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that they don t want to default. they want to avoid that, but they don t agree on how to do it. mccarthy wants to hold it at hostage in return for massive cuts on discretionary programs meaning basically everything but social security and medicare which along with defense, make up the clear bulk of the budget while president biden has been adamant that no cuts are on the table. none. so what are these guys going to talk about? and how will mitch mcconnell, chuck schumer and hakeem jefferies factor in? they will also be at that may 9th meeting. does it end an agreement to disagree until this fall? in other words, a short-term deal to avoid collapse? because that is what economists are worried about, a default that will send the markets into a freefall, add rocket fuel to inflation, slash millions of jobs, cut off social security payments and veterans benefits and drag the u.s. economy into an ugly and potentially prolonged recession. no one wants that. joining me now is ....
you are live in the cnn newsroom. i m jim acosta in washington. tensions are running high in texas as an accused killer has now been on the run for more than 40 hours. the fbi has joined the manhunt for 38-year-old francisco oropesa. he has been a fugitive since friday night. that s when neighbors asked him to stop firing his rifle in his front yard because they were trying to get a baby to go to sleep. but police say oropesa then entered their home and began shooting. an 8-year-old boy was among the five neighbors gunned down almost execution-style in the words of the local sheriff. a short time ago, that sheriff spoke to the press. five people died in my county, and that is where my heart is, in my county, protecting my people to the best of our ability. we have over 150 policemen here yesterday looking for this suspect. today it s well over 200, and more officers from other agencies are coming in to help us find this suspect. cnn s ed lavandera is in cleveland, ....
investment through the chips and science act, and now we have an enormous investment in the united states, well over $200 billion in long-term investment in semiconductors and we re rebuilding the economy of the united states with those semiconductors it s not designed to hurt china the only thing i did say, certain that we build useful for nuclear weapons systems, we are not selling, we are not exporting to china or anyone else that s the context in which this has all occurred in the meantime, we are creating thousands of jobs and bringing back a sense of pride and dignity to so many towns in the country where all of a sudden over the last three decades we found out that factories have had 600 people shut down the soul of the community was lost, and so i made sure when the semiconductors were coming back that they were not just going to go to the coast they would be all over the country. and so we have a significant field of dreams outside of ohio, in columbus, we re i ....
good evening, everyone. thanks for tuning in i m alison camerota. welcome to cnn tonight. let s start with the culture wars. in the past 24 hours the battlefield has been noisy. more battles about books in the classroom, drama over drag shows, and gaslighting about gas stoves. here is florida governor ron desantis this morning surrounded by and taking urgent action to protect gas stoves. they are trying to take away your gas stove. they are coming for any little thing in your life that they can do, and i think what they want to be able to do is they ultimately want to control the amount of energy you consume. well, it turns 92% of floridians use electric stoves, but let s not let that get in the way. what is this really about? well, governor sarah huckabee sanders spelled it out. we are under attack in a left wing culture war we didn t start and never wanted to fight. sure seems like some people do want this fight. but what s the truth about culture war rhetor ....
his green energy policies are endangers our national security and increasing america s reliance on china for critical raw materials. and still biden is forging ahead on a radical proposal to crack down on gas powered cars with insane new environmental regulations. meanwhile, a new report from nbc news found that china did in fact gather sensitive intelligence from the spy balloon that it piloted over nuclear sites and military installations in the continental united states. china was able to control the balloon to make multiple passes over some of the sites at times flying figure eight formations and transmit the information it collected back to beijing in real time. of course it did. keep in mind, biden refused to shoot down the balloon for more than a week when it was not over the continental united states. in the middle east, after two years of placating iran, four separate a tax from iranian backed militants killed a u.s. contractor and left many with severe brain i ....