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Instant Constitution

We’re less than an hour from the (second) deadline on the draft of the Iraqi constitution. And if an agreement has been reached, TV news is still unaware of it.
I know last-minute deals are quite common in some processes (e.g., labor contracts, legislation). But a national constitution? What kind of quick fixes can you make in an agreement of that magnitude?
Moreover, the way TV news has covered this the past few weeks leads me to conclude that either: (1) most reporters really don’t have a keen grasp on what’s going on in that country, or (2) they aren’t giving us the straight scoop on what they do know.
UPDATE: Another Iraqi punt. And up until the annoucement, CNN didn’t appear to know what was happening. Weird.