christine romans. it s memorial day here in the u.s. glad you re with us. let s get going. we begin this morning with president biden defending the deal he made with house speaker kevin mccarthy to raise the debt limit for two years. it takes the threat of catastrophic reform off the table. protects our hard-earned economic recovery. and the agreement also represents a compromise which means no one got everything they want. mccarthy agreed to raise the debt limit in explain for cuts to the budget. even though, the president insisted to reporters he wasn t actually negotiating on the dead limit. want to try to make it look like i made some grow myself in the debt ceiling, i didn t. i made a compro 3450is on the budget. that s what they wanted a compromise on the budget, that s what you ve done, even though you haven t gone as far as you wants, in that right? sure, can you think of an alternative? the president praised mccarthy, although he avoided predicting whethe
us from all around the world. the debt ceiling deal is done. we will take a look at the challenges president biden and house speaker mccarthy face as they sell it to lawmakers. and a colorful mystery authorities want to know why the waters in venice s grand canal turned green. live from cnn center, this is cnn newsroom. we begin in washington where there is an urgent push to pass a tentative deal to avert default. they are trying to build support even as they face pushback. while mr. biden says the agreement takes the threat of catastrophic default off the table, the critics will find he did not concede much in the negotiations negotiations. i said i m not going to do all the cuts. you pass the debt ceiling period. i will negotiate with you on the cuts. something totally different was attached before. tried to make it look like i made a compromise. i didn t. i made a compromise on the budget. well mccarthy has released the text of the 99 page bill which includes rai
If the conflict spreads to other parts of the region especially iran, it could immediately impact well prices because even though iran has been under sections for the last two years it has pumped well quietly and provided them to customers across the globe. The white house has turned a blind eye especially with the last year or two because its been trying to smooth relationships between iran and the western world. Now if the white house enforces the sanction that means the supplier from sanction that means the supplierfrom iran could be cut off and comes at a time when oil supplies have been tightening because saudi arabia and russia, the two largest exporters of oil in the world, also part of 0pec , have been reducing Oil Production by 1. 3 alien Barrels Per Day and will keep doing it until the end of the year. There is a good chanceit the year. There is a good chance it could continue into next year as well so if this happens and they will be a where there will be less oil supply, wh
say they are finding dentistry to the tune of £203 billion a year. but looking in real terms, that is nothing to what the report was looking to come a few weeks ago, they were looking at a drop of £525 million in funding in real terms since 2014 and that, i guess, is what is really cutting deep. yes. what is really cutting deep. yes, that based what is really cutting deep. yes, that based as what is really cutting deep. yes, that based as that what is really cutting deep. yes, that based as that is what is really cutting deep. yes, that based as that is the - what is really cutting deep. yes that based as that is the real problem. the government says they want access for everyone and yet the platitudes that they give any answers that give to members upon, and there is another debate in parliament on tuesday about this, they don t match up. if you asked any single mp, you would tell them that one of the things that is coming into their mailbox is the number of people who can t
abortion, the course didn t take power from the cells, which is what they did in roe. they gave it back to the people operating through their elected representatives. the student loan case, the real check of dictatorship was the president doesn t have the authority to spend $403 billion of the people s money without the people having some say in the form of, again, the elected representatives. the irony is that we re giving power back to the congresswoman s branch of government and she doesn t seem to want it. she seems to prefer a five-person court setting policy acting as a legislature for the country or the president having unlimited power of the purse. gillian: the president has gotten busy pretty much from the moment of the ruling working on so-called work arounds. take a listen to him in his own words. try to expand the court,