Live Breaking News & Updates on House Speaker Mccarthy Have
Stay updated with breaking news from House speaker mccarthy have. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
you re live in the cnn newsroom. i m jim acosta in washington. we re at a crucial moment in the high-stakes debt ceiling talks. we re waiting for details on a phone call that just wrapped up in the last hour between president biden and house speaker kevin mccarthy. negotiations are down to one final sticking point, safety net for social programs. leaders may have as little as eight days to prevent the u.s. from defaulting on its debt. many experts predict economic disaster if that happens. manu raju is up on capitol hill. manu, i was hoping since you were there in front of the cameras for us today that that meant i think this is probably our strongest indicator, that you were on capitol hill for us. president and kevin mccarthy spoke. at this point if the speaker were to come out and touk alk t reporters, that would be a good sign. you tell us. reporter: that s right, jim. the speaker said today he would be the one to make the announcement that there is a deal. we ....
welcome to cnn this morning. good to be with you. here s what we re watching this morning. lawmakers finally reach a tentative debt ceiling deal, but of course the fight is not over. now president biden and house speaker mccarthy have to try to get the members onboard from their representative parties. can they get it to the president s desk by june 5. the texas house of representatives votes to im beac impeach ken paxton. the latest on the action and what happens next. look at this. remarkable new images of the sun. we have never seen the sun this way. powerful telescope captures photos of the sun s surface. we will talk about how they could help scientists studying the sun and the solar system. and a groove of bipartisan lawmakers in washington comes together to mark memorial day. we will show you how they are paying tribute to the fallen. beginning with that race in washington to crack the legislation to raise the nation s debt ceiling and avoid this hist ....
good evening. we begin tonight with breaking news. signs of cautious optimism in the debt ceiling standoff with as few as ten days left before the federal government runs out of cash. with house republicans trying to extract major budget cuts in exchange for allowing new borrowing to pay the bills, president biden and house speaker mccarthy have just wrapped up talks at the white house. i felt we had a productive discussion. i believe we can get it done. we ll hear from the white house. earlier today, treasury secretary janet yellen reminded lawmakers of the stakes saying, it s, quote, highly likely, unquote the government will default as soon as june 1st. so, what s the status of the negotiations after speaker mccarthy s meeting? the talks are still very much alive, which is a positive sign, after a tumultuous weekend of negotiations. both sides are still very much committed to getting a bipartisan deal. speaker kevin mccarthy, as you heard, struck a very positiv ....
offers almost always indicate an indictment is close. the investigation you may recall centers on $130,000 that one time fixer michael cohen paid to buy the silence of stormy daniels near the end of the 2016 campaign. cohen was later reimbursed by the former president. according to the times he s yet to testify but is expected to. joining us now with more cnn s kara skinell. what are the details you ve learned? the new york times is reporting donald trump was offered to appear before the new york grand jury investigating on this hush money payment scheme. that is required under the law when there s a criminal investigation. that step certainly indicates and tells us this investigation is wrapping up. and that s also evident by the parade of witnesses met with prosecutors and appeared before the grand jury. we reported yesterday kelly anne conway met with manhattan prosecutors, hope hicks had also been in as well as executives at the trump organization. michael coh ....
Like a break in the log jam. it did sound like this was a positive development earlier this evening with the president and the house speaker getting on the phone. and it sounds like our colleagues are reporting now that that was a pretty fruitful call, that something did come out of it. what are you hearing? jim, the president biden and house speaker mccarthy have only spoken a number of times. it s clear it will be a specific moment at a pivotal time for these negotiations. to your point, a source tells my colleague jeremy diamond that the agreement in principal was reached during that call. so now it is a matter of learning the details of it. now, the details will be reviewed overnight. so it is one important step in many to come. now, of course, the sticking points have been a big part of the negotiations over the last 24 hours. we knew that over the course of the day white house negotiators were in touch with hill ....