hello and welcome to this special memorial day edition of inside politics. i m manu raju in for john king in washington. the president marking this memorial day at a stop at the tomb of the unknown soldier and thanking troops who gave their last measure of devotion to the country they serve. plus a debt deal. the stext of the deal is now ou. they must find a goldilocks rolled to get it to the president s desk. and chris sununu says he ll decide soon on a 2024 run but is the field already too crowded for anyone not named donald trump. first, a salesmanship test for the president the of the united states and the house speaker. n they struck a deal but now comes the hard part. the president must convince democrats he didn t give away too much. this morning new optimism that the middle out strategy will get enough members onboard to push the deal across the finish line. but there are already loud complaints too. progressives say the president opened up the door to draconi
we are following all the developments in the house where lawmakers are on track to vote on a bill to raise the nation s debt limit. a key vote in this race to avoid default is just over two hours away and we re on it. u.s./china tensions soaring. a chinese fighter jet gets so close to a u.s. spy plane it causes turbulence. the pentagon is calling it an unnecessarily aggressive maneuver in international airspace. we ll have more on this close call ahead. and nasa tracking ufos. the space agency holding its first-ever public meeting on unidentified aerial phenomenon. the truth is out there. we re following these major developing stories and many more all coming in right here to cnn news central. heading to the house floor with no time to lose. soon the house will hold a critical vote on president biden and speaker kevin mccarthy s debt ceiling deal, with the nation barreling toward june 5th, the day the treasury department says it will no longer bow able to pay its bills.
all these interlocking global forces meant i had one question for one of the most important people in globalfinance, the managing director of the international monetary fund. kristalina georgieva, a real pleasure, my friend, having you on this show. and kristalina, let s start with this, because you ve recently said a third of the world is heading into recession this year. how deep do you think the recession could be? what we are looking into is a tough 2023. as you know, we are already experiencing labour market disruptions. when inflation cuts the spending power of people, sooner or later they demand higher wages and if they don t get it, they re on the street. and that kind of disruption we have to be prepared for. and if i have one message to policymakers today, it is, please look into the way you can protect the most vulnerable people given that fiscal conditions are tight, and anticipate the impact of high interest rates on labor markets early . and it wasn t just war
they vote on it. that vote is tentatively scheduled for wednesday. and breaking, just now, two gop sources tell nbc news that conservatives are balking at the agreement. conservative members of congress in both the house and senate, along with conservative outside groups are plotting ways to gum a passage of the bill or add amendments to make it more appealing to hard-liners. a source familiar with the talks said. i want to bring in jen psaki, former white house press secretary, and host of inside with jen psaki, here on msnbc. she joins us by phone now. jim, what an evening. hi michael. hey, how are you. welcome, thank you so much. i m great. these deals are always saturday night. i know right? this is what we do. the white house has to be, i think at this moment, not pleased, but very comfortable. relieved. yeah, relieved with what they are. can you give us a sense of what you re hearing from your white house sources, and help frame for our audience how they sh
we ll talk to congressman bob goode from the freedom caucus about their sticking points. first to lucas tomlinson, who joins us live at the white house. always good to see you, lucas. what are you hearing? president biden returned from his asia trip earlier to negotiation with kevin mccarthy over the debt ceiling. they met one time. now, it s back on monday. here s mccarthy at the capitol. the american public wants to see us curve our spending addiction, curve inflation that they created by adding $6 trillion and they want to see us cut the red tape that americans can build things again. that s exactly what we re doing. the white house had a sharper rebuke to recent comments on your show from the chair woman of the republican party. ronna mcdaniel would bode well for republican officials. now, a fox news poll says she could be right. more people would blame the president if mccarthy and biden fail to reach a debt limit agreement. 47 to 44%. former federal reserve chairm