Senate Reaches Bipartisan Deal

Published 10/16 2013 11:41AM

Updated 10/16 2013 01:37PM

Senate leaders say they've reached a bipartisan agreement to end the government shutdown and avert default on the national debt.

"The compromise we reached will provide our economy with the stability it desperately needs," Senate Majority Leader Harry Reid, D-Nev., said shortly after noon on the Senate floor. 

Congress will now attempt to quickly advance the legislation through both the House and Senate throughout the day in hopes of avoiding default on the national debt.

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