next hour, change that. the lead starts right now. president biden and house speaker kevin mccarthy meeting in a matter of minutes. what s on and what s off the negotiating table as mccarthy insists he needs to see a deal this week to avoid default. plus a new name in the 2024 presidential race. i m running for president of the united states. i m america. tim scott setting his sights on the white house and his gop backers hope the senator from south carolina can be the one to beat trump and then biden. and a not guilty plea in the murders of four idaho college students and the gag order keeping information secret in this case. welcome to the lead 37 i m jake tapper. can they make a deal? in the next hour president biden and. kevin mccarthy will meet face to face at the white house as the united states careens towards an economic ka catastro that only those two can prevent we re ten day was from the u.s. potentially running out of money to pay its bills. that c
face to face at the white house as the united states careens towards an economic ka catastro that only those two can prevent we re ten day was from the u.s. potentially running out of money to pay its bills. that could happen as soon as june 1st. but the timeline could be even more urgent than that because this afternoon, speaker mccarthy told cnn that a deal needs to be made this week for practical reasons if they are going to be able to craft the legislation to get across the finish line in time. you need to have a deal tonight to avoid a default? it would be better to have a deal sooner. i think we can get a deal tonight or torges but you have to get something done this week to be able to pass it and move it to senate. failure to reach a deal would mean a debt default for the first time in the his riff of the united states. that would likely lead to a recession and check delaysed for federal workers and pauses in social security payments. let s bring in manu raju on