President Joe Biden will meet with Republican leaders next week to try to reach a deal on raising the debt ceiling. Meanwhile, the United States Treasury says the nation could default as soon as June 1st if lawmakers don’t act.

On Tuesday, Senate Republicans continued to pressure the President to negotiate government spending cuts, before they’d agree to raise the debt ceiling. They want the bill that passed the House last week to be the starting point for negotiations at the White House. As for talk of an extension, Senator Rick Scott of Florida and other Republicans said they don’t support it.