As McCarthy laments ‘no progress,’ here’s where U.S. debt ceiling talks stand

House Speaker Kevin McCarthy said Tuesday that there has been “no progress” in debt ceiling negotiations between House Republicans and the White House, as the U.S. inches closer to risking a first-ever default.

“We’ve made no progress,” the California Republican told CNBC’s “Squawk Box.” “I’m always an optimist. I’m not now.”