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Transcripts For CNNW CNN 20240706

was, as predicted by some, overshadowed by technical glitches. also new overnight, america s credit rating is at risk. a key rating agency now put the u.s. on watch. the one week to go until a possible default. and house speaker kevin mccarthy is set to send house members home for the weekend with no deal. meanwhile, u.s. intelligence is indicating that a ukrainian group may have been behind that recent drone attack on the kremlin. officials picking up chatter of ukrainians blaming one another. and anti-lgbtq campaign takes on corporate america again. target remove sometimes pride merchandise after some employees were threatened. and fans around the world are san. she was the queen of rock n roll, tina turner died at age 83. we re going to remember her life and her legacy on cnn this morning which starts right now. she was the queen. the queen. simply the best. we re going to honor her this morning. you re going hear a lot of tina turner this morning. get re

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Transcripts For CNNW Anderson 20240706

and good evening. on 360 tonight, debt ceiling drama. closed door meeting going on with house republicans, which could determine if the bill makes to it the floor, and if speaker kevin mccarthy keeps his job. also tonight, an interview with the 11-year-old boy who called 911 for help and got shot by the police officer who responded. and succession is over, but tonight kindle is talking. actor jeremy strong joins me with a behind-the-scenes lo riv any. the criticism kevin mccarthy is facing from some members of his own party as he and president biden race to extend the debt ceiling. given how toxic the deal with some of the more extreme members, every step mccarthy takes to pass it could put his speakership in jeopardy. melanie zanona with the latest. what is it you re hearing from house republicans whereby this is headed? reporter: the house is on the verge of clearing at least one procedural hurdle, because the house rules committee is expected to advance a rule wh

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Transcripts For BBCNEWS BBC 20240706

hello, i m lukwesa burak. president biden has said a deal with republicans to raise the us government debt ceiling is very close and he s optimistic it will be achieved. the two sides have a little more breathing room after the treasury secretary, janet yellen, extended the deadline slightly, saying the government would not run out of money untiljune 5. they re working on an agreement that would ensure no repeat of the stand off before next year s presidential election. as the clock ticked down to the midnight deadline which hasjust passed mr biden hinted a deal might be not be too far away. with regards to the debt limit, things are looking good. i m very optimistic. i hope we ll have some clearer evidence tonight, before the clock strikes 12:00, that we have a deal. but it s very close and i m optimistic. and our north america correspondent nomia iqbal sent us this update. lawmakers have now been given a little more time to find that much needed solution. many of them h

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Transcripts For CNNW CNN 20240706

we begin tonight with breaking news straight from capitol hill. we are getting word that the white house and house republicans are getting closer to a deal to raise the debt ceiling. one week before the u.s. runs out of money. what do we know right now about where the deal stands between kevin mccarthy, house republicans and the white house? i think we should caveat by saying nothing has been agreed upon yet. nothing has been finalized. they are moving closer to a deal. we have seen progress over the last 12 hours, particularly on the spending issue. that s been something that has been really bedevilling the talks. they started floating the idea of a potential compromise that both sides could try to claim as essentially a win. one of the things they are discussing is raising the debt ceiling for two years, which would be longer than what house republicans had proposed in their debt ceiling plan in the house. then instituting spending caps for two years. caps on federal spen

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Transcripts For BBCNEWS BBC 20240706

we begin right here in washington d.c. where democrats and republicans are scrambling to close a deal on raising the federal debt limit. there is still no deal in place but as many lawmakers leave for a holiday weekend. president biden has hinted a deal might be not be too far away. with regards to the debt limit, things are looking good, i m very optimistic. i hope we will have some clearer evidence tonight, before the clock strikes 12, that we have a deal. but it is very close and i am optimistic. so according to the president, we might get the news of a deal in under three hours time. a top republican negotiator, patrick mchenry, says he s hopeful a deal will come together before midnight but significant challenges remain. earlier, the us treasury secretary janet yellen sending this letter to congressional leaders. she now says the us has until june 5th to avoid a default. she had previously said june 1st. if republicans and the white house fail to reach a comprimise, t

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