congress fails to act and the u.s. defaults on its debt will be bad. it s something that looks more possible by the day. the clock is ticking. speaker kevin mccarthy says he wants a deal by this weekend. that it s the only way to give both houses of congress enough time to actually mark up and pass anything on the debt ceiling. but president biden is leaving town tomorrow heading for the g-7 in japan. what punch bowl called a damned if he does, if he doesn t situation for biden with the stakes incredibly high. so with both of those things in mind, the clock and the travel, what is being said inside the white house right now? speaker mccarthy is there meeting with president biden for the third time to avoid a default. look at the background in a second. don t worry. what s on the table and what s even possible. does an acceptable compromise exist? one that actually passes not just the split congress, but this split congress. joining me now, nbc news white house correspondent,
congress fails to act and the u.s. defaults on its debt will be bad. it s something that looks more possible by the day. the clock is ticking. speaker kevin mccarthy says he wants a deal by this weekend. that it s the only way to give both houses of congress enough time to actually mark up and pass anything on the debt ceiling. but president biden is leaving town tomorrow heading for the g-7 in japan. what punch bowl called a damned if he does, if he doesn t situation for biden with the stakes incredibly high. so with both of those things in mind, the clock and the travel, what is being said inside the white house right now? speaker mccarthy is there meeting with president biden for the third time to avoid a default. look at the background in a