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The following is an archived video story. The text content of that video story is available below for reference. The original video has been deleted and is no longer available.

GOP Senator: deal in hand to avoid default

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.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

 
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