Leaders in both parties are going to be spending much of the day whipping their rank-and-file to make sure they can get the 218 votes needed to pass the debt ceiling bill. All that, and the rest of the news you need to know today.

Playbook co-author Rachael Bade breaks down her reporting.

With mere days left before the projected June 1 X-date, negotiators appear to be homing in on a debt ceiling deal that would avert an economic catastrophe. A source familiar with the talks told Playbook late last night that the two sides have all but finalized the spending portion of discussions. 

Rachael Bade breaks down her reporting.

EPISODE NOTES: The Florida governor announced his presidential campaign in a glitch-filled Twitter Spaces event. Plus, inside Democrats' debt ceiling messaging tiff, where some Democratic members have privately fumed that President Biden has refused to use his bully pulpit to deliver a clear and concise message on the debt ceiling talks — even as Republican negotiators have used frequent reporter gaggles and off-the-cuff press conferences to make their own case.

Playbook co-author Eugene Daniels talks with politics reporter Sally Goldenberg.

The Florida governor’s entry into the Presidential race will immediately shake up a Republican primary that has been dominated by former President Donald Trump. All that, and everything else you need to know in politics today.

Playbook co-author Ryan Lizza talks with National Political Correspondent Meridith McGraw.

With only days until the earliest possible default on June 1, we’re going to address the question lawmakers aren’t ready to face: What happens if Biden and McCarthy can’t make a deal? Playbook spent several hours yesterday afternoon and evening working the phones. Rachael Bade breaks down four possible scenarios, ranked most to least likely.

Playbook co-author Rachael Bade breaks down her reporting.

We are just days away from a potential federal default, and Washington this week is going to be consumed with the latest twists and turns on whether Congress will act to raise the debt limit in time to prevent a whole parade of horribles – from a tanking stock market to skyrocketing borrowing costs to mass unemployment. Over the weekend bipartisan negotiations went from on again to off again to on again, and today’s main event is a White House meeting between President Joe Biden and House Speaker Kevin McCarthy. Playbook editor Mike DeBonis and author Rachael Bade break it down, along with the rest of the news you need to know today.

Though House Speaker Kevin McCarthy suggested a couple days ago that he wanted to have a debt-limit deal by the start of the weekend, as of right now on Friday morning, that doesn’t seem likely to happen — we break down the pressure points. All that, and the rest of the news you need to know today.

Playbook deputy editor Zack Stanton talks with Playbook co-author Ryan Lizza.

When Sen. Dianne Feinstein walked into the Capitol last week, ending a monthslong medical absence, she was accompanied by Senate Majority Leader Chuck Schumer, a small entourage of aides — and a close personal confidant with a storied political pedigree: Nancy Corrine Prowda, the eldest child of former Speaker Nancy Pelosi. All that, and the rest of the news you need to know today.

Playbook co-author Rachael Bade breaks down her reporting.

Yesterday President Joe Biden agreed to a key process demand by Speaker Kevin McCarthy: shrinking the size of the negotiating table. Inside the negotiators Biden and McCarthy appointed. Plus, the action around Rep. George Santos. All that, and the rest of the news you need to know today.

Playbook co-author Rachael Bade breaks down her reporting.

President Joe Biden is expected to meet today with congressional leaders on the debt limit, and Republicans are feeling increasingly optimistic they can force Biden to make concessions on work requirements for safety net programs as part of the talks taking place this week. All that, and the rest of the news you need to know today.

Playbook co-author Eugene Daniels talks with food and agriculture policy reporter Meredith Lee Hill.

In this episode: GOP grows more optimistic about work requirement demands in debt talks