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,
to see. so to have the president make this decision to change an international summit schedule is certainly an indication of how big a deal avoiding default is, and what the president is prepared to do to try to make a deal come together with congress. and kevin mccarthy wants to get it done this weekend, says congress needs at least a week for each house to mark up and then pass this legislation, and then we are heading up toward that, i like how you said it, that loose deadline june 1st. there s also other breaking news that we just got confirmed. monica alba at the white house just confirmed for us. this was first reported by the washington post. the national security adviser, jake sullivan, had a break-in at his home in the middle of the night, at 3:00 a.m. it s news worthy because one, he had a break-in, but also because head around-the-clock secret service agents attached to him and his home, and it appears that this man was able to get inside of jake sullivan s home
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