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Transcripts For CNNW CNN 20240706

welcome to news room. erdogan secures the historic third term as turkey s president. we ll take a look at what it means for the country s relations for washington and we will show you the dramatic video of the moment a driver and passenger fired at each other while on board the moving bus. live from cnn center, this is cnn newsroom. we begin in washington where there is an urgent push for a tentative deal to avoid a default. president biden and kevin mccarthy have cut the deal though they are facing pushback. the bill has to clear the senate. mr. biden says he is confident it will make it to his desk. the speaker and i made clear from the start that the only way forward was a bipartisan agreement. that agreement now goes to the united states house. and to the senate. i strongly urge both chambers to pass that agreement. mccarthy has released the text of the 99 page bill which includes raiseing the debt ceiling two years. increasing spending on defense and veteran is

Transcripts For CNNW CNN 20240706

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

Transcripts For CNNW CNN 20240706

lawmakers have now finally agreed to a tentative debt ceiling deal. there is still a long way to go including selling members of their parties on the plan. can they get the support they need to prevent default? an unprecedented move. impeaching a state attorney general after an investigation into corruption and obstruction of justice. the latest on the historic action. a hollywood hideaway. the sultans, could it supercharge the future of electric vehicles? yes. and the little mermaid is out. hout inspires a new generation of young black girls. we begin in washington and the debt limit. the white house and republican negotiators reached an agreement in principle. there are concerns that the nation could potentially default. it needs to be written and passed by june 5th, the day janet gallons of the government will run out of cash and there are skeptics in the house and senate who will have to be one over before the president gets a chance to sign that bill. we have t

Transcripts For CNNW CNN 20240706

welcome to cnn this morning. good to be with you. here s what we re watching this morning. lawmakers finally reach a tentative debt ceiling deal, but of course the fight is not over. now president biden and house speaker mccarthy have to try to get the members onboard from their representative parties. can they get it to the president s desk by june 5. the texas house of representatives votes to im beac impeach ken paxton. the latest on the action and what happens next. look at this. remarkable new images of the sun. we have never seen the sun this way. powerful telescope captures photos of the sun s surface. we will talk about how they could help scientists studying the sun and the solar system. and a groove of bipartisan lawmakers in washington comes together to mark memorial day. we will show you how they are paying tribute to the fallen. beginning with that race in washington to crack the legislation to raise the nation s debt ceiling and avoid this historic d

Transcripts For CNNW CNN 20240706

you re live in the cnn newsroom. i m jim acosta in washington. we begin with president biden playing salesman in chief. the white house has been briefing house and senate democrats on the tentative deal to raise the nation s debt ceiling. a source says that a midafternoon phone call between president biden and house spe speaker kevin mccarthy has not happened yet. the call was to finalize the remaining details. experts say a default would be disastrous for the u.s. and global economies and that threat is still looming ominously at this hour. on capitol hill, lawmakers sound like they re unhappy with this deal. so passage is not guaranteed yet. this is unfolding as a june 5th deadline is drawing closer. we re following all of these latest developments. priscilla alvarez is at the white house for us. what are you learning about this phone call? is it going to happen? there s ever expectation that it is going to happen, jim. as you mentioned, president biden had said it wa

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