to avoid a monday default, simple majority needed in the house and senate. this is a two-year deal, that is hope, dream and handshake you will commit to spending caps. nobody gets everything they want in negotiation. take two trillion savings. ashley: lucas tomlinson has more from washington. good morning. lucas: good morning. more time to watch more racing. debt ceiling deal only passed by a single vote, it needs 218 to pass. speaker mccarthy is confident it will. see where things stand. one democrat, aoc and third of know ares are against the bill. here is some speaking out against it. sending one person into a room with another person and no cameras and they come out and say up or down, take it or leave it, that is not a good process. this is about increasing the credit card for prospective spending. this bill is smoke and mirrors, never are we talking about interest on existing debt. 32 trillion, one trillion is 30 billion. lucas: americans are over trilli
hit the campaign trail in iowa today. getting brand new reporting on the former president s strategy there and how it might play nationwide. and we have wild pictures out of iceland, just look at this, when a volcano began erupting overnight. it would be beautiful if it wasn t so destructive and dangerous. an update on what is happening there now. and new law in texas making it a state crime to enter illegally from mexico. the details after the increase in crossing at the attorney border. i m sara sidner with kate bolduan. john is off. this is news central. and today, it is all about iowa. nearly all of the 2024 republican presidential candidates will be in the state. and ready to rumble. they have no time to lose. less than a month until the caucuses. and that is translating into more face time with caucusgoers. more money going to ads, more money going to bolster every campaign s ground game to get iowans to turn out and caucus on january 15th. and this morning cnn ha
and if so, how might that happen? we ve already seen some service-based and manufacturing jobs turned to ai in a big way. but what about other industries? can ai replace journalists or news anchors? perhaps it already has. anderson cooper: because what you just saw and heard a moment ago was not actually me. this is me, anderson cooper. anderson cooper ai: and i am an ai-generated anderson cooper. anderson cooper: that wasn t my real voice. and i never spoke the words you just heard. we asked a young student in california to create a fully end-to-end ai version of me. looks like me sounds like me and it didn t take him very long to do it. anderson cooper ai: this ai version of me was created in just a few weeks actually, with open-source tools. anderson cooper: and remember, this technology is still in its infancy. it s only going to get better and faster and more accurate, which raises all sorts of questions, like how will we know what s real? anderson cooper ai: and what is
if you have just joined if you havejustjoined us it is time for the top business stories. we start here in the uk where in the next few hours the bank of england is widely expected to raise the cost of borrowing for the twelfth time in a row. the quarter percent rise most economists are predicting would take the bank s main interest rate to 4.5% the highest it has been in almost 15 years. the big question though will it be enough to start to get inflation, which is still running at more than 10% a year, under control? let s speak to katharine neiss she has held various roles at the bank of england and is now chief european economist at p gim fixed income. good to have you on the programme. iassume good to have you on the programme. i assume you are with the majority believe we are looking at a rate hike today of another 25 basis points. today of another 25 basis oints. . , today of another 25 basis oints. . , ., , points. that s right, that s the consensus p
witnessed at last night s town hall. many of you have expressed deep anger and disappointment. many of you are upset that someone who attempted to destroy our democracy was invited to sit on a stage in front of a crowd of republican voters to answer questions, and predictably, continued to spew lie after lie after lie. and i get it. it was disturbing. it was disturbing to see and hear that person refer to a black law enforcement officer as a thug, an adjective he used many times to describe black men and called kaitlan collins, the moderator nasty, which is what he calls any woman who stands up to him. it was disturbing to hear him speak to shyly of qanon conspirators who assaulted officers on january 6th. and it was awful to hear him spread lies about the election. and young and old, fellow citizens, people who love their kids and go to church, laugh and applaud his lies and his continued defamation of woman who according to a jury of his peers he sexually abused and defamed