Washington CNN — Congressional leaders on Tuesday formally announced a deal to keep the rest of the government funded through the fiscal year, with the text of the legislation to be released “as soon as possible,” Speaker Mike Johnson said.

“House and Senate committees have begun drafting bill text to be prepared for release and consideration by the full House and Senate as soon as possible,” Johnson announced.

Congress has until 11:59 p.m. ET Friday to pass the deal.

Democratic Leader Hakeem Jeffries added: “In the next few days, upon completion of the drafting process, Congress will review and consider the appropriations package in order to fund the government and meet the needs of hardworking American taxpayers.”

A GOP leadership aide told CNN on Monday night that congressional negotiators had reached an agreement on funding for the Department of Homeland Security. At a time when security at the southern border has become a central issue in the 2024 campaign, funding for the agency had become a major obstacle.

This story is breaking and will be updated.