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economists say this one should not hurt the economy. joining me now is cnbc senior analyst, congressional continue, julie tsirkin, and nbc news white house correspondent, al -- allie raffa. i want to read a few notable things. jason fuhrman, the former deputy director of obama's national council says the fed will be happy. the economy needs cooling off and this takes pressure off interest rates in accomplishing cooling off. a jpmorgan chase analyst says the agreement could function as the equivalent of a quarter point increase in interest rates in terms of helping to restrain inflati...

>> i have no classified documents and by the way they become automatically declassified. >> they have an audiotape now of donald trump in a meeting where he talks about a classified proposal from the pentagon. >> it is as far as evidence goes very, very powerful. the house did it, it was a struggle to get there. >> this is the biggest cut in savings this congress has ever voted for. >> yeah, there is clearly something there because we have video of it. >> nasa has been looking for a life in the universe for decades. live from london, this is "cnn newsroom" with max foster and bia...

>> be very clear. not one republican should vote for this deal. it is a bad deal. >> i thought the last plan wasn't good enough. i had no idea. i had no idea that we would see a plan as ephemeral as this plan. >> anyone who's spent any time on capitol hill will tell you those hard liners were probably never going to vote for any compromise. by necessity, it would not be what they wanted, which was major spending cuts to social programs but here is where it gets tricky. as part of the deal to get the gavel, mccarthy put a number of those hard liners on the rules committee in the house...

memorial day off. it's tuesday morning. we're glad you're with us. i'm jhappy to be joined by my friend erica hill. >> relaxing. >> we hope you had a good one. let's get started with five things to know for this tuesday, may 30th. drone attacks hit the heart of russia. two people are injured and three residential buildings this morning are damaged in moscow after the ukrainian capital of kyiv with stands another attack. >> the debt limit deal set to face its first hurdle today in the house rules committee. speaker kevin mccarthy said he's not worried despite concerns from at least tw...

individuals. >> the debt ceiling deal goes under the microscope on capitol hill. >> not one republican should vote for this deal. >> norah: the aggressive maneuver by a chinese fighter pilot causing turbulence for this u.s. air force plane. ♪ ♪ >> you are looking at 17 years in prison for living your truth. >> norah: a cbs news investigation, the charges the military once used to target gay service members, even putting some in prison. >> there are thousands that have been incarcerated because of their sexuality. ♪ ♪ >> elizabeth holmes in prison today. the creator of therano...