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Transcripts For CNNW CNN 20240706

one hour from now, president biden is again going to host the top four members of congress and for potential june default date, and no closer to the deal to have catastrophic outcome, and speaker mccarthy is going to tie the debt ceiling to spending cuts and work requirements and biden is going to call for the debt creeling to be dealing with the condition, and if you are going with what the two sides are saying for the two hours, the forecast gloomy, and arlette seanez is at the white house. at some point, someone has to give up something, and can we find out what the potential concessions are today? well, brianna, in about an hour, we should get a glimpse of where the concessions are headed as the white house is going to be hosting kevin mccarthy and other congressional leader here at the white house. heading into the meeting, the expectations are low that they will come out with a concrete agreement with a default. and you heard house speaker kevin mccarthy who said toda

Transcripts For CNNW CNN 20240706

all right. so in just a few minutes they re going to try again. president biden, speaker mccarthy will continue their debt standdown face to face at the white house. biden is hosting mccarthy and three other congressional leaders to once again try to get closer at least to a deal to raise the debt ceiling, as has been done dozens of times. they have just over two weeks to do it before a potential u.s. default. somehow it is looking like the two sides have dug in even more since last week s meeting. we go to capitol hill. melanie, we ve seen this before, right? we re making progress, we re not making progress, it s sort of the definition of a game of chicken. the trouble is the economy hangs in the balance here. what s really happening? is there any real progress? do we expect any real probably in the white house? reporter: i will tell you, jim, staff have been working behind the scenes to come up with a potential number of policy options for a potential deal but there has b

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

showdown at the white house again. tom la top law makes as the u.s. barrels towards what could be an economic disaster. is either side ready to make a deal on the debt ceiling? today could get ugly. plus russian missiles attacking kyiv in a horrifying attack. the battlefield is fast changing in this war and we are following the very latest. and just hours from now, north carolina republicans could override the governor s veto of an abortion ban. the governor pleading for at least one republican to break ranks during today s vote. we are following these major developing stories and many more all coming in right here to cnn news central.

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