welcome to our viewers in the you united states and around the world. there are signs of movement in the negotiations to raise the debt ceiling. two sources tell cnn that white house and republican negotiators are moving closer to a deal. we ve been talking to the white house all day. we re going back and forth. it is not easy. we want to make sure this is an agreement worthy of the american people and it takes a while to make it happen. jasmine wright is live for us this friday morning in washington. so do we know what the outstanding issues are the democrats and republicans are still far apart on? sounds like they are talking about a two year deal here with spending caps and raising the debt creeling for two years. is that the parameter? reporter: i think those are kind of where negotiations are
looking at how long it will take to get the actual legislation through congress, and with the potential x-date through june 1st. early june is quickly approaching. arlette seanez, thank you. and joining me right now is democratic congressman from new york, gregory meeks, and he is sitting on the financial services, and congressman, thank you for coming in, and since we heard from the white house right now, and the 14th amendment is not look at as an option in terms of raising the debt creeling? it is a last opg that may xhurp the 14th amendment, you know it is going to the supreme co court, and it may not be approved, and then the credit
and then get more time for both sides to iron this out? that s been bandied about. that s where i would be. i don t think it s realistic either, neil. i don t think it will happen. that s what i would be for. neil: you know, republicans, congress woman, have blamed the president for early on not playing a more active role. it could have been in the early days he didn t want to tie a debt creeling to spending cuts. i get that. the valuable time was lost because that is exactly what is being debated and discussed now. look, i do believe that we have in previous administrations not held the debt ceiling hostage. i don t think we should hold it hostage. if i m to be consistent, i m a person that says people should always sit down and talk. we are where we are. i m not going to we are we with are now and i want to know how we re not going to default. i agree with you we need to address is the spending or
one hour from now, president biden is again going to host the top four members of congress and for potential june default date, and no closer to the deal to have catastrophic outcome, and speaker mccarthy is going to tie the debt ceiling to spending cuts and work requirements and biden is going to call for the debt creeling to be dealing with the condition, and if you are going with what the two sides are saying for the two hours, the forecast gloomy, and arlette seanez is at the white house. at some point, someone has to give up something, and can we find out what the potential concessions are today? well, brianna, in about an hour, we should get a glimpse of where the concessions are headed as the white house is going to be hosting kevin mccarthy and other congressional leader here
looming for the debt creeling to be passed. sources have said that the president is expected to meet with the congressional limit tomorrow. we have heard over the weekend that biden is down limit on it, and saying that both sides were far apart. this is very different what we heard from president biden sunday where he seemed to have hope to get it done. we are two weeks away, and what are you hearing? yeah. over the weekend there were continuing conversations among the staff. they actually met for three hours saturday, sara. while the progress was slow behind the scenes, sources said they were making progress. then this morning, you had the house speaker kevin mccarthy saying to our colleagues that he believes that this these negotiations are actually going nowhere fast. this is what he said. i still think that we are far