Stay updated with breaking news from Canc clagz biden. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
there s now a little optimism on a debt ceiling deal following yesterday s meeting at it white house even though president biden is cutting short an overseas trip. we ll have the latest on those negotiations. and also ahead ron desantis goes after donald trump on the issue of abortion. we ll look at how it could impact the 2024 presidential race. good morning and welcome to way too early on this wednesday, may 17th. i m jonathan lemire. thanks for starting your day with us. moving in today with the ongoing debt ceiling negotiations, president biden met with congressional leaders at the white house yesterday, and while both sides say that some progress has been made, no deal has yet been reached. both biden and house speaker kevin mccarthy named top negotiators to take part in talks and continue daily. and while democrats continue to insist that they will not negotiate over the debt ceiling, they are reportedly in talks about spending cuts working on a parallel track ....
These talking points. it is giving them a real political tool for base motivation. whether that translates to anything with the general electorate is one question, but hey, you got republicans in charge of the house. and this is probably going to drive the bus for some legislation that we re going to see coming down the pike. yeah. you made a great point there. even just from the republican s perspective, this just adds fuel to the fire that we know is coming if there are future indictments of donald trump and even hunter biden, the president s son. about discrediting the fbi and trying to do punitive measures when it comes to funding cuts, yeah. also there s another republican in the news, george santos. we heard from speaker mccarthy earlier today about it. and you guys are tracking there may be some new developments in the coming days. right. when you say another republican i laugh because i m thinking do the republicans still think he s a republican because you re starting ....
Early. it s just ahead of 5:30 a.m. on the east coast, 2:30 out west. i m jonathan lemire. thanks for being with us. recapping our top story president joe biden and house speaker kevin mccarthy are saying some progress has been made on debt negotiations. however the president announced he ll be cutting his planned trip to asia short so he can get back to washington to ensure the nation does not default. nbc news senior white house correspondent kelly o donnell has more. reporter: staring down the risk of unprecedented credit default, new signs of progress and a major change of plans. i m cutting my trip short. i m postponing the australia portion of the trip and my stop in papau new guinea. reporter: the president will head to japan for the g7 summit of the world s largest economies but he ll skip planned stops in australia and papau new guinea to get back tonegotiations. ....
Prime minister of papau new guinea as well and will meet with them again when he returns. but cutting short the trip is serious, and u.s. officials are disappointed they won t be able to have the president in the pacific underscoring the commitment to the region to try and counter china s rising influence there. joining us now to talk about all this congressional reporter for the hill mykhae snell. the deadline, though, approaches rapidly. what now are the main sticking point? exactly and i think the reason why, jonathan, they were optimistic yesterday is negotiations have now been narrow. we re not talking about having all congressional leaders at a table speaking with their aides, those include two representatives from the white house as you mentioned at the top, and congressman garret graves and aids to kevin mccarthy. graves is an ally of mccarthy. ....
Negotiators to take part in talks and continue daily. and while democrats continue to insist that they will not negotiate over the debt ceiling, they are reportedly in talks about spending cuts working on a parallel track. the areas where with the most promise, however republican demands to impose tougher work requirements for frad aid programs have emerged as a real obstacle. take a listen to what both mccarthy and biden had to say yesterday after their white house meeting. i just finished our meeting with the president. i did think this one was a little more productive. we re a long way apart. we ve got a short time frame here to try to figure out how we can come to a agreement, but, look, i wish we had done this back in february. there s overwhelming ....