GOP senator says deal in hand to avoid default

AP

GOP senator says deal in hand to avoid default

CREATED Oct. 16, 2013

WASHINGTON (AP) - A Republican senator says she understands Senate leaders have reached an agreement to avoid a Treasury default and reopen the government after a 16-day partial shutdown.
   
Sen. Kelly Ayotte of New Hampshire made her comments Wednesday as she walked into a meeting of Senate Republicans in leader Mitch McConnell's office.
   
Ayotte said the leaders would make a formal announcement.
   
The government would reopen through Jan. 15 and Treasury would be allowed to increase the nation's borrowing authority through Feb. 7.

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