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Transcripts for CNN CNN News Central 20240604 19:04:00

dick blumenthal told he he was going to hold his nose and vote for it. so expect there to be enough votes to get this over the finish line. senators were shut out of this negotiation, it was between the speaker and the white house. ultimately it s a take it or leave it proposition and at the end of the day they plan to take it. the debt limit could lk a threat every time around to get cuts folks want in. i do want to ask you about another move pushed by some. a plan to block president biden s manu is back, there he is. he s vowed to veto the bill. does it have legs? reporter: it passed the senate this afternoon. this is a republican-led effort that started in the house, got approved by the senate. was approved by a bipartisan majority, 52-46 was the vote to ending president biden s student loan forgiveness program.

Transcripts for CNN CNN This Morning 20240604 10:07:00

skepticism and frustration about this. essentially lawmakers wlare lef with a take it or leave it situation. they could not vote for a law that a lot of the policies in here, leave it and the country could experience the first ever debt default which could have c catastrophic consequences around the world. this is leading law makers in a difficult position here in the 11th hour. now we are hearing the loudest concerns from the members of the far right of the house republican conference. they re particularly concerned because they view this as a significant retreat from the house gop position back in april. they passed a bigger bill with lots of spending cuts, other policies reign in key biden administration policies. a lot of those were simply never going to make it into a deal with the white house. but they believe that kevin mccarthy gave too much. the issue of allowing the debt limit to be suspended until 2025. they have actually had hoped they would be suspended until

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