we start tonight here in washington these are live shots of the capitol building. the biden administration and the republican majority in the us house of representatives have reached an agreement in principle on a new government debt limit. the deal will be put to a vote on wednesday. we ll have more on what we know so far shortly, with our north america correspondent jess pakrker shortly. but first let s hear from the leaders at the centre of these negotiations. house speaker kevin mccarthy said there would be historic reductions in spending and no new taxes. he shared this statement a little earlier. ijust got off i just got off the phone with the president and talk to him twice today and after weeks of negotiations we have come to an agreement in principle. we still have a lot of work to do but i believe this is an agreement in principle worthy of the american people. it has historic reductions in spending, consequential reforms that will lift people out of poverty into
divisive presidential elections. hello, i m lucy grey. british tv presenter holly willoughby has reacted to phillip schofield s admission about a relationship with a younger employee, saying she is hurt. on friday, mr schofield resigned from itv, saying he had lied to cover up the relationship, which he described as unwise, but not illegal . itv has said it investigated rumours of the relationship but both men repeatedly denied it. our correspondent katherine da costa has the latest on holly willoughby s reaction. she s been responding to the news that phillip schofield had had a relationship with a younger man on the show this morning in 2020. and in a statement on her instagram account, holly said. it s taken time you betterjust remind us how big a name tv in tv phillip schofield is, particularly for people watching around the world who may not know him. yeah, that s right. so, he is a household name in the uk. he started out as a children s tv presenter. he went on to hos
i m charlie d agata in kyiv, where a swift russian victory turned into a devastating conflict with no end in sight. plus, new fallout following the toxic train derailment in ohio. we ve got a lot to do to fix this, to make rails safer. back to class. michigan state university moves forward as it begins to heal from last week s mass shooting. and later, insights from our own bob schieffer on covering the nation s 39th president, a period of american upheaval and a leader determined to go his own way. telling the truth has been pretty deeply ingrained in me. announcer: this is the cbs weekend news from new york with jericka duncan. good evening and thank you for joining us on this sunday. today an outpouring of tributes for former president jimmy carter after it was announced that he would be receiving hospice care at home. at age 98, mr. carter is the nation s oldest living president. his decision follows a series of hospital stays and many years of health chal
day on wall street, the u.s. government steps in to protect a failed bank, promising depositors they won t lose a penny. one film won everything everywhere all at once at this year s oscar awards. plus already-flooded parts of california bracing for yet another powerful storm. live from cnn center, this is cnn newsroom with rosemary church. good to have you with us. we begin here in the united states where the biden administration is stepping in to contain the fallout from the sudden collapse of silicon valley bank. authorities say customers will have access to all their money starting monday morning. the president also promised to hold those responsible for the bank s failure fully accountable. he will speak about the issue in the coming hours. regulators also shot down another regional institution, signature bank, fearing it was also on the brink of collapse. cnn s arlette saenz has more. reporter: the biden administration took extraordinary steps sunday to ensu
ahead of the trading day on wall street, the u.s. government steps in to protect a failed bank, promising depositors they won t lose a penny. one film won everything, everywhere, all at once on this year s oscar awards. already-flooded parts of california bracing for yet another powerful storm. this is cnn newsroom with rosemary church. thanks for joining us. we begin in the united states where the biden administration is stepping in to contain the fallout from the sudden collapse of silicon valley bank. authorities say customers will have access to all their money starting monday morning. the president also promised to hold those responsible for the bank s failure fully accountable. he will speak about the issue in the coming hours. regulators also shot down another regional institution, signature bank, fearing it was also on the brink of collapse. cnn s arlette saenz has more. reporter: the biden administration took extraordinary steps sunday to ensure that al