On day 16 of the federal government shutdown, Senate leaders are announcing a bi-partisan deal to fund the government through mid-February and raise the debt ceiling limit. At this hour, Politico is reporting that votes in both chambers have yet to be scheduled. Thursday is the deadline to raise the nation’s borrowing limit before a potentially calamitous default.
According to Roll Call, the Senate agreement is essentially the same as the one hammered out earlier this week. However, the new deal leaves out sequester flexibility for departments and agencies.