lawmakers have now finally agreed to a tentative debt ceiling deal. there is still a long way to go including selling members of their parties on the plan. can they get the support they need to prevent default? an unprecedented move. impeaching a state attorney general after an investigation into corruption and obstruction of justice. the latest on the historic action. a hollywood hideaway. the sultans, could it supercharge the future of electric vehicles? yes. and the little mermaid is out. hout inspires a new generation of young black girls. we begin in washington and the debt limit. the white house and republican negotiators reached an agreement in principle. there are concerns that the nation could potentially default. it needs to be written and passed by june 5th, the day janet gallons of the government will run out of cash and there are skeptics in the house and senate who will have to be one over before the president gets a chance to sign that bill. we have t
nothing. we ae over hav thirty one trillion dollars in debt and that massiv$3e tally continues to grow even afters bi this bill . stillll, small government economists, people like steve moore support the bill calling it a step in the rightir direction. republican congressmen, on the other hand , chip roy is referring to it as at sandwich. the washington times, meanwhile, they describe it as a win for the gop, all whiles representing nancy mace, is trashing the deal for normalizing record spendingt wh with the president who can t find his pants. now,ca some republican lawmaker, they are infuriated thatth the compromise maintains what h an unacceptably high level of covid error olef spending and repurpose nearly one hundred billion dollars in spending instead of making poi outright cuts to thent budget. u this is a bill that pushes any further negotiations back until after the presidential election, which is a very keyy point of contentioken. t to many republicans wanted yet an
everyone. poppy is off today. i m erica hill. thanks for being with me this morning. let s get started with five things to know for this memorial day, may 29th, 2023. joe biden and kevin mccarthy made a debt ceiling deal. now they have to sell it. can they get the votes before default on june 5 th? russia shot down a record number of missiles ahead of the long awaited counter offensive. search and rescue operations under way right now after an apartment collapse in iowa. seven people have been pulled out. the mayor, though, says a number of others are still missing. and happening today, president biden will honor america s fallen service members during a memorial day address from arlington national cemetery. he ll also participate in a wreath laying ceremony at the time of the unknown soldier. tonight, boston celtics looking to make more history by becoming the first team to win game seven after being down 3-0 to the miami heat. cnn this morning starts right now.
carcasses. correspondent peter doocy starts us off tonight. good evening, peter. reporter: on this memorial day, president biden is expressing confidence that there won t be a debt default while also trying to express condolences to the families of fallen american service members. president biden: to those who gave our lives so our nation might live. reporter: hours after a solemn wreathlaying, president biden defended a debt deal that awaits congressional approval. president biden: i m confident with the conversation. i feel really good about it. reporter: the headlines, suspended the debt limit until 2025 and limiting federal spending. this will do as it increases defense. if you take non-defense with veterans out, it goes below the level of 2022. reporter: chip roy does not like the deal and sitting on the rules committee where the bill goes next. a reminder that brings big negotiations to build a coalition that it was explicit both that nothing would pass wa
$31 trillion in debt. and that massive tally continues to grow even after this bill. still, small government, congress, like steve moore, support the bill, calling it a step in the right direction. republican congressman on the other hand, chip roy, is referring to it as a turn sandwich. the washington times describes it as a win for the gop. trashing the deal for normalizing record spending with the president who can t find his parents. now some republican lawmakers, they are infuriated that the compromise maintains what is an unacceptably high level of covid era spending. and, in recovery purposes nearly $100 billion in spending instead of making outright points to the budget. this is a bill that pushes any further negotiation back into those until after the president election, which is a very key points of contention. many republicans want to get another negotiation for next year s presidential election. they fear handing democrats a blank check if they keep the white hous