President Biden and House Speaker Kevin McCarthy met at the White House to discuss how to avoid a default on the nation’s debt. McCarthy told reporters there’s no deal but it was a “productive discussion.” CNN Capitol Hill Reporter Melanie Zanona joins AC360 from Capitol Hill to discuss what the major sticking points are between the Democrats and Republicans.

Plus, South Carolina Sen. Tim Scott officially announced he’s entering the Republican presidential primary. CNN Chief Political Correspondent Dana Bash tells Anderson Cooper what she thinks Scott’s lane will be as he goes toe-to-toe with former President Trump, currently the Republican frontrunner.