Wow! A budget deal in Washington.
If passed by the House and Senate, it would set federal spending levels and eliminate arbitrary forced spending cuts scheduled to hit in mid-January.
But not everyone is hailing the bipartisan budget deal in Washington a victory. Lawmakers on both sides have some pretty big concerns.
A big issue for some Democrats - the deal doesn't extend emergency unemployment benefits for more than one million long-term jobless Americans.
"In terms of unemployment benefits, the president feels strongly that those unemployment benefits should be extended," Deputy Press Secretary Josh Earnest said.
Still the President says he'll sign the bill if it passes through both Houses of Congress.
"This agreement doesn't include everything I'd like - and I know many Republicans feel the same way. That's the nature of compromise. But it's a good sign that Democrats and Republicans in Congress were able to come together and break the cycle of short-sighted, crisis-driven decision-making to get this done," Obama said in a statement.
But will it get that far?
OutFront: Congressman Tim Huelskamp (R-KS).
— Cong. Tim Huelskamp (@CongHuelskamp) December 10, 2013