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McCarthy, too, seemed more optimistic Thursday than at any other point in the process as he said they were in a \"much better\" place than a week ago.

But on Friday, he said there had to be \"movement over at the White House.\" He said he hadn't spoken to Biden, who is overseas meeting with G-7 leaders.

Timing remains critical as lawmakers stare down a fast-approaching deadline to lift or suspend the debt ceiling or risk a default. McCarthy said Thursday he believed a deal would need to made in principle by this weekend in order for a bill to clear the House and Senate before June 1.

ABC News' Ben Gittleson and Elizabeth Schulze contributed to this report.

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