senate leaders (Harry Reid & Mitch McConnell)

Harry Reid & Mitch McConnell

*According to a report in the Wall Street Journal, Senate leaders said they are close to striking a deal to sidestep a looming debt crisis and reopen the government two weeks after a partisan deadlock forced it to close.

Senators signaled a bipartisan resolution could come as soon as Monday afternoon, when top congressional leaders are scheduled to meet with President Obama.

“I’m very optimistic we will reach an agreement that’s reasonable in nature this week to reopen the government, pay the nation’s bills and begin long-term negotiations to put our country on sound fiscal footing,” Senate Majority Leader Harry Reid said on the Senate floor. Minority Leader Mitch McConnell seconded Mr. Reid’s optimism, saying he expected to “get a result that will be acceptable to both sides.”

Get MORE of this story at WSJ.com.