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Announcer this is cnn breaking news. Youre live in the cnn newsroom. Im jim acosta in washington, a very late Saturday Night on Memorial Day Weekend but were here for good reason. Were here in a crucial moment on debt ceiling talks. Multiple sources tell cnn that the white house and House Republican leaders have reach an agreement in principle, we should note in principle on raising the nations debt ceiling. Just ten minutes from now House Speaker Kevin Mccarthy will address reporters were told, and then at the bottom of the hour Republican Leaders will brief their fellow colleagues in the gop...

deal reached with kevin mccarthy to raise the nation's debt limit. here is what the president had to say. >> i'm about to go in and call mccarthy now, make sure all the ts are cross and the is are dotted. >> a few on capitol hill have expressed some skepticism that the bill will have enough support to pass. today, speaker mccarthy told reporters that he is confident there will be enough votes to get through his chamber. >> to take you back to where we started, back to february 1. sat down with the president. i said, let's work together to raise the debt ceiling but curb the amount of...

rachel: god bless america. that is the navy band northeast ceremonial band, welcome to "fox & friends" and good morning to all of you across america. i'm here with will and with joey. joey: in for pete hegseth. celebrating memorial day in his own way. you recognize the song god bless america. rac.rachel: yeah. joey: i don't have any acumen. it didn't register. rachel: we need that now. great song, great choice. will: beautiful. they've been with us all weekend long as we spender time with you throughout the memorial day weekend and we try to remind ourselves, it's not just about the ...

appreciate your company. coming up on "cnn newsroom," an agreement in principle on the debt ceiling. washington has a plan to avoid a catastrophic default, but details still need to be ironned out, then it has to get through congress. also ukraine's top general issues a pointed message for his soldiers, russia, and the world. and we do begin in washington a late night agreement to try to prevent a looming debt crisis. the white house and republicans have reached a deal in principle to raise the debt ceiling and cap government spending. it is meant to avert the first u.s. defaul...

voted to impeach attorney general ken paxton. he's accused of bribery and abuse of public trust. they said the impeachment was illegal and being called what he called corrupt politicians. we'll have more in just a moment. in the meantime, in washington, it is deal or no deal. two sources tell cnn president biden and house speaker kevin mccarthy are expected to speak this hour. it comes at a critical moment in the debt ceiling talks and a source says it is now down to one final sticking point. work requirements for social safety net programs. they may have as little as eight days to p...