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Transcripts For MSNBCW The 20240706

tonight may soon be the top story in the markets or even on main street. the president summoning leaders to the white house scheduled for next week to face what they re now calling a far more urgent threat of default with some republicans threatening to take the economy hostage. the final deadline is earlier in the month, republicans doubling down on threats which you may recall picked up in the obama years that instead of voting against new spending, which is the standard way that a politician or a legislator can curb the size of government, totally fine, you say, hey, let s not spend as much. nowadays you may have heard, republicans try to hijack the process of paying the bill, the debt, and they do that as a sort of a voodoo to scare the market, scare the white house, e tract concessions and keep the government from paying the bills it has, that includes naturally bills run up by both democrats and republicans, including recent spending under former president trump. we

Transcripts For CNNW CNN 20240703

Im fredricka whitfield. And we begin this hour with Tropical Storm ophelia. Just hours after making land fall in north carolina, heavy rain, coastal flooding, and high winds, are hitting much of the Eastern Seaboard today. North carolina, maryland, and var are all under a State Of Emergency right now. And the storm is already knocked out power to more than 50,000 homes. And businesses. With those outages expected to grow. Allison chinchar is Tracking Ophelia from the cnn Weather Center and Polo Sandoval is in pelican island, new jersey, watching the impact and feeling it there. Lets begin with you, allison. The National Hurricane center issued a new advisory moments ago. The biggest change that we noted is the sustained winds have calmed down ever so slightly, dropping down now to 50 miles an hour. Still gusting up to 65. Look at the scope of this storm. You have so many of these Outer Rain Bands far away from that center point. And the center is still over north carolina, and you have

Transcripts For CNNW CNN 20240703

You are live in the cnn newsroom. Im jim acosta in washington. Good afternoon. A major new deadline hangs over washington and the heads of federal employees across country. Just one week from today the federal government face as midnight shutdown and unless a funding bill can be passed and signed by the president. With every passing hour that looks more unlikely. House speaker Kevin Mccarthy sent lawmakers home for a long weekend after federal agencies becoming a formal process preparing for a shutdown of Military Personnel. Their paychecks could be delayed for weeks as a crisis grows at the Southern Board Perp federal officials sending more resources to help with this weeks surge of migrants crossing into the u. S. Today House Speaker Kevin Mccarthy conceded he has to win over republicans hardliners but hopeful theyll fall in line to pass a Stopgap Spending Measure and prevent a shutdown. Finally agree on this, and shutting down i dont see and cnn chief Congress Correspondent manu raj

Transcripts For CNNW CNN 20240703

Youre live in the cnn newsroom. Im jim acosta in washington. Good evening. Right now President Biden is on his way to new york where hes slated to meet with World Leaders at the United Nations General Assembly, including ukrainian president Volodymyr Zelenskyy. The stakes could not be higher for the ukrainian leader as his country faces an Uphill Battle in its counteroffensive against russian forces. Hes expected to seek more support from the u. S. And its allies. But as the president prepares for another moment on The World Stage, hes facing Major Political headaches back here in washington. House republicans are moving forward with an Impeachment Inquiry against him. When asked about it at the white house earlier this afternoon, he laughed and told reporters his response to mccarthy is, quote, lots of luck. And thats just one fight up on capitol hill. A Government Shutdown is also looming as the deadline to get a Spending Bill passed in congress inches closer. Lets discuss that and m

Transcripts For CNNW CNN 20240703

Good morning to you all. Welcome to cnn this morning. Im amara walker. And im victor black well. So good to be with you. Tropical Storm Warnings are in effect this morning as lee is downgraded from a hurricane to a post Tropical Cyclone. New england starting to feel the impact of the massive storm. Boston logan is experiencing a spike in Flight Cancellations. So far, 25 of flights leaving boston have been cancelled. Thats according to flight awe ware. Lee is not expected to make landfall, but coastal cities can can expect powerful 50 to 60 mile per hour winds from outer bands of the massive storm. Heavy rain and storm surge could cause flooding along the n nebraska coast. Authorities are telling people to prepare to hunker down as the storm pushes north through the day. Lee is also expected to cause dangerous rip currents along the Atlantic Coast with many states warning people to stay out of the ocean this weekend because of those dangerous surf conditions. We are cover canning all pa

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