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Sen. Harry Reid: Compromise On Hand To End FAA Shutdown

"Senate Majority Leader Harry Reid says there is bipartisan compromise to end the partial shutdown of the Federal Aviation Administration that has left 74,000 transportation and construction workers idled," writes the AP.

The AP adds that Reid did not specify details in his statement, but other officials say the Senate could approve a House bill as soon as Friday.

This story is still developing. We'll update as we hear more.

Update at 3:50 p.m. ET: Reid's Statement:

Here is Reid's full statement:

I am pleased to announce that we have been able to broker a bipartisan compromise between the House and the Senate to put 74,000 transportation and construction workers back to work. This agreement does not resolve the important differences that still remain. But I believe we should keep Americans working while Congress settles its differences, and this agreement will do exactly that.

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