joe biden and kevin mccarthy have still not reached a deal that would break the stalemate over the debt limit. tonight, they did meet one-on-one in the oval office hours after the treasury secretary janet yellen issued a another stark warning. yellen says it is quote, highly likely the treasury will no longer be able to satisfy all of the governments obligations if there is no resolution by june 1st. meaning, we cannot pay our bills, even though they was some agreement, kevin mccarthy says the sides are going to keep talking. i think the productive part was who was in the room, narrowing what we re talking about, we re not talking over each other we re not saying, oh let s bring something new into the discussion, let s not oval raising taxes that s been off for a long time. we literally talked about where we are having disagreements and ideas, so to me that is productive, not progress but productive. so we re asking the staff to get back to run through those ideas to see if
house. the country is now just ten days out from a potentially historic default on its debt. joe biden and kevin mccarthy is still not reached a deal that would break this over the debt limit. tonight, they did meet one-on-one in the oval office, hours after the treasury secretary janet yellen issued a another stark warning. yellen says it is, quote, highly likely the treasury were no longer be able to satisfy all the governments obligations if there is no resolution by june 1st, meaning we cannot pay our bills. even though there is still no agreement, kevin mccarthy says the sides are going to keep talking. i think the productive part was who was in the room, narrowing what we re talking. we re not talking over each other. we re not saying, oh, let s bring something new into the discussion, let s not talk about raising taxes. that s been off for a long time. we literally talked about where we re having disagreements and ideas. so, to me, that s productive, not progress,
- [announcer] do you have an invention idea but don t know what to do next? call invent help today. they can help you get started with your idea. call now 800-710-0020. you are in the cnn newsroom. i m paula reed in washington. jim acosta has the day off. it is 5:00 p.m. at the white house, and we are now one hour closer to the nation potentially defaulting on its debt. that would be unprecedented and potentially catastrophic for the global economy. now, despite a deadline as close as 12 days away, the high-stakes negotiations between the white house and congressional republicans have broken down, and it s not clear when they might resume. a u.s. debt default would affect economies around the world, so the concerns have loomed over the g7 summit in hiroshima, japan. the president, however, says he s not concerned at all. it goes in stages, and what happens is the first meetings weren t all that progressive. the second ones were. third one was. and then what happens is t
governor intensifying and apparently costing the state thousands of jobs just days af before the republican is ex expecting to announce his campaign. welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. we begin with a new u.s. message about the war in ukraine. a significant development as president biden is out there on the world stage right now and in a potentially very pivotal moment in the conflict. phil mattingly is with the president at the summit in japan. kn nic robertson is in eastern ukraine. phil, as the president prepares for this summit, the biden administration is signaling a major shift on ukraine. what can you tell us? yeah, wolf, it would be a significant development. the president is just a few hours away from starting the first day at the g-7 summit here meeting with leaders. leaders that have been integral to the steadfast support of ukraine since russia s invasion oaf the course f the year
good evening, bret. this is a major step in the ongoing battle over tiktok and the growing attempts to limit its use or in this case, to ban it entirely. montana s law now signed by the state s republican governor prohibits any downloads of tiktok in the state and would find any, quote: entities, meaning an app. store or tiktok itself $10,000 per day for each time someone, quote, is offered the ability to access the social media platform or download the s enforce somebody scenes open question. ban come back increasing concern lawmakers nationwide and fbi and other agencies over tiktok, which is owned by a chinese tech company called bytedance. officials worry that the company could share data on american citizens with the chinese government. now, the montana ban, the first of its kind in the nation, seems certain to face legal challenges from tiktok, from those who provide access to the app. from businesses that use tiktok for advertising and f aclu who said the ban is unco