Debt Ceiling

  • Treasury can borrow through February 7
  • Treasury has ‘emergency flexibility’ to avoid default for a period of time after then

Shutdown

  • The deal funds the government through to January 15
  • Government employees to go back to work, will get back pay

Budget

  • House and Senate negotiators to try to reach a budget agreement by mid-December

Obama’s health care

  • No substantive change

Sequester

  • No substantive change; the next round of cuts come in mid-January

The vote is due around 6pm Washington time (2200GMT)

Update – vote now due at 7pm Washington time