NEW YORK (CBSNewYork) – Sen. Charles Schumer said Friday that the so-called “Gang of Eight” Senators working on immigration reform have reached a deal and their bill could be presented very soon.

Schumer said the deal means border security will be tightened and future waves of illegal immigration will be prevented.

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“In terms of the 11 million who are here, they can work, pay taxes immediately. But it’s a long path to citizenship where they have to work, pay taxes, learn English, stay clear of the law and admit wrongdoing and pay a fine,” Schumer told WCBS 880 reporter Rich Lamb.

Of the ‘gang,’ – the four Democrats and four Republicans – who negotiated the deal, he said each of the eight would have written a different bill, so they compromised.

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He said when the actual bill is drafted, each has to sign off on it.

Schumer told Lamb he’s upbeat about the bill’s chance of passage.

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Among the eight are Republicans John McCain of Arizona and Marco Rubio of Florida.