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GOP senator says deal in hand to avoid default

Updated: Wednesday, October 16 2013, 12:02 PM EDT
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.


Getty ImagesGOP senator says deal in hand to avoid default

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