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viewers watching from all around the world. i m paula newton. ahead on cnn newsroom, u.s. lawmakers insist default is not an option, but there s no deal yet to raise the debt limit. ahead, what this could mean for the global economy. plus new reporting from the washington post. employees of former president trump allegedly moved boxes of papers at mar-a-lago a day before the justice department showed up to collect classified documents. memorial day weekend is just the start of what s going to be a very busy summer travel season that we re expecting. yes, it is the unofficial start of summer and people are packing up and heading out of town for the long weekend. just ahead, we have your travel and weather forecast. we do begin in washington where marathon talks to avoid the first-ever u.s. government debt default appear to be making progress. sources tell cnn the white house and congressional republicans are getting closer to a deal to raise the debt limit an ....
Weekend. we go to los angeles now. ryan fidel, senior fellow at clairmont university, good to see you. no deal yet. we wait, we worry. the treasury department is biding its time, trying to figure out the shell game, where to move their money around. officials warn that america s too close to a default and that americans will pay the price for this. we saw fitch ratings downgrade or warn they might have to downgrade fannie mae and freddie mac because they re government-backed mortgage giants. what is your takeaway? well, you said the word thankful. i m thankful that they re talking. i m thankful that i believe that they re going to get a deal done. but as you know, there s so many variables. things have been going sideways with the flip of a switch. should that switch occur, there is this detrimental effect to ....