On Capitol Hill, lawmakers have reached a deal for a $1 trillion spending measure that will avert a government shutdown. The agreement comes amidst a continuing standoff over President Obama’s call to extend the payroll tax holiday for tens of millions of workers. On Thursday, Obama said Congress shouldn’t go into recess until the impasse is resolved.

President Obama: “Congress should not and cannot go on vacation before they have made sure that working families aren’t seeing their taxes go up by $1,000 and those who are out there looking for work don’t see their unemployment insurance expire.”