Page 8 - Debt Default News Today

people will read the bill and i think they will be excited. america wins in this one. kevin mccarthy and president joe biden strike a deal to avert a massive debt default in the united states. we will look at what comes next that they iron out the details. >> plus, sirens blair in the capital of ukraine as 50 russian drones are downed. we will take you live for the latest. and a big change may soon come to the weight loss markets. drugs lycos epic will be more accessible. we are look...

♪ youre live in the cnn newsroom. im jim acosta in washington. we begin with the most important sales pitch in washington this week selling the deal to avoid a catastrophic debt default. the call that was scheduled for two hours ago has not happened yet. a default could be disastrous to the u.s. and that threat still looms ominously. up on capitol hill there are lawmakers from both parties grumbling. passage is not guaranteed at this point. lets go to priscilla alvarez. what is the...

at any moment now, president biden is going to speak on the phone and finalize the bill. the president had this to say about the negotiations. >> reporter: mr. president, are you positive this deal will get to your desk? >> yes, it will. im about to call mccarthy at 3:00, make sure all the ts are crossed and the is are dotted. >> reporter: what are the sticking points? >> none. >> should all democrats vote for this bill? >> still anyones guess if the house has enough votes to get this ...

you are live in the cnn newsroom. im jim acosta in washington. were keeping a close eye on two developing stories this hour. in texas, the states 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 nations first-ever debt default. a short time ago a...

>> they got their mind-set what they want, they think they know what women want. ♪ ♪ >> norah: a cbs news% exclusive. the irs agent, who we learned was investigating hunter bidens possible tax crimes, speaks out in his first interview. ♪ ♪ [bell rings] >> todays marks one year since the tragic school shooting at robb elementary in you all the text. a gunman walked onto campus and killed two teachers and 19 children. ♪ ♪ >> norah: severe thunderstorms in texas bring dangerou...

newsroom. im jim acosta in washington. we are following two developments in two major stories. a short time ago in texas, the state house of representatives voted to impeach attorney general ken paxton. he is accused of bribery and abuse of public trust. the conservative republican calls the proceedings a politically motivated sham. meanwhile in washington, were waiting for details on a phone call wrapping up, or may have already wrapped up, between president biden and house speaker ke...

newsroom". >> with regard to the debt limit things are looking good and very optimistic. >> that might be how president biden feels about debt ceiling negotiations, but its not clear everyone agrees, well look at the obstacles still ahead. and -- >> we have to be on top of the plane were going to get on top of the plane. >> yeah, buckle up for whats expected to be a very busy holiday travel weekend, its the unofficial start of summer, people, and the u.s., and millions here, are on t...

want. ♪ ♪ >> norah: a cbs news exclusive. the irs agent, who we learned was investigating hunter bidens possible tax crimes, speaks out in his first interview. [bells ringing] >> todays marks one year since the tragic school shooting at robb elementary in uvalde, texas. a gunman walked onto campus and killed two teachers and 19 children. ♪ ♪ >> norah: severe thunderstorms in texas bring dangerous winds, hail, and flash floods. ♪ ♪ >> the pacific island of guam is facing its...

newton. while negotiators race to reach a debt limit deal. the impact on sbmall business owners,sh theyre message is simple, get a deal done. and filling your tank compared to this time last year and whats behind the change. republican governor ron desantis on the offensive, and there are clear signs that the gloves will be coming off now that hes officially running for the white house. >> announcer: live in cnn center, this is "cnn newsroom" with paula newton. so the white house...

before the u.s. defaults. not everyone is confident a deal can be reached, with at least one top republican negotiator warning a deal could come together as soon as today or fall apart entirely. what is the mood on capitol hill right now? >> reporter: good afternoon. the mood is more optimistic than weve heard in days. negotiators here this morning are saying they think theyre closing in on a deal and really its all about having an agreement on the agreement and hashing out the remaini...