Senate leader announces bipartisan budget deal

Senate leaders are optimistic about forging an eleventh-hour bipartisan deal preventing a possible federal default and ending the partial government shutdown after Republican divisions forced

WASHINGTON - (AP) - Democratic leader Harry Reid says Senate leaders have reached a bipartisan deal to avoid default and end the government shutdown, now in its 16th day.

Reid made the announcement at the start of the Senate session on Wednesday.

The deal would reopen the government through Jan. 15 and increase the nation's borrowing authority through Feb. 7.

Reid thanked Republican leader Mitch McConnell for working out an agreement.

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