still holds part of the burned out city of bakhmut. but how much of it and for how long? and senator tim scott getting into the race for president today with florida s ron desantis not far behind. good morning, welcome to our viewers in the united states and around the world, i m christine romans. this monday. president biden and house speaker kevin mccarthy are set to meet again today as they try to strike a deal to lift the debt ceiling. only ten days in june 1st. that s the earliest estimated date the government might not be able to pay all of its bills. mccarthy spoke to the president sunday by phone from air force one as he flew home from japan. i believe it was a productive phone call. and so at the end of the phone call, what we agreed to do is we re going to have patrick mchenry get back together withese going to ask his team, get back together. so, we can walk them through literally what we ve been talking about. i think some of the challenges they may not comp
she ll be back later this week. we re lucky to have the brilliant and beautiful sarah sidener with us. let s get started. ten days left, that s it. the debt negotiations are deadlocked. the the president and house speaker set to meet soon. the republican 2024 feel is expanding. tim scott is about to announce his bid today. governor ron desantis is about to jump in later this week. and a cnn exclusive. paul whelan, the u.s. says is wrongfully imprisoned in russia, called cnn from behind bars. his message, he s confident the wheels are turning towards his release. a man accused murdering four university of idaho students will appear in court today. efface fours counts of murder and one count of burglary. and we have liftoff. a spacex rocket commanded by a woman is set to dock at the international space station this morning. it s only the second private mission ever. but nasa hopes this is just the beginning. cnn this morning starts right now. all right. here s where w
you have been, you know, talking about this ad nauseam over and over and over again. you said something that really sent shivers down my spine. you said if we didn t pass the debt limit, we would see our living standards go back in time. this is uncredibly dangerous. we have $56 billion in the bank this morning. we have a bunch of bills coming due next month. there will be money coming in from state tax receipts and the like. to be playing it this close is really, really dangerous. you re talking about ious for service members. you could have delays in soeshl security check. think about the senior that can t go to the store to buy
have they made any progress? i mean, certainly, they do not at all seem close to a deal, based on what they said publicly and privately. and one good phone call, apparently, mccarthy and biden seem a little more optimistic about the phone call yesterday, does not get them significantly closer to a deal. the speaker and president biden job will meet again today. my assessment, if they don t start moving into the deal today. they need to start thinking about a short-term option because june 1st, the heard deadline that treasury secretary janet yellen said is the time. i was just looking at the cash balance, treasury cash balance is $57 become right now. it only takes a few big bills for that to dry up. even though there will be some state tax receipts coming into the treasury. we re really here, we re counting the pennies.
which to individualize compensation. so, you can t sit there and do performance reviews. that s not the way a collective bargaining agreement works. so you have to have some benchmark by which salaries going up. and limiting it to inflation takes some burden off the state government. i think alex, quite frankly, some of this is going to be solved because state tax receipts have gone up recently in many states around the country, in 41 states we re seeing income taxes rise and collections rise that may reduce some of the budget deficit pressures. but we re seeing a real philosophical battle here between conservatives who really want to break public unions and the unions who want the same benefits that they ve always had. both sides are digging their heels in with intractable positions, as if there s no room for compromise on one hand, and then the republican governors want to bust the unions entirely. probably not a great idea, either. so, do you think if wisconsin goes through, it s