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you re live in the cnn newsroom. i m jim acosta in atlanta. we begin this hour with high stakes negotiations starting back up on the nation s looming debt crisis. just minutes ago talks resumed on the staff level in washington. but they will set the stage for a top level meeting tomorrow. president biden is expected to sit down with republican house speaker kevin mccarthy. the two men spoke by phone today as the president was flying back home from the g7 summit in japan. this new glimmer of optimism is a quick compromise appears increasingly bleak. the u.s. could run out of money to pay debts as early as june 1st. experts say that would be disastrous for the u.s. and the global economy. let s go the to white house and arlette saenz. what this what are they saying over there? the president returned to washington much the same when he left it, without any clear resolution in sight to avert a national default on the debts as early as 11 days from now. now, one thing that t

Jim acostaCnn newsroomDebt crisisIn atlantaKevin mccarthyG7 summit in japanU sWhite houseLet s goJune 1stArlette saenzCapitol hillHouse speakerPhone callNow mccarthySpending levels