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♪ you're live in the cnn newsroom. i'm jim acosta in washington. we begin with the most important sales pitch in washington this week selling the deal to avoid a catastrophic debt default. the call that was scheduled for two hours ago has not happened yet. a default could be disastrous to the u.s. and that threat still looms ominously. up on capitol hill there are lawmakers from both parties grumbling. passage is not guaranteed at this point. let's go to priscilla alvarez. what is there to make of this biden/mccarthy phone call. do we think that's going to happen any time now? an...

at any moment now, president biden is going to speak on the phone and finalize the bill. the president had this to say about the negotiations. >> reporter: mr. president, are you positive this deal will get to your desk? >> yes, it will. i'm about to call mccarthy at 3:00, make sure all the ts are crossed and the is are dotted. >> reporter: what are the sticking points? >> none. >> should all democrats vote for this bill? >> still anyone's guess if the house has enough votes to get this bill to the president's desk. but speaker mccarthy says he's confident the deal will pass. >> back...

and arizona, and one month after pennsylvania voters go to the ballot boxes. the trial, of course, involving 34 felony counts related to the stormy daniels hush money case. trump has pleaded not guilty in that case. also tonight, florida governor ron desantis will announce his candidacy tomorrow in a rather unconventional way, appearing in a live conversation on twitter with elon musk. we are getting word donald trump and his allies are making plans to offend that announcement. maggie haberman will join us in a moment. just a reminder of how wide open and unpredictable these races ar...

♪ ♪ >> mike: speaker of the house kevin mccarthy and president biden announcing they have reach ad death deal in principle. hoping for a vote in the house on wednesday. welcome to fox news live i'm mike emanuel. speaker mccarthy touting the deal big win for republicans as lawmakers raise to finalize and pass the agreement. senior correspondent chad pergram. god bless you, lucas. chad let's start with the latest from the hill. chad: it was hard to get a deal but maybe harder just to pass the bill, some lawmakers from both sides are reluctant to endorse the package. >> remember, it...

you are live in the cnn newsroom. i'm jim acosta in washington. we're keeping a close eye on two developing stories this hour. in texas, the state's attorney general is facing an impeachment vote. ken paxton is accused of bribery and abuse of power. the conservative republican says it is illegal and being pushed by corrupt politicians. in washington, meantime, house speaker kevin mccarthy says progress is being made in talks to avoid the nation's first-ever debt default. a short time ago a source familiar with the intense discussions says it is now down to one final sticking point be...