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christine romans. it's memorial day here in the u.s. glad you're with us. let's get going. we begin this morning with president biden defending the deal he made with house speaker kevin mccarthy to raise the debt limit for two years. >> it takes the threat of catastrophic reform off the table. protects our hard-earned economic recovery. and the agreement also represents a compromise which means no one got everything they want. >> mccarthy agreed to raise the debt limit in explain for cuts to the budget. even though, the president insisted to reporters he wasn't actually negotiating o...

Christine romans. it's memorial day here in the u.s. glad you're with us. let's get going. we begin this morning with president biden defending the deal he made with house speaker kevin mccarthy to raise the debt limit for two years. >> it takes the threat of catastrophic reform off the table. protects our hard-earned economic recovery. and the agreement also represents a compromise which means no one got everything they want. >> mccarthy agreed to raise the debt limit in explain for cuts to the budget. even though, the president insisted to reporters he wasn't actually negotiating on the dead...