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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 s not done yet and all you need to do is check the social media of freedom caucus and by the way 5:00 o clock call with the democratic caucus. i expect to have to hold the phone out here based on what we are going to hear from progressive members. it is far from over the finish line. chad: conservative exonerating the bill. ralph norman called it, quote, insanity. some gop members called out the ....
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 between the white house and republican leaders. the issue at issue at this hour is work requirements for social safety net programs. let s begin our coverage of the debt talks. manu raju is up on capitol hill for us. manu, just being told it s down to one issue is cold comfort. that could be the one thing that drags this thing out. what are you learning about the state of the negotiations at ....
newsroom. i m jim acosta in washington. we are following two developments in two major stories. a short time ago in texas, the state house of representatives voted to impeach attorney general ken paxton. he is accused of bribery and abuse of public trust. the conservative republican calls the proceedings a politically motivated sham. meanwhile in washington, we re waiting for details on a phone call wrapping up, or may have already wrapped up, between president biden and house speaker kevin mccarthy. the debt ceiling talks have reached a crucial moment of sorts. negotiations are now down to one final sticking point. work requirements for social safety net programs. the white house and republican leaders may have as many as eight days for preventing the u.s. from defaulting on its debts. many predict economic disaster if that happens. we have a reporter at the white house and on capitol hill. manu, what do you think? do you think we ll get some kind of readout from the s ....
announcer: this is cnn breaking news. you re live in the cnn newsroom. i m jim acosta in washington, a very late saturday night on memorial day weekend but we re here for good reason. we re 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 nation s debt ceiling. just ten minutes from now house speaker kevin mccarthy will address reporters we re told, and then at the bottom of the hour republican leaders will brief their fellow colleagues in the gop conference on the outlines of this deal. the briefing comes after a phone call earlier this evening between mccarthy and president biden, and cnn s priscilla alvarez is at the white house for us. priscilla and manu raju still with us up on capitol hill. late night, guys. priscilla, what can you tell us? reporter: jim, i m hearing from a source close to negotiations ....
many of them, just like here in nashville, gathering outside of the stadium to listen to the taylor swift because heir not ready to they re not ready to shake it off. but new jersey state police posting this warning on instagram yes, they have an instagram that they would only allow people with tickets into the surrounding parking lots saying, quote, sorry, swifties, no ticket, no taylor-gating. perhaps swift fans are asking why you gotta be so mean. [laughter] well, we might have the answer here, and i m going to start with griff jenkins [laughter] because, you know, if you were going to do some taylor-gating because you might because you love her and your family loves her, but they re not just going to let you in because, you know, you re a fan. they should. and people keep telling me, tammy, you should calm down, by but i won t, okay? because this feels like a death by a thousand cuts. i gotta tell ya [laughter] this right here is just a blank space. an ....