The new normal. Eight People Killed in a texas Shopping Mall rampage. A 5yearold child among the injured. It is just unfathomable to see the carnage. What will it take for americas leaders to act . The state from uvalde, democrat roland gutierrez, will join me on his efforts to change gun laws. Tough talk. President biden and Speaker Mccarthy set to meet with the nations Financial Stability hanging in the balance. America is not a deadbeat nation. We pay our bills. Reporter will we, when the bill comes due next month . Top democrat dick durbin will be here to talk about that and a crisis at the Supreme Court. Plus power struggle. New setbacks for russia and a growing threat in the middle east. A Special Cnn Exclusive as the House Intelligence Committee heads overseas. Republican chairman mike turner and ranking democrat jim himes join me. Hello. Im jake tapper in washington where the state of our union is once again shaken. Eight people are dead and at least seven others injured outsid
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
sometimes, there are provisions in the tax code, carried interest that i have problems with. but part of the reasons a terrible idea. can i finish, ali? can i finish my thought? but you are dropping a lot of flags, sir. you all of challenges you re saying things, and let me. let me just, you know what. you got carried interest. i used to be in another place here, can i finish my thought here? that s all i want to do. you brought in taxes, sir? you are good at this, you ve been a politician. ali, i don t think whatever discussion i want to discussion, you talk about taxes in texas and florida. let me finish! you said, they are horrible places to live, i don t agree with that. this all came about because you said, why are not raising taxes on corporations and on people? and i am saying to you when you raise taxes too high, you discourage from people from doing what they want to do. a lot of times they will leave to go to a place, where they get a better re
you re live in the cnn newsroom. i m jim acosta in washington. we re at a crucial moment in the high-stakes debt ceiling talks. we re waiting for details on a phone call that just wrapped up in the last hour between president biden and house speaker kevin mccarthy. negotiations are down to one final sticking point, safety net for social programs. leaders may have as little as eight days to prevent the u.s. from defaulting on its debt. many experts predict economic disaster if that happens. manu raju is up on capitol hill. manu, i was hoping since you were there in front of the cameras for us today that that meant i think this is probably our strongest indicator, that you were on capitol hill for us. president and kevin mccarthy spoke. at this point if the speaker were to come out and touk alk t reporters, that would be a good sign. you tell us. reporter: that s right, jim. the speaker said today he would be the one to make the announcement that there is a deal. well, he
crosshairs. ssia unleashes the largest wave of drone attacks on ukraine s capital on the eve of the city s founding anniversary. what s in a name? tonight we ll focus on the struggle of some in the asian community and their efforts to take back their cultural identity. murky mystery. what s turning this part of a venice canal bright green? and later, condolence call. as the nation pauses to remember our fallen, we ll tell you how one woman helped change army protocol, bringing dignity and comfort to families. announcer: this is the cbs weekend news from washington with jericka duncan. good evening and thanks for joining us on this sunday. after days of negotiations and late-night conversations to increase the country s $31.4 trillion debt limit, tonight there appears to be a bipartisan relief. the president and republican leadership now have a tentative agreement to head off a potential default on government loans. however, there s still many hurdles in the way as