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Transcripts For CNNW CNN 20240706

newsroom just as speaker kevin mccarthy is working to whip his caucus for the vote, the white house is doing the same with democrats. huge question mark is if any one senator could delay the process. several buildings sustained insignificant damage, explosions in a number of areas of the city and said several drones were shot down. we have to believe that we can do something incredibly special. i like our chances. live from london, this is cnn newsroom with max foster and bianca nobilo. it is tuesday, may 30, 9:00 a.m. in london, 4:00 a.m. in washington where a key vote today in a u.s. house committee could stall the debt limit deal and that is before most of congress even gets a chance to vote on it. the rules committee muste adopt a rule to allow the majority to approve the deal. two republicans on the committee have already blasted the debt deal but mccarthy says he is not worried. president biden also remains optimistic. you know i never say i m con

Transcripts For CNNW The 20240706

is the crowded gop field playing right into the former president s hands? welcome to our viewers here in the united states and around the world. i m wolf blitzer. you re in the situation room. let s get straight to the scramble to avoid a historic default on the u.s. debt. president biden and speaker mccarthy are both working the phones tonight as they try to rally support from skeptical lawmakers. cnn is covering the race to pass the agreement from every angle. the stakes right now for the american people and, indeed, the world economic situation are enormous. our correspondents are over at the white house and up on capitol hill. we re getting new details right now and a key democratic leader, congressman james clyburn, is standing by live. we ll get to him in a few moments. first to cnn white house correspondent jeremy diamond. what is the latest where you are over at the white house. reporter: this entire negotiation process was driven by the understanding this was

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$2.1 trillion we ve ever had. if i can parrot to when republicans were in the majority when they had the house, the senate and everything, they didn t cut anything. that s house speaker kevin mccarthy defending the debt limit agreement hours before the bill barely cleared a republican led house committee. we ll have a look at where the vote count stands in the full house as lawmakers from both parties continue to criticize the bill. also ahead, we re learning more about what was reportedly happening inside mar-a-lago as the justice department ramped up the pressure on donald trump to turn over classified documents. plus we ll have an update from eastern europe following another drone strike inside russian territory. good morning and welcome to way too early on this wednesday, may 31st. i m jonathan lemire. thanks for starting your day with us. we ll begin this morning on capitol hill where the house rules committee voted in favor of advancing the debt ceiling bill to a

Transcripts For CNNW CNN 20240706

so they have a deal, but do they have the votes? right now the race to get party holdouts onboard with the debt ceiling agreement, that potentially catastrophic default just days away. we ll have the latest. plus, what caused part of an apartment building to collapse? rescue dogs are now scanning for any sign of survivors in davenport, iowa, as the city s fire chief says the building is structurally up snsound posing threat to his teams. we ll follow those and more stories coming in right here to cnn news central. so some good news over the weekend. president biden and speaker mccarthy face another heavy lift after hammering out a deal in principle to raise the nation s debt ceiling. they have to get their parties to support it. based on early reaction, it may not be entirely easy. the house vote is expected on wednesday. hard liners from both sides are signaling they at least will not support the agreement. so here s part of what s in it. it suspends the debt ceiling thr

Transcripts For CNNW CNN 20240706

a critical day for the u.s. economy and maybe for house speaker kevin mccarthy s career. what could be the decisive vote on the controversial deal to raise the debt ceiling is just hours away. florida governor ron desantis taking on donald trump directly for really the first time since becoming a presidential candidate. hitting the campaign trail in iowa and vowing to fight back against the former president. also happening dailtoday, historic meeting on ufos, nasa set to unveil what a nine month long investigation uncovered. this is c cnn news central. so this really is the day that could make or break the deal to avoid a catastrophic u.s. default. it is also the day that could make or break the speakership of kevin mccarthy. the house will vote on the debt ceiling. the rules committee did narrowly vote in favor of advancing the bill to the house floor, but there was severe pushback from some conservatives. the bill now needs a simple majority to pass or 218 if eve

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