Reid Agrees to Debt Deal, Hopes to Hold Vote Soon

Roll Call reports:

Senate Majority Leader Harry Reid (D-Nev.) signed off Sunday evening on a deal to avert a government default pending the approval of his Conference, adding that he hoped a vote could be held as early as late Sunday night.

Reid spokesman Adam Jentleson announced the Majority Leader's support for a newly negotiated plan to raise the debt limit while enacting $3 trillion in deficit reduction after top Senate Democrats emerged from an hour and a half meeting with their House counterparts.

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