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GOP senator says deal in hand to avoid default

Updated: Wednesday, October 16 2013, 11:02 AM 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.

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Getty ImagesGOP senator says deal in hand to avoid default


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