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Transcripts For CNNW Heavens 20240706

you re live in the cnn newsroom. i m jim acosta in washington. we re at a crucial moment in the high-stakes debt ceiling talks. we re waiting for details on a phone call that just wrapped up in the last hour between president biden and house speaker kevin mccarthy. negotiations are down to one final sticking point, safety net for social programs. leaders may have as little as eight days to prevent the u.s. from defaulting on its debt. many experts predict economic disaster if that happens. manu raju is up on capitol hill. manu, i was hoping since you were there in front of the cameras for us today that that meant i think this is probably our strongest indicator, that you were on capitol hill for us. president and kevin mccarthy spoke. at this point if the speaker were to come out and touk alk t reporters, that would be a good sign. you tell us. reporter: that s right, jim. the speaker said today he would be the one to make the announcement that there is a deal. well, he

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Transcripts For CNNW CNN 20240706

you re live in cnn newsroom from washington. two major floor ris in texas. impeachment vote is underway for the texas attorney general. ken paxton is accused of bribery and abuse of power. they say the impeachment is illegal and is being pushed for by corrupt politicians as he calls them. up on capitol hill, kevin mccarthy said progress is being made. in the last hour or so, several members of mccarthy s whip team have been summoned to the speaker s suite. republican leaders are trying to finalize a deal to raise the debt ceiling and stave off what could be an economic disaster. let s begin our coverage of the debt talks. priscilla alvarez is up on the hill. manu raju, what are you learning about the negotiations? are they headed in the right direction? it is unclear. we do know they are close to reaching an agreement. they have been close for some time. there are a number of sticking points. they are having a difficult time resolving including spending to provisions to e

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Transcripts For CNNW CNN 20240706

we re only ten days out from a potential u.s. default, and there is still no deal on the debt ceiling. that s only step one. keep in mind it still has to clear congress quickly. another critical meeting between the president and house speaker just hours away. we re going to take you live to the white house and capitol hill. also ahead, the naacp issues a travel advisory for florida, accusing the state of being openly hostile towards african americans. details on the driving force behind that warning and how governor ron desantis is responding just ahead. and instead of walking across the stage to get her diploma, a transgender teen opts out of commencement after the school said she had to wear pants. we are following these major developing stories and many more all coming in right here to cnn news central. the federal government is running out of money and d.c. is running out of time to get america s accounts in order. later this afternoon president biden and speaker mc

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Transcripts for CNN Heavens Gate The Cult of Cults 20240604 00:34:00

a critical agreement over the debt ceiling. in the last couple of hours between president biden and sources have been down to one final sticking point, work requirements on social safety net programs. but progressive democrats and far right republicans have been adamant on getting their way. and this rice against time the white house and republican leaders have as little as eight days to prevent the u.s. from defaulting on debts. u.s. economic experts expect disaster if that happens. small businesses are keeping a wary eye on the negotiations in washington. many say their livelihoods could be crushed. gabe cohen explains. reporter: from a construction site in baltimore. i get really frustrated by that. reporter: brandon is

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Transcripts for CNN Heavens Gate The Cult of Cults 20240604 00:05:00

default. yeah. when i was talking to congressman maxwell frost earlier in the evening, he sounded like many democrats in the house now. very cool to the idea of these work requirements on social safety net programs. he said there are requirements in social safety net programs. he s wondering why the republicans are clinging to this position. but it would seem to me the president could not buckle on that particular sticking point because he would have to worry about democrats over in the house just being up in arms over that sort of thing. that sounds like that s a problem. reporter: yeah. exactly, jim. it is not just people like maxwell frost. it is the democratic leader of the house, hakeem jeffries. he made it clear he can t accept work requirements. we have heard from moderate members, progressive members that aren t in line with that. that s the biggest concern with democrats, that they may be asked by the president to vote

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