White House open to a short-term debt limit fix, OMB director says | CNN Politics

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The White House expressed openness to a short-term fix to the debt ceiling as the US barrels toward a June default with the full faith and credit of the US government in the balance

“Congressional leaders are going to have to figure out a way to do this. Of course, I’m sure there’ll be conversations about the length. You saw the length in the congressional Republicans’ bill that would take us into this situation again this time next year,” Office of Management and Budget Director Shalanda Young told reporters Thursday at the White House. “I’m sure one of the things on the table we will have to work through is how long? I’m not going to take anything off the table.

Young’s comments come ahead of a high-stakes meeting with congressional leaders at the White House set for Tuesday. Republicans have repeatedly advocated for spending cuts tied to the debt ceiling while the White House has emphatically maintained it will not negotiate on the matter.

 

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