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Transcripts For CNNW CNN 20240706

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 historic d

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Transcripts For CNNW CNN 20240706

you are live in the cnn newsroom. i m jim acosta in washington. we re keeping a close eye on two developing stories this hour. in texas, the state s attorney general is facing an impeachment vote. ken paxton is accused of bribery and abuse of power. the conservative republican says it is illegal and being pushed by corrupt politicians. in washington, meantime, house speaker kevin mccarthy says progress is being made in talks to avoid the nation s first-ever debt default. a short time ago a source familiar with the intense discussions says it is now down to one final sticking point between the white house and republican leaders. the issue at issue at this hour is work requirements for social safety net programs. let s begin our coverage of the debt talks. manu raju is up on capitol hill for us. manu, just being told it s down to one issue is cold comfort. that could be the one thing that drags this thing out. what are you learning about the state of the negotiations at this

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Transcripts For CNNW CNN 20240706

viewers watching from all around the world. i m paula newton. ahead on cnn newsroom, u.s. lawmakers insist default is not an option, but there s no deal yet to raise the debt limit. ahead, what this could mean for the global economy. plus new reporting from the washington post. employees of former president trump allegedly moved boxes of papers at mar-a-lago a day before the justice department showed up to collect classified documents. memorial day weekend is just the start of what s going to be a very busy summer travel season that we re expecting. yes, it is the unofficial start of summer and people are packing up and heading out of town for the long weekend. just ahead, we have your travel and weather forecast. we do begin in washington where marathon talks to avoid the first-ever u.s. government debt default appear to be making progress. sources tell cnn the white house and congressional republicans are getting closer to a deal to raise the debt limit and cap

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Transcripts For CNNW Smerconish 20240706

trump for the gop presidential nomination? think about it. he s a former president, essentially a gop incumbent, who is consistently polling around 50% of the gop vote in the polls. and we learned in 2016 that give continue hard core support that trump enjoys from some, he s the beneficiary of a large field. remember, in that cycle there were so many running that debates, they had a kids table. this time trump announced first and then nikki haley, and then vivek ramaswamy, larry elder, asa hutchinson, tim scott, and now ron desantis, who, by the way, is only 44 years old. by biden/trump standards, he s got three more decades to run for president. so why run now? why get into the steel cage with a wrestler who always carries a foreign object? mike pence said he ll soon make a decision. chris christie sounds like a candidate. even glenn younk gkin is taking second look. what s going on? maybe they don t think they ll have to beat trump. that will be done by a combination of al

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Transcripts For CNNW CNN 20240706

round-the-clock negotiations are on in washington as america faces the very real chance of a potentially catastrophic debt default. house speaker kevin mccarthy saying today he sees progress, but there are still major sticking points that need to be ironed out on everything from spending caps to work requirements. one top republican negotiator warning a deal could be reached as soon as today or they could collapse completely. meanwhile, the national deficit is growing every second, and with no deal in place the u.s. could run out of money to pay its bills, which could have a disastrous impact on the economy. the treasury secretary now saying that could happen in just eight days. cnn s covering all of the angles. what are the obstacles reaching lawmakers from reaching a deal? negotiators were in the capitol until 2:30 a.m. this morning and now they re back in house speaker kevin mccarthy s office meeting virtually with the white house as they continue to try and hash out the

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