U.S. Senate fiscal deal could come late Tuesday: Senate aide

WASHINGTON (Reuters) - Democratic and Republican leaders in the U.S. Senate could announce a deal late on Tuesday to extend the government's borrowing authority until February 7 and quickly re-open federal agencies that have been closed since October 1, a Senate aide said.

The aide described a deal in line with provisions that were being negotiated in the Senate before a failed House of Representatives proposal suspended those talks. The provisions include a temporary government spending bill running through January 15.

The aide said discussions were also underway in which the Republican-controlled House, if it cooperated, could help speed up passage of any deal before a Thursday deadline when the Treasury Department says it will bump up against its borrowing limit.

(Reporting by Richard Cowan; Editing by David Brunnstrom)

Source: http://news.yahoo.com/u-senate-fiscal-deal-could-come-tuesday-senate-000926209--business.html
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