16 December, 2011

CNN Breaking News

Congressional negotiators have reached an agreement that could prevent a government shutdown, Democratic sources say.

A temporary resolution passed earlier this year to keep the government funded expires at midnight Friday. Lawmakers have approved seven stop-gap spending measures this calendar year.

Negotiators were signing off on a massive spending bill that funds the government through 2012, they told CNN Thursday night.

Both the House and Senate must vote on it.

The deal comes after heated talks between congressional leaders and the White House on Thursday. They were discussing ways to resolve their differences over measures to keep the government funded after Friday and to extend the payroll tax cut, which is set to expire at the end of the year.

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