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world, you are watching cnn newsroom and i am rosemary church, just ahead, the clock is ticking for the u.s. to raise the debt ceiling or risk a default. and in the hours ahead, another key meeting between joe biden and kevin mccarthy is on the agenda. leaders of the g7 summit say that they want to bring peace to ukraine as president zelenskyy disputes moscow s claim that russian fighters control bakhmut. is but a resounding victory, greece fails to secure a majority in parliamentary elections, serving the country up for another round of voting soon. live from the cnn center, this is cnn newsroom with rosemary church. good to have you with us, with the g7 summit now behind him, he was president joe biden back in washington to face his most pressing issue right now. the impasse over the u.s. debt ceiling, in the coming hours, president biden will meet yet again, with house speaker kevin mccarthy to try to strike a deal on raising the countries borrowing limit. mcca ....
the wire. the u.s. has 10 days before it could default on its debt. president biden returning to washington from an all important meeting with kevin mccarthy in the coming hours. it was a bountiful trip to the g-7 for ukraine s president heading home with military aid as the bloody battle for bakhmut reaches a critical stage. plus a historic mission, spacex and saudi arabia s first female astronaut into space. a message to the world live from cnn center, this is cnn newsroom with rosemary church. did to have you with us, with the g7 summit now behind him, he was president joe biden s back in washington to face his most pressing issue right now. the impasse over the u.s. debt ceiling. in the coming hours, president biden will meet yet again with house speaker kevin mccarthy to try and strike a deal on raising the country s borrowing limit. mccarthy says he had a productive phone call with mr. biden as the president was returning from japan on sunday. there is only ....
Issue of we are going to propose cuts, and they think this is their best pressure tactic, because they understand that again, there is a real economic catastrophe, but also a political one, i think people in some part would of course blame whoever is president, president biden if in fact we do default on our debt, and so kevin mccarthy understands, that he does have some cards to play here, but as you said, this is something that republicans and quite frankly, there s a little bit across both sides of the aisle, but they care a lot about when they have a democratic president and they think that they can try and extract promises for the next budget. when they are having to negotiate this. i do want to quickly turn to other political news, because ron desantis is expected to officially declare his candidacy for the gop nomination for president and what is starting to be a very crowded field and expecting ....
Really harm biden politically, and of the 2024 presidential election? well i certainly think it would be a wednesday to try to draw blood from president biden for the republicans. and many of them ran on the issue of that we are going to impose cuts and they think this is their best basically pressure tactic because they understand that again, there s a real economic catastrophe but also politically i think people in some part would of course blame whoever is president, president biden if in fact we do default on our debt. so kevin mccarthy understands that he does have some cards to play here but as you said, this is something that republicans and quite frankly, a little bit this across both sides of the aisle but they care a lot about when they have a democratic resident and they think that they can try and extract promises. for the next budget. when they are having to ....