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Transcripts For CNNW CNN 20240706

you re live in cnn newsroom from washington. two major floor ris in texas. impeachment vote is underway for the texas attorney general. ken paxton is accused of bribery and abuse of power. they say the impeachment is illegal and is being pushed for by corrupt politicians as he calls them. up on capitol hill, kevin mccarthy said progress is being made. in the last hour or so, several members of mccarthy s whip team have been summoned to the speaker s suite. republican leaders are trying to finalize a deal to raise the debt ceiling and stave off what could be an economic disaster. let s begin our coverage of the debt talks. priscilla alvarez is up on the hill. manu raju, what are you learning about the negotiations? are they headed in the right direction? it is unclear. we do know they are close to reaching an agreement. they have been close for some time. there are a number of sticking points. they are having a difficult time resolving including spending to provisions to e

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before the u.s. defaults. not everyone is confident a deal can be reached, with at least one top republican negotiator warning a deal could come together as soon as today or fall apart entirely. what is the mood on capitol hill right now? reporter: good afternoon. the mood is more optimistic than we ve heard in days. negotiators here this morning are saying they think they re closing in on a deal and really it s all about having an agreement on the agreement and hashing out the remaining sticking points, which we re told are on work requirements and spending caps. we heard speaker mccarthy came to the capitol shortly before 10:30 a.m. this morning. he says he feels more confident than he has and they ve made progress, but some sticking points remain. i asked him if he thinks he would be able to get his full conference behind whatever deal they re able to strike, and he said he does think that will happen. he also said he thinks a deal could potentially come together as earl

Transcripts For CNNW CNN 20240706

round-the-clock negotiations are on in washington as america faces the very real chance of a potentially catastrophic debt default. house speaker kevin mccarthy saying today he sees progress, but there are still major sticking points that need to be ironed out on everything from spending caps to work requirements. one top republican negotiator warning a deal could be reached as soon as today or they could collapse completely. meanwhile, the national deficit is growing every second, and with no deal in place the u.s. could run out of money to pay its bills, which could have a disastrous impact on the economy. the treasury secretary now saying that could happen in just eight days. cnn s covering all of the angles. what are the obstacles reaching lawmakers from reaching a deal? negotiators were in the capitol until 2:30 a.m. this morning and now they re back in house speaker kevin mccarthy s office meeting virtually with the white house as they continue to try and hash out the

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[laughter] it s the way of the world, kids. [laughter] tom hanks also received a hearted branded volleyball, in reference to his 2000 movie castaway. congratulations. considering all that context he just gave its honorary. cnn this morning continues right now. it is a wonderful saturday morning. i am glad you are part of it. good morning. welcome to cnn this morning. i m victor blackwood. what do you do with an honorary degree, though? if you have a ph.d. or a doctorate in arts, can you actually go and be a professor? some people go around and demand that you call them doctor, with an honorary degree! yes, i know a couple. okay, well, maybe i need to get an honorary doctorate so you can call me doctorate. i am doctor amara walker. thank you so much for spending a part of your morning with us. a lot going on this morning. today, millions of people heading out to their memorial day destinations. we re gonna tell you what to expect at the airport, and wha

Transcripts For CNNW CNN 20240706

thank you. great pleasure to be here. an honor to be speaking about tina this morning. i know john feels the same way. thanks, gentlemen. cnn this morning continues right now. sorry about that. we have got so many people here that i think we are we are kind of melting the servers, which is a good sign. is it? i don t want to jinx this. we played it on air all three hours this morning we still have an hour to go. look, that is about how ron desantis launched his campaign. good morning. presidential candidate ron desantis pushing the reset button on his presidential campaign. he just announced a new campaign kickoff in iowa after his much hyped launch on twitter with elon musk was derailed by technical difficulties. lawmakers going on recess as time is running out to reach a deal on the debt limit and prevent an economic disaster. a new warning about what can happen in the days to come. leader and members of oath keepers are about to learn their fates.

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