Good morning, I'm Taylor Wilson, and this is five things you need to know Saturday, the 27th of May, 2023.

Today, an extension on the debt ceiling, plus how Trump employees removed boxes of documents,

and we hear from a racing pioneer.

The US has an extra few days to avoid defaulting on its debt.

Treasury Secretary Janet Yellen gave an updated timeline yesterday

for when the government could run out of money, pushing the date four days from June 1st to June 5th.

That's if Congress doesn't raise or suspend the debt ceiling.

President Joe Biden and House Republicans are nearing a deal to raise the debt ceiling through 2024,

and to fulfill some Republican demands for spending cuts.

But there are still disagreements over extended work requirements for welfare programs,

and expedited permitting for oil and gas projects.

And it's still not clear whether a deal will have the votes in Congress to pass,

even with the backing of Biden and McCarthy.

To a former president Donald Trump's employees removed boxes of papers one day before federal officials

went to his Mar-a-Lago home to collect classified documents, according to multiple news reports.

The New York Times reported that a maintenance worker saw Trump's valet moving boxes into a storage room,

and the worker ended up helping to move some of the boxes without knowing what was inside.

Meanwhile, the Washington Post reports that Trump and AIDS had a dress rehearsal

for moving sensitive documents before his office received a subpoena last May.

The reports come as Trump's lawyers seek a meeting with Attorney General Merrick Garland

about the Justice Department's investigation of classified documents found at Mar-a-Lago.

That's often a sign that an indictment is coming soon.

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