good afternoon to you. i m yasmin vossoughian, we have breaking news on the debt ceiling negotiations. word a short time ago of a white house meeting tomorrow between president joe biden house speaker kim mccarthy. a sign of hope after the two men spent today selling very different versions of the senator talks. i ve done my part. we put forth a proposal to cut spending by more than a trillion dollars. at the top of the nearly three trillion dollars of reduction, i am pleased to propose the spending cuts and new revenue. now it s time for the other side to move, they have very extreme positions. the president has really shifted right after the more progressive socialist wing of the party stood up and said they want to spend more money. he s now bringing something to the table that everyone said was off the table. so members of congress are holding their breath as we are just a couple days away from default, with the finger-pointing coming fast and furiously. i am putt
officials will be holding a press conference later this hour, and we ll of course bring you any detail we learn later this hour. but first most americans have spent at least some of their life living paycheck to paycheck not knowing how or even if they ll be able to pay their bills each month, and now that is not just americans, it is also the country america itself. the entire federal government is one month from being out of cash, and that is not an exaggeration. we re already four months past the debt limit. the treasury has been doing creative accounting to move the money around since then. and now the treasury is the warning the government of the united states could truly, truly be broke by june 1st. if republicans in congress do not raise the debt ceiling in the next 30 days the global economy could collapse. so given the staelks here this should be a relatively straightforward fix, because who would want to use the debt ceiling as a negotiating wedge. hopefully we
right now in texas, the manhunt is intensifying for the suspect police say fatally shot five of his neighbors execution style. what we know about the victims including one who was just 9 years old. flood waters are still rising in parts of iowa as residents are using boats to salvage what they can from their underwater homes. we ll take you live to davenport. and on this international workers day, as many as 1 million demonstrators are taking to the streets of france amid president macron s decision to raise the nation s retirement age. we ll take you live to paris. and we begin with breaking news on the state of the u.s. banking system. overnight, federal regulators moved to close down first republic bank and sell its assets to jpmorgan chase. this morning first republic s 84 branches in eight states reopened as branches of jpmorgan chase. this is the third and actually the biggest u.s. bank to fail this year. it s also the second largest bank by assets to fail in u.s.
Right now were hearing from the State Attorney General and the police commissioner. We really cannot forget in all of this the eight alleges victims, boys as young as 7 or 8 years old. We do have to warn you that the details reveiled revealed by the grand jury are report and hard to stomach. Many News Articles and Opinion Pieces have already been written about this and many of you are very familiar with the allegations contained in the presentment, as well as the defendants that have been charged and the institutions and organizations that have been mentioned in this case. I also understand that many of you have questions concerning the allegations. The criminal charges an other issues related to the case. Commissioner noonan and i will attempt to address many of those as many of those questions as possible, but i need to qualify that statement by making it clear that this is an Ongoing Investigation and its also a grand jury investigation, which means that there are going to be some d
we know that investigators found a knife sheath at the crime scene. that s what they tell us, and the dna on it matched coal burger. according to the source, just months before these murders he went online, amazon, and bought a fixed blade knife, the type of weapon investigators believe was used in this case. and a knife sheath. so his personality, and the way he treated women. we are told also by that source that cool burger told a woman during his graduate program, and when i she came home and found items in her apartment moved around. nothing was taken, so she didn t call police. but called kolberg, or who according to the seas came over and install this video surveillance camera, and