Senate Majority Leader Harry Reid (D-Nev.) announced shortly after 10 p.m….[tonight] that he would postpone a vote on his bill to raise the debt limit to give negotiators at the White House more time to work.
He said the Senate would vote on his plan at 1:00 p.m. Sunday, instead of 1:00 a.m., as was originally scheduled.
Reid said leaders are at the White House this evening working on a deal but many details remain unresolved.
Update: Here is an interesting tweet–@JohnJHarwood: on table in debt talks: extension thru ’12; $1.2-Tr 2nd round spending cuts w/no revenue, triggered 1/13 when Bush tax….
Another Update: ABC News’ Jonathan Karl now has more there.