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appreciate your company. coming up on i do cnn newsroom, close put no white smoke. that s how one republican describes negotiations on the u.s. debt ceiling. ukraine assessing the damage after one of russia s deadliest attacks in recent days targets a hospital. people flocking to a u.s. monastery where a nun s body appears to show no signs of decay nearly four years after she died . a flurry of activity on capitol hill as the white house and republicans race to finalize a deal to raise the u.s. borrowing limit, called the debt ceiling, and avert financial catastrophe. a person familiar with the negotiations tells cnn they re hoping to announce an agreement perhaps as soon as saturday. jeremy diamond is at the white house with more on where things stand. reporter: as the white house and republican lawmakers continue negotiating on friday over a potential deal to raise the debt ceiling and cap spending, president biden on friday sounding downright optimistic ab ....

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Transcripts for CNN CNN Newsroom Live 20240604 05:02:00

Stand. reporter: as the white house and republican lawmakers continue negotiating on friday over a potential deal to raise the debt ceiling and cap spending, president biden on friday sounding downright optimistic about the possibility, the potential for reaching a deal. even as early, he said, as friday night. there s a negotiation going on. i m hopeful we ll know by tonight whether we are going to be able to have a deal. reporter: the president saying he thinks things are looking good in those ongoing negotiations. now, the president s comments come just hours after the treasury secretary, janet yellen, has finally set an exact date for when she believes the u.s. government will run out of money to pay its bills and pay its debt obligations. and that new date is june 5th, according to the treasury secretary. in a letter to congressional leadership, including the speaker of the house, kevin mccarthy, secretary yellin writes, quote, based on the most recent available data, we now ....

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