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Transcripts For CNNW CNN 20240706

voted to impeach attorney general ken paxton. he s accused of bribery and abuse of public trust. they said the impeachment was illegal and being called what he called corrupt politicians. we ll 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 point. work requirements for social safety net programs. they may have as little as eight days to prevent the u.s. from defaulting on its debts. many experts predict economic disaster if that happens. let s begin at the white house and capitol. manu, they would not be getting on the phone just to go over what they re going to have at their memorial day barbecue. this means that maybe we re getting close. reporter: yes, indeed it does. i just spoke with patrick mchenry, one of the key negotiat

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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