Senate Leaders Announce Deal to End Shutdown, Debt Standoff

Glyn Lowe Photoworks via flickr.com / http://www.flickr.com/photos/glynlowe/7662531448/

  Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell announced that they have negotiated an agreement that, if passed by both houses of Congress and signed by the President, would re-open the government until January 15 and postpone hitting the debt ceiling until February 7.

Sen. Ted Cruz (R-Texas) announced that he will not try to block the deal.

NPR's “The Two-Way” is live-blogging developments in Washington and updating their reporting as developments merit.  They are also tweeting developments at @nprnews.

WABE will have much more NPR coverage this afternoon on “All Things Considered” at 4:00 p.m.