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states hits today and that is the legal limit. if congress does not raise that limit, the country risks default which would have almost unmanageable consequences. now the treasury department is taking what are called extraordinary measures to push that date back a bit. but they can't do it forever. this morning cnn has also learned that president biden still plans to announce he is running for re-election. he does plan to announce that bid after the state of union address next month. those are the plans that are in place. there are new details this morning about how this special coun...

under way as the united states of america hits its limit on debt. how this sets up a showdown for congress and the white house as republicans vow to cut future spending before agreeing to pay the bills already due. stunning news, actor alec baldwin is going to be charged with involuntary manslaughter in the tragic deadly shooting of cinematographer halyna hutchins on the "rust" movie set. the actor is gearing up for a legal fight while hutchins' family is weighing in. and new reaction to the shocking announcement by new zealand's prime minister. why is popular celebrated leader j...

of their staff, you could just tell they were going to get this guy. >> good morning, everyone. i am live this morning in monterey park, california. the scene of the latest deadly mass shooting. police say the gunman is dead after a s.w.a.t. standoff and man musthunt. plus the fbi has searched president biden's private home over the weekend, finding more classified documents inside. could additional searches be on the way? and -- ♪ amazing grace ♪ ♪ amazing grace ♪ >> that is graceland bidding a final farewell to lisa marie presley. we'll get to all of those stories in ...

the shooter. also this morning in washington, the fbi conducting a historic search of president biden's home in coordination with his attorneys and finding more classified documents now as the white house deals with the legal implications, the political fallout is also getting worse. a warning from russia this morning. if germany sends its leopard 2 tanks to the war zone, ukraine will pay. this comes as two major western allies are locked in a standoff. a tv weather man jumped on the subway by a group of teenagers after he tried to help an elderly man. now these teens are free....

i'm jim sciutto. >> and i'm erica hill. investigators in monterey park, california searching for a motive after a gunman killed ten people and wounded ten more at a dance hall. the gunman later took his own life after a standoff with officers officers. >> before it ended, he did try to target a second dance hall. he was stopped by a bystanders, brandon tsay, who managed to wrestle the gun away from him. >> my first thoughts was i'm going to die here. this was it. when i got the courage, i lunged at him with both of my hands and grabbed the weapon, and we had a struggle. we struggled ...