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not default in 11 days when the u.s. government runs out of money and is unable to pay its bills. we have team coverage of all of these new developments. phil mattingly is in japan at the g7 summit. let s begin with melanie in washington, d.c. help us understand where things stand. is the president optimistic? reporter: what i would say is the talks have not blown up completely yet but they are hanging by a thread. after a weekend of rejected offers, installed talks, the negotiators were really looking for a much-needed reset and they may have gotten it in that phone call today between speaker mccarthy and president biden. they talked a little bit about biden s trip but most importantly they agreed to meet one on one tomorrow, while staff will resume negotiations later tonight. here s a little bit more about what mccarthy said. i believe it was a productive phone call. so at the end of the phone call what we agreed to do is we re going to have patrick mchenry get ba ....
that a deal can be finalized tonight. with regard to the debt limit, i think they re looking good, very optimistic. i hope we will have some cool or evidence tonight before the clock ticks 12, that we have a deal. but it s very close. and i am optimistic. i am hopeful we will know by tonight whether we re going to be able to have a deal. all right, so settle in. this might be a long night for us. white house and house republican negotiators and look closer to a deal in the last 24 hours as we reported last night. this morning republican house speaker kevin mccarthy had this to say. i thought we made progress yesterday. i want to be progress again today, and i want to be able to solve this problem. now speaker mccarthy has been given more time to solve this problem. treasury secretary janet yellen said today the protected debt ceiling deadline is now june 5th. in a letter to congressional leaders, secretary yellen wrote, during the week of june 5th, treasury is s ....
message from the courtroom one day after sentencing the malicious founder to 18 years in prison. and we re getting terrifying new video of the moment a man allegedly opened the cabin door of/south korean airliner while the plane was in mid flight. authorities are sharing new details tonight about the suspect. welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. let s get straight to the new developments on the debt ceiling. the u.s. treasury now offering negotiators a slightly longer timeline before a default unleashes economic catastrophe. last hour right here in the situation room, i got reaction from the house minority leader, democratic congressman hakeem jeffries. can you guarantee that house democrats and you re the leader of the democrats will deliver the votes needed to pass any deal that s negotiated? well, one of the challenges that we confront is that it s unclear how many votes hous ....
[laughter] it s the way of the world, kids. [laughter] tom hanks also received a hearted branded volleyball, in reference to his 2000 movie castaway. congratulations. considering all that context he just gave its honorary. cnn this morning continues right now. it is a wonderful saturday morning. i am glad you are part of it. good morning. welcome to cnn this morning. i m victor blackwood. what do you do with an honorary degree, though? if you have a ph.d. or a doctorate in arts, can you actually go and be a professor? some people go around and demand that you call them doctor, with an honorary degree! yes, i know a couple. okay, well, maybe i need to get an honorary doctorate so you can call me doctorate. i am doctor amara walker. thank you so much for spending a part of your morning with us. a lot going on this morning. today, millions of people heading out to their memorial day destinations. we re gonna tell you what to expect at the airport, a ....
attorney, roberta kaplan. they were here last week in the immediate wake of that remarkable court ruling in which a jury held unanimously that former president donald trump had sexually abused e. jean carroll and when he disparanoid her, he was the one. and he was defaming miss carroll and he would have to pay for it. in that case, that jury ordered donald trump to pay e. jean carroll $5 million in damages. both for what he did and for what he said about it. if you watched the show last week and you saw that interview that i did with e. jean carroll and her attorney, you might remember that in addition to sort of reflecting on the fact that they had won that case, one of the thing they were newly contending with in the wake of that jury verdict was that even though trump had just been ordered to pay out millions of dollars because of his attacks on e. jean carroll, his lies about her. even though he had just been ordered to pay millions of dollars, literally within a da ....