WASHINGTON, D.C.: House Speaker Kevin McCarthy said on Monday there's been 'no progress' on debt ceiling talks ahead of a meeting with President Joe Biden on Tuesday at the White House, as the country pushes closer to a crisis over the need to raise its legal borrowing limit.

Compounding pressure on Washington to strike a deal, the Treasury Department on Monday left unchanged a deadline as soon as June 1 when the nation will have exhausted its ability to cover its debt payments, though Secretary Janet Yellen also suggested the so-called X-date could move days or weeks later than the estimate.