viewers watching from all around the world. i m paula newton. ahead on cnn newsroom, u.s. lawmakers insist default is not an option, but there s no deal yet to raise the debt limit. ahead, what this could mean for the global economy. plus new reporting from the washington post. employees of former president trump allegedly moved boxes of papers at mar-a-lago a day before the justice department showed up to collect classified documents. memorial day weekend is just the start of what s going to be a very busy summer travel season that we re expecting. yes, it is the unofficial start of summer and people are packing up and heading out of town for the long weekend. just ahead, we have your travel and weather forecast. we do begin in washington where marathon talks to avoid the first-ever u.s. government debt default appear to be making progress. sources tell cnn the white house and congressional republicans are getting closer to a deal to raise the debt limit and cap
and i m max foster. just ahead negotiations still ongoing, still unresolved. stewart rhodes was sentenced to 18 years in federal prison on thursday. have a good day. next. memorial day weekend is just the start of what will be a busy summer travel season that we re expecting. live from london, this is cnn newsroom with max foster and bianca nobilo. it is friday, may 26, 9:00 a.m. in london, 4:00 a.m. in washington where they are moving closer to a day to pay the government s bill. it would reportedly raise the debt ceiling but cap spending levels for two years. and manu raju reports that nothing is final until it is final. reporter: negotiations between the speaker and his top allies and the white house still ongoing, still unresolved, even as the u.s. is considering prospects of the first ever debt default as soon as next week and amid warnings that the u.s. credit rating could be downgraded if the national down limit which now stands at $31.4 trillion
amazon. here is the thing is it moral when the likes of apple and google and tech companies and google and tech companies and big multinational record companies are reporting lifetime changing sums of money and profit and songwriters are out there not even making a minimum wage, so is there a need for the industry to examine and readdress? absolutely. examine and readdress? absolutel. , , ., , absolutely. let s be honest, did ou absolutely. let s be honest, did you think absolutely. let s be honest, did you think you absolutely. let s be honest, did you think you failed i absolutely. let s be honest, i did you think you failed people like mahalia, a r&b singer very successful been on tour with the chair and in one awards, she said the other day i have racked up 12 years of debt. when she goes on tour, she ends up when she goes on tour, she ends up with a deficit. i when she goes on tour, she ends up with a deficit. up with a deficit. i have read the blog- up with a deficit. i h
let s not forget the first two years the deficit went down by more than 1 trillion and because of bidenomics and the work he has been doing. spending coming off. look, we have seen it has gone down over a trillion dollars and he has done this in a responsible way. so he has done reduction as we look at the deficit. it has come down and done so more than any other president has been able to do in their first four years of the administration. struggling to explain the costs there the cbo is saying now that the covid money has fallen off, the estimates are pushing the deficit up as well as the deficit up, bill. bill: whatever is up is down, right, edward? exactly. not good news for us. bill: or reverse. thank you, nice to see you from the north lawn. edward lawrence. sandra: deficits are not down. job openings in the skilled trades industry continue to
he suggested that trump was ineffective, that he ran the deficit up, that he risked the livelihoods of people with his covid policies and that he said if he were elected president, he would be a far more ruthless user of government power in the white house. desantis also challenged donald trump to actually show up to the presidential debates. this is what he said. do you plan on participating in all the debates and would you have a word of counsel for any candidates that were maybe equivocating on whether or not to participate in all the debates. i think that we should debate. i think the people want to hear it. i grew up blue collar working minimum wage jobs and learned nobody is entitled to anything in this world. you have to earn it. and i think all of us have to go out and earn it and that is what i intend to do and i think debates are a big part of the process. reporter: next week governor desantis will return to the campaign trail with stops in iowa, new hampshire and south