Bipartisan budget easing $63 billion in automatic spending cuts passes Senate. President Obama has said he'll sign it.

Biggest sticking point said to be how to deal with more than $600 billion in automatic spending cuts.

Biggest sticking point said to be how to deal with more than $600 billion in automatic spending cuts.

A few dozen Republicans join a bipartisan call to break the impasse over taxing high earners.

A few dozen Republicans join a bipartisan call to break the impasse over taxing high earners.

If GOP signs on to tax increases, Democrats would have to accept deeper spending cuts.

If GOP signs on to tax increases, Democrats would have to accept deeper spending cuts.

Obama to meet with congressional leaders today.