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Transcripts for CNN CNN Newsroom Live 20240604 07:02:00

but house leaders, they seem confident they ll get the votes to send this bill to the senate. listen. there were members this morning who were undecided, who had some very valid questions, were getting the information. and by tonight, they came up and spoke and said they re now going to vote for the bill. i think you re going to continue to see that vote grow. that s what happens with any major bill. meantime, the white house is trying to assure democrats they got the best possible version of the debt deal given the circumstances. cnn s phil mattingly has the details now from washington. reporter: white house officials entered this week keenly aware that the deal they struck, the deal to raise the debt ceiling until 2025 was one that not everyone would like. there would certainly be conservatives that had major issues with it, but there would also be progressive democrats that were youupset about elemen. white house officials knew they needed to explain why they did what they did

Transcripts for CNN CNN Newsroom Live 20240604 06:31:00

welcome back to all of our viewers here in north america. just days before the u.s. government was expected to run out of cash and setoff a global economic calamity, president joe biden and republican house leaders say they have a deal in principle. right now both sides racing to secure the votes in the republican controlled house and the democratic controlled senate to approve the agreement. negotiators are set to be working on the final text which would go to a vote in the house of representatives possibly on wednesday. while it reportedly includes raising the government s borrowing authority for two years but also includes a raise

Transcripts for CNN How It Really Happened 20240604 05:31:00

biden and republican house leaders say in principle, they have a deal. but now both sides are racing to secure votes in the republican-controlled house, and the democrat controlled-senate, to approve the agreement. a source telling cnn the president and house speaker kevin mccarthy finalized the deal during a phone call a few hours ago. negotiators are said to be working on the final text right now, which would go to a vote in the house of representatives next week. probably wednesday. it reportedly includes raising the government s borrowing authority for two years, but also reportedly freezes increases in most nondefense spending for the same period. mr. biden caulk the agreement a compromise. mccarthy calling it a deal worthy of the american people. the president also stressed that because it is a compromise in his words, not everyone gets what they want. cnn white house reporter priscilla alvarez with the story. reporter: the white house and house republicans have reached

Transcripts for CNN How It Really Happened 20240604 04:31:00

biden and republican house leaders say they have a deal in principle. a source telling cnn the president and house speaker mccarthy sealed the agreement during a phone call just a few hours ago. negotiators are said to be working on the final text, which would go to a vote in the house of representatives early next week, perhaps wednesday. it reportedly includes raising the government s borrowing authority for two years but also reportedly freezes increases in most non-defense spending for the same period. mr. biden is calling the agreement a compromise while mccarthy is calling it a, quote, a deal worthy of the american people. the president also stressed that the cause of his compromise, quote, not everyone gets what they want. cnn white house reporter priscilla alvarez has the story. reporter: the white house and house republicans have reached an agreement in principle on the debt ceiling, this the outcome of 24 hours of tireless talks

Transcripts for CNN CNN Newsroom Live 20240604 08:32:00

welcome back to our viewers in the u.s. and around the world. days before the government was expected to run out of cash and set off egg global economic calamity, joe biden and republican house leaders said they have a deal in principle. both sides are racing to secure the votes in the republican controlled house and the democratic-controlled senate. they re working on the final text which will go to a vote possibly on wednesday. the mayor of new york city has asked a judge to suspend portions of the right to shelter law. the city is struggling to cope with the influx of migrants being tossed into the state from the southern border. reporter: amid the migrant

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