Biden Budget Chief Sees ‘Marathon’ Path to Debt Limit Deal

  • Young says Biden, majority of lawmakers can reach debt deal
  • March 9 budget will continue deficit reduction path, she says
Shalanda YoungPhotographer: Ting Shen/Bloomberg
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President Joe Biden’s budget director said she thinks Republicans and Democrats will eventually reach a budget deal and avert a breach of the debt ceiling.

Shalanda Young, director of the Office of Management and Budget, told MSNBC that the Wednesday meeting between Biden and House Speaker Kevin McCarthy was a first step that she thinks will end in a deal.