here in new york. welcome everyone to alex witt reports. developing this hour, president biden today will sign the debt ceiling bill into law. averting a disastrous default two days before that deadline. the president is using his first oval office address to praise the bipartisan agreement, and stressed its importance. it was critical to reach the agreement. and it s very good news for american people. no one got everything they wanted. the american people got what they needed. we averted an economic crisis, an economic collapse. in this debate, i refused to put what was responsible for all of this progress on the chopping block. i ve never been more optimistic about america s future. brand new details today, reports the special counsel has a recording of donald trump talking about a classified document regarding the new york times says the justice department issued a subpoena for that document, trump lawyer say they can t find. it last night msnbc s are allanburg
london. max foster has the day off. just ahead on cnn newsroom. we ve got good news, we ve reached a bipartisan budget agreement. we re ready to move to the full congress. this is a good strong bill. we ve had incident that is happen over and over again that heightens the sense of severe. president erdogan not unreasonably steps down from the position. he doesn t have to worry for the time being. . lives from london, this is cnn newsroom with max foster and bianca nobilo. it is monday, may 29th, 9:00 a.m. here in london. 4:00 a.m. in washington. why u.s. president joe biden and house speaker kevin mccarthy are racing to sell their debt ceiling deal to congress. the tentative agreement would raise the debt limit for two years and avoid the possibility of a catastrophic default. and lawmakers are both sides of the aisle are expressing their concerns here s how the president and speaker defended their plan. they said they d only do it on the condition that it h
we have a debt deal, but will members of both parties support it? the work far from over. the hardest part could still be ahead. what we re hearing from lawmakers as leaders start whipping votes. and children sent racing for shelter for their lives in ukraine, as russia launches a rare daytime attack on the capital kyiv. authorities are promising swift retaliation now, but after months of talk, anticipation of a counteroffensive is coming soon. we are following these major developing stories and many more, all coming in right here to cnn news central. so they have a deal, but do they have the votes? president biden and speaker mccarthy may have ended their staredown over the debt ceiling but progressives and conservatives are saying their respective sides gave too much away in this compromise. if the bill passes, the u.s. avoids a default and washington won t have to deal with the debt ceiling again until january, 2025. probably not a coincidence that that s after the next
they have a deal. now they need the votes. the republican-led house is expected vote this week on the new debt deal as the treasury secretary warns that the united states is going to default on the debt one week from today. huge explosions in kyiv as russia launches a rare daytime attack on the capitol. we have the assessments of the damage. and now, it is memorial day in honor of the soldiers who have died in service to the nation. and this is the tomb of the unknown soldier. the president and first lady will participate in a wreath laying ceremony. we will bring that to you are right here on cnn news central. the clock is ticking, but there are real signs of progress. a breakthrough in the negotiations over the debt ceiling over the weekend, and deal among the leaders, but will the other lawmakers follow their lead? one week from today, the united states could default on the debt which is unprecedented as we have talked about so much. president biden and house speak
florida say at least nine people, including a one year old child, were wounded in a shooting on monday evening. it happened near a busy pedestrian area by the beach in south florida. here, you can see people starting to run after gunfire broke out. police believe the shots were fired during an altercation between two groups of people. they ve detained one person of interest, and are searching for another suspect. officials held a press conference earlier. people come to a holiday, enjoy a holiday weekend on the beach with their families. and to have people, incomplete reckless disregard of the safety of the public, and you have an altercation with guns in a public setting with thousands of people around them is beyond reckless. it s unfortunate when we have law abiding citizens come to our beach to enjoy the day, and gets disrupted by a group of criminals who engage in this type of violent activity. as the mayor stated, we will leave no stone unturned. we have numerous agen