For now, the United States continues to support Egypt financially.
The White House has refused to describe as a coup the military's ouster of Morsy, who was reportedly being held under arrest at the Republican Guard headquarters. Doing so would require the United States to suspend its $1.3 billion in annual military aid to Egypt.
It is in the interest of the United States and the Egyptian people "in their transition to democracy to take the time necessary to evaluate the situation before making such a determination," White House spokesman Jay Carney said Tuesday.
But he added that U.S. officials were "cautiously encouraged" that the interim government's plan "includes a return to democratically elected government that includes presidential and parliamentary elections."
In response to a question, State Department spokeswoman Jennifer Psaki told reporters that, "broadly speaking," the administration still believes that continuing military aid is a U.S. national security priority.
But Sen. John McCain, R-Arizona, has called for a suspension of military aid to Egypt.