Early Wednesday morning around 1:30 a.m., House Speaker Paul Ryan told House Republicans a deal has been reached on a year-end tax and spending bill.
The $1.1 trillion spending bill funds all government agencies through the 2016 budget year. The current funding is set to expire at midnight tonight.
Lawmakers are expected to pass a short-term spending deal through Dec. 22 to prevent a lapse in funding.
The tax deal extends dozens of breaks worth hundreds of billions. Congressman John Kline of Minnesota says Ryan shared details inside a closed-door house GOP meeting and says he plans to be supportive.
The breakthrough came days before lawmakers leave Washington later this week for the holidays.
*The Associate Press contributed to this report.