Senators likely to announce agreement on gun reforms Sunday

Washington – A bipartisan group of senators is likely to announce an agreement on reforms to the nation's gun laws as early as this afternoon, multiple sources familiar with the talks confirmed to CBS News, a deal that is the culmination of weeks of negotiations sparked by the mass shootings in Buffalo, New York, and Uvalde, Texas.

One person familiar with the negotiations told CBS News that a "framework of principles and programs" is set to be unveiled later Sunday. The agreement, this person said, includes providing federal incentives to states to pass "red flag" laws; improving the background check system; more funding for mental health programs; increased funding for school safety programs; and plans to address gun trafficking and straw purchases.

"It looks to me like we are on the verge of something a little bit later. We just need a couple more sign-ons, but we're close," the source said. CNN was first to report the expected announcement.