From NBC's Mike Viqueira
Congressional Democratic leaders are set to announce a deal on the once-vetoed Iraq supplemental. The outlines of the deal, similar to a measure put forward last week by GOP Sen. John Warner, would establish 18 benchmarks on political security and economic progress -- with reports due from the Administation to Congress on July 15th and September 15th.
The benchmarks would be tied to Iraqi reconstruction funds, but the President will have the ability to waive the benchmarks. And as the Los Angeles Times mentioned earlier today, the deal won't contain timelines for withdrawal.