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earlier today, president biden told reporters, he is confident a deal will reach his desk. and no more sticking points to iron out. msnbc news has also learned part of the deals -- raising the debt limit for two years, avoiding another debt showdown before the 2024 election. the deal also clause back some unspent pandemic funding, we'll talk about what that means. and shaves off some irs funding. it also expands work requirements for certain adults on food stamps. speaker mccarthy also spoke to senate republicans this afternoon about his deal at the white house, two sources tell msnb...

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 ukraines 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. Default in history, whic...

-- captions by vitac -- www.vitac.com good evening, everyone. i'm tom king in for alisyn camera at that. debt ceiling drama. we're closer to a debt ceiling deal, closer but not there yet. janet yellen gave them four more days, and we've got a ways to go. even if they make a deal tomorrow morning, can they get it done in time? plus, can a trump-like candidate beat donald trump? that's the question, as ron desantis gets his campaign in high gear. the florida governor not being shy at all about taking on the former president, ripping him on the border of all things, calling him a bi...

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...

♪ disaster averted? >> after weeks of negotiations, we have come to an agreement in principle. >> the president and the speaker make a deal to raise the debt ceiling. but the hardest part may lie ahead. convincing think parties to vote for it. plus, game on. >> he's been attacking me by moving left, so this is a different guy than 2016. >> ron desantis jumps into the 2024 race and levels his toughest attacks yet on donald trump. but will it be enough? >> rob desanctimonious and his poll numbers are dropping like a rock. >> and target in the cross-hairs. the retail giant is the ...