Page 5 - Debt Default News Today

appreciate your company. coming up on "cnn newsroom," an agreement in principle on the debt ceiling. washington has a plan to avoid a catastrophic default, but details still need to be ironned out, then it has to get through congress. also ukraines top general issues a pointed message for his soldiers, russia, and the world. and we do begin in washington a late night agreement to try to prevent a looming debt crisis. the white house and republicans have reached a deal in principl...

im laila harrak. republicans already raising concerns over the agreement in principle on the debt ceiling as both president biden and house speaker mccarthy race to seal the deal with their allies in congress. the gop turns on one of its own in texas in an unprecedented move to impeach the states attorney general. details and how that official is reacting. and were live for you in istanbul as voting there gets under way for turkeys presidential runoff election. we begin in washingt...

voted to impeach attorney general ken paxton. hes accused of bribery and abuse of public trust. they said the impeachment was illegal and being called what he called corrupt politicians. well have more in just a moment. in the meantime, in washington, it is deal or no deal. two sources tell cnn president biden and house speaker kevin mccarthy are expected to speak this hour. it comes at a critical moment in the debt ceiling talks and a source says it is now down to one final sticking p...

carcasses. correspondent peter doocy starts us off tonight. good evening, peter. >> reporter: on this memorial day, president biden is expressing confidence that there wont be a debt default while also trying to express condolences to the families of fallen american service members. >> president biden: to those who gave our lives so our nation might live. >> reporter: hours after a solemn wreathlaying, president biden defended a debt deal that awaits congressional approval. >> presiden...

politicsnation. tonight lead, not there yet. >> right now, the economic free world is holding its breath. as washington appears to have a way out of this impasse over our debt ceiling. president biden and republican house speaker, kevin mccarthy, announcing last night that a tentative deal has been reached, that would allow both sides to claim a victory. with short term domestic spending curtailed in line with house republican demands, and economic crisis averted to the delight of demo...

answer. so lets get started. a debt deal, but not a done deal. president biden and house speaker kevin mccarthy strike a lead by compromise to avoid a catastrophic u.s. debt default. but there is still a lot of work to be done before wednesdays house vote. we are live on capitol hill with the latest. plus, impeached, in a history making vote, the gop-controlled texas house impeachs embattled republican state attorney general in election denier, ken paxton. we have his response to being...

strikes that damaged at least three buildings a terrorist attack. the citys mayor says two people were injured but none required hospitalization. cnns clare sebastian is live in london for us. and this would seem to really bring the war home to the russian public even more than the drone strike on the kremlin a couple weeks ago. what more do we know about the attack itself and the kremlins response this morning? >> yeah, state media reporting the three buildings as of now, two in mosco...

declassified when i take them. >> qaa. >> where does that leave us? >> well, that is going to be a problem for the former president, and as reporters, it is going to completely change our time, place and manner of the investigation. thinking of the time line, these documents were subpoenaed back in 2022, and they were when a search and this is that we have been focused on florida, but at least one document was in his golf resort in bedford, new jersey. so also, they have a former presi...

chris jansing picks up our coverage right now. good day, im chris jansing in new york city. happy memorial day. and welcome to a special edition of chris jansing reports. the agreement on the debt limit is not done but is done but the fights not finished. the white house and the speakers office now in an 11th hour push to pick up every last vote in congress, trying to make sure their big deal doesnt go bust, but today is also about putting politics aside and honoring the men and wome...

welcome to "cnn this morning." >> good to be with you. heres what were 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 presidents 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 t...