House Speaker John Boehner (R-Ohio) said Wednesday morning that lawmakers have “an agreement in principle” to extend the payroll tax cuts, unemployment benefits and the Medicare “doc fix”, but cautioned that “there are a lot of details that have yet to be worked out.”

GOP leaders briefed their members Tuesday evening on the contours of the deal with Democrats, and the conference met again Wednesday morning. Boehner said he hoped the agreement would be finalized Wednesday, with a House vote by the end of the week.