Announcer this is cnn breaking news. Youre live in the cnn newsroom. Im jim acosta in washington, a very late Saturday Night on Memorial Day Weekend but were here for good reason. Were here in a crucial moment on debt ceiling talks. Multiple sources tell cnn that the white house and House Republican leaders have reach an agreement in principle, we should note in principle on raising the nations debt ceiling. Just ten minutes from now House Speaker Kevin Mccarthy will address reporters were told, and then at the bottom of the hour Republican Leaders will brief their fellow colleagues in the gop conference on the outlines of this deal. The briefing comes after a phone call earlier this evening between mccarthy and President Biden, and cnns Priscilla Alvarez is at the white house for us. Priscilla and manu raju still with us up on capitol hill. Late night, guys. Priscilla, what can you tell us . Reporter jim, im hearing from a source close to negotiations yes House Speaker mccarthy have a
appreciate your company. coming up on cnn newsroom, an agreement in principle on the debt ceiling. washington has a plan to avoid a catastrophic default, but details still need to be ironned out, then it has to get through congress. also ukraine s top general issues a pointed message for his soldiers, russia, and the world. and we do begin in washington a late night agreement to try to prevent a looming debt crisis. the white house and republicans have reached a deal in principle to raise the debt ceiling and cap government spending. it is meant to avert the first u.s. default in history, which could have disastrous consequences worldwide. here s how u.s. house speaker kevin mccarthy characterized the breakthrough. after weeks of negotiate az we have come to an agreement in principle. we still have a lot of work to do, but i believe this is an agreement in principle. it has historic reductions in spending and lift people out of poverty into the work force, rein in g
i m laila harrak. republicans already raising concerns over the agreement in principle on the debt ceiling as both president biden and house speaker mccarthy race to seal the deal with their allies in congress. the gop turns on one of its own in texas in an unprecedented move to impeach the state s attorney general. details and how that official is reacting. and we re live for you in istanbul as voting there gets under way for turkey s presidential runoff election. we begin in washington where congress is drafting new legislation on the u.s. debt limit hours after officials reached a deal to try to avoid a disastrous default. the white house and republicans say they agreed in principle to raise the u.s. debt ceiling and cap government spending. house speaker kevin mccarthy says law maeshls are now expected to vote on that agreement this wednesday. before it can move forward, he must convince hardliners that it s worth it. here s how he characterized the deal. after week
announcer: this is cnn breaking news. you re live in the cnn newsroom. i m jim acosta in washington, a very late saturday night on memorial day weekend but we re here for good reason. we re here in a crucial moment on debt ceiling talks. multiple sources tell cnn that the white house and house republican leaders have reach an agreement in principle, we should note in principle on raising the nation s debt ceiling. just ten minutes from now house speaker kevin mccarthy will address reporters we re told, and then at the bottom of the hour republican leaders will brief their fellow colleagues in the gop conference on the outlines of this deal. the briefing comes after a phone call earlier this evening between mccarthy and president biden, and cnn s priscilla alvarez is at the white house for us. priscilla and manu raju still with us up on capitol hill. late night, guys. priscilla, what can you tell us? reporter: jim, i m hearing from a source close to negotiations yes ho
hello and welcome to s insie politics. i m john king in washington. thank you for sharing your day with us. finish the job. president biden provides a state of the union slogan and lays the foundation for a 2024 run. and also republicans booing and jeering him in front of millions. a sick puppy who should quit. an impromptu comment from mitt romney captured on video. and investigating congress. putting twitter executives under oath. hearing number one dedicated to digging into the biden family. a first for us, though, the president s day on the road trip. the president is in wisconsin, the setting quite telling because it follows the state of the union that served as, yes, a 2024 teaser. and as a nod to the election map that mr. biden sees as a map to re-election. the president s speech clocked in at 53 minutes. finish the job. the part said by the president, he wants another term to do it. six more years to do it. we ve been sent here to finish the job in my vie