbmall business owners,sh they re message is simple, get a deal done. and filling your tank compared to this time last year and what s behind the change. republican governor ron desantis on the offensive, and there are clear signs that the gloves will be coming off now that he s officially running for the white house. announcer: live in cnn center, this is cnn newsroom with paula newton. so the white house and republicans could be on the brink of reaching a deal that would allow the united states to keep paying its bills. negotiators have been hammering out the details in late-night talks and a source tells cnn that an agreement on raising the debt ceiling could come as soon as today. even a deal is reached it still, remember, has to pass both houses of congress to avert a financial disaster. manu raju has our report. the clock is now ticking, june 5th. the new date to avoid the first ever de
saying he feels closer to a deal today than he has before, but not everyone in his party is as optimistic. one top republican negotiator warning the deal is still teetering on the brink and could fall apart entirely. meanwhile, the national deficit continues to soar to new heights and treasury secretary janet yellen says there are only eight days remaining to pay america s bills. is everyone on board? reporter: we ll see about that. he came in to the capitol this morning and told reporters he s feeling optimistic and thinks progress has been made and really they re focused on a few remaining sticking points for this deal. i am told the goal is to have a deal announced by the end of today. we ll see if they can get there. we have new reporting about what the outstanding issues are. one of them is a provision to impose new work requirements on some social safety net programs. i m told they made some progress on that in negotiations last night. we re going to see today wheth
before the u.s. defaults. not everyone is confident a deal can be reached, with at least one top republican negotiator warning a deal could come together as soon as today or fall apart entirely. what is the mood on capitol hill right now? reporter: good afternoon. the mood is more optimistic than we ve heard in days. negotiators here this morning are saying they think they re closing in on a deal and really it s all about having an agreement on the agreement and hashing out the remaining sticking points, which we re told are on work requirements and spending caps. we heard speaker mccarthy came to the capitol shortly before 10:30 a.m. this morning. he says he feels more confident than he has and they ve made progress, but some sticking points remain. i asked him if he thinks he would be able to get his full conference behind whatever deal they re able to strike, and he said he does think that will happen. he also said he thinks a deal could potentially come together as earl
round-the-clock negotiations are on in washington as america faces the very real chance of a potentially catastrophic debt default. house speaker kevin mccarthy saying today he sees progress, but there are still major sticking points that need to be ironed out on everything from spending caps to work requirements. one top republican negotiator warning a deal could be reached as soon as today or they could collapse completely. meanwhile, the national deficit is growing every second, and with no deal in place the u.s. could run out of money to pay its bills, which could have a disastrous impact on the economy. the treasury secretary now saying that could happen in just eight days. cnn s covering all of the angles. what are the obstacles reaching lawmakers from reaching a deal? negotiators were in the capitol until 2:30 a.m. this morning and now they re back in house speaker kevin mccarthy s office meeting virtually with the white house as they continue to try and hash out the
the u.s. treasury pushes back the possible default deadline from june 1st to june 5th, giving debt limit negotiators to reach an agreement. the house minority leader, hakeem jeffries, joins me in just a moment r for an exclusive interview. in ukraine, at least two people are dead and 30 injured after a russian attack on a medical clinic, ukraine claims was deliberate. we ll have a live report from the war zone. and as americans prepare to set out for the memorial day weekend, cnn is at the airport and on the highways with everything you need to know about one of the busiest travel days of the year. welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. our top story this evening, the u.s. treasury says debt limit negotiators have slightly, slightly more time to try to strike a deal. but it s still not clear if the two sides can reach an agreement before the nation defaults. from congress to the white