Finances were in a dire state. Hang on. There was this 22 Billion black hole. We spend 1200 Billion billion black hole. We spend i200 billion pounds every year in this 22 Billion so called black hole, a mere accounting device. In this whole debate, what the Labour Government are trying to do was to make the political point that the Conservative Party ran the country into the ground and therefore weve got to punish therefore weve got to punish the pensioners. It is absolute and complete rubbish. And what those we represent cant understand, these people who worked hard all their lives, have done their bit for the country, their total package is perhaps 13 or £14,000 a year. What they cant understand is that this so called saving of public money is actually going to go to Train Drivers who own £70,000 a year. Theyjust dont understand it. So for god sake, lets have a serious debate. Lets try to unite on this issue and lets not keep taking away benefits from people just above the Pension
we have a debt deal, but will members of both parties support it? the work far from over. the hardest part could still be ahead. what we re hearing from lawmakers as leaders start whipping votes. and children sent racing for shelter for their lives in ukraine, as russia launches a rare daytime attack on the capital kyiv. authorities are promising swift retaliation now, but after months of talk, anticipation of a counteroffensive is coming soon. we are following these major developing stories and many more, all coming in right here to cnn news central. so they have a deal, but do they have the votes? president biden and speaker mccarthy may have ended their staredown over the debt ceiling but progressives and conservatives are saying their respective sides gave too much away in this compromise. if the bill passes, the u.s. avoids a default and washington won t have to deal with the debt ceiling again until january, 2025. probably not a coincidence that that s after the next
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.
they have a deal. now they need the votes. the republican-led house is expected vote this week on the new debt deal as the treasury secretary warns that the united states is going to default on the debt one week from today. huge explosions in kyiv as russia launches a rare daytime attack on the capitol. we have the assessments of the damage. and now, it is memorial day in honor of the soldiers who have died in service to the nation. and this is the tomb of the unknown soldier. the president and first lady will participate in a wreath laying ceremony. we will bring that to you are right here on cnn news central. the clock is ticking, but there are real signs of progress. a breakthrough in the negotiations over the debt ceiling over the weekend, and deal among the leaders, but will the other lawmakers follow their lead? one week from today, the united states could default on the debt which is unprecedented as we have talked about so much. president biden and house speak