Democratic and Republican Congressional sources involved in the negotiations tell ABC News that a tentative agreement has been reached on the framework of a deal that would give the President a debt ceiling increase of up to $2.4 trillion and guarantee an equal amount of deficit reduction over the next 10 years.There is NO DEAL. At least not yet. Nobody has voted on this.The details are still being worked out, and a senior White House aide tells ABC News, "talks continue but there is no deal to report."
Congressional leaders plan to brief their members on the framework tomorrow. The reaction from both parties' rank-and-file will determine whether this tentative deal becomes a final deal.
Reid hads to postpone the debate. Lautenberg couldn’t stay awake any longer..