christine romans. it s memorial day here in the u.s. glad you re with us. let s get going. we begin this morning with president biden defending the deal he made with house speaker kevin mccarthy to raise the debt limit for two years. it takes the threat of catastrophic reform off the table. protects our hard-earned economic recovery. and the agreement also represents a compromise which means no one got everything they want. mccarthy agreed to raise the debt limit in explain for cuts to the budget. even though, the president insisted to reporters he wasn t actually negotiating on the dead limit. want to try to make it look like i made some grow myself in the debt ceiling, i didn t. i made a compro 3450is on the budget. that s what they wanted a compromise on the budget, that s what you ve done, even though you haven t gone as far as you wants, in that right? sure, can you think of an alternative? the president praised mccarthy, although he avoided predicting whethe
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.
Now, their music is sold over the world and could sell for a lot. mama yeah, queen, rhapsody, like another one bites the dusk. talks well under way between universal and disney which owns it now, the total price tag could surpass $1 billion and the deal could close within a month. look, i feel like that value is warranted there. their music is absolutely classic all time. before we go, you shoshoutout tf you who watched succession finale. i can t provide any spoilers good monday morning,
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say hi to your mom. say mommy! oh, she s holding the phone. were you holding the phone? it s like she s ready for conversation. hi, baby. look. hi, baby. she s probably wondering where i am. talking to mama yeah, she s so pretty. show mom your tooth. see it? she s sticking her tongue out. so, she only has one tooth? yeah, working on two. smith is waiting transfer to prison to begin serving a two-year sentence for drug possession. on the bright side, kentucky state prisons allow for contact visitation, so smith will soon be able to hold jada. i wish i was there. just close your eyes and tap your heels three times and you might be there. shut up. on the other side. ain t heard nothing on when you re being sent out? they don t tell you in here for security reasons when you re leaving.