Washington, DC (Indiana's NewsCenter) - A federal government shutdown has been avoided. Just after 11 p.m., less than an hour before the midnight deadline, top lawmakers came to an agreement on the 2011 Federal Budget.
President Barack Obama said he was pleased to announce that the entire federal government would remain open tomorrow.
The agreement calls for $38.5 billion in spending cuts. That's $1.5 billion more than Democrats agreed to Thursday night during negotiations, and $1.5 billion less than Republicans were seeking.
To win additional spending cuts, Republicans conceded on adding legislation that would eliminate funding for Planned Parenthood, sources say.
The Senate passed a temporary resolution to keep the government funded beyond midnight, until the full agreement can be drawn up and passed by Congress. That short-term bill includes the first $2 billion in cuts, officials said.
House Speaker, John Boehner, R-Ohio said he expects the final vote on the budget to occur by mid next week.
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