i m john king in washington. thank you for sharing your day with us. did kevin mccarthy calm a swirling debt deal drama? the speaker saying the agreement to pull the united states back from a crippling default is on track to pass. i don t want to be on the the wrong side of history. every single one of those members who vote no will miss the opportunity to vote for the largest cut in american history. plus ron desantis shows two sides to himself in iowa with the voters, the florida governor keeps donald trump s name out of his speech with reporters, though, he says it s time to give the former president the gold watch. move opt to the next generation. and today, new special counsel threats. jack smith now reportedly looking into the firing of the cybersecurity chief who called the 2020 election secure and why a mar-a-lago employee wanted to know the ins and outs of how the compound s security cameras work. up first for us, kevin mccarthy climbs out of the quick sand. ther
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you re live in the cnn newsroom. i m jim acosta in washington. we begin with president biden playing salesman in chief. the white house has been briefing house and senate democrats on the tentative deal to raise the nation s debt ceiling. a source says that a midafternoon phone call between president biden and house spe speaker kevin mccarthy has not happened yet. the call was to finalize the remaining details. experts say a default would be disastrous for the u.s. and global economies and that threat is still looming ominously at this hour. on capitol hill, lawmakers sound like they re unhappy with this deal. so passage is not guaranteed yet. this is unfolding as a june 5th deadline is drawing closer. we re following all of these latest developments. priscilla alvarez is at the white house for us. what are you learning about this phone call? is it going to happen? there s ever expectation that it is going to happen, jim. as you mentioned, president biden had said it wa
everyone. thank you for joining me. i m fredricka whitfield. a deal to avoid a debt default is about to be revealed. president biden and speaker mccarthy are finalizing an agreement to raise the debt limit. president biden saying this earlier today. i m about to go in and call mccarthy now at 3:00, make sure all the ts are crossed and the is are dotted. i think we re in good shape. house leaders expect the bill to be voted on as soon as wednesday. speaker mccarthy is confident the deal will pass. february 1st i sat down with the president. i said let s work together to be able to raise the debt ceiling but curb the amount of spending, to let mark be able to work again, cut red tape, get some work requirements to help people get back into work. i think this agreement frames all that from limit, save, grow. it doesn t get everything we wanted. we did a conference call with our conference and over 95% were overwhelmingly excited about what they see. they re getting a text
you re live in the cnn newsroom. i m jim acosta in washington. we begin with the most important sales pitch in washington this week selling the deal to avoid a catastrophic debt default. the call that was scheduled for two hours ago has not happened yet. a default could be disastrous to the u.s. and that threat still looms ominously. up on capitol hill there are lawmakers from both parties grumbling. passage is not guaranteed at this point. let s go to priscilla alvarez. what is there to make of this biden/mccarthy phone call. do we think that s going to happen any time now? any update on that? reporter: there s every expectation that this call will happen. it hasn t happened yet according to a source i spoke with half an hour ago. president biden when he arrived at the white house earlier this afternoon did say that the intent of this call was to, quote, dot the is and cross the ts. when asked weahether there were any sticking point, he said none. throughout the day, w