The president has returned from Florida and is back in form, warning against the imposition of the drastic spending cuts called for by what is known as the "sequester."
Senate Budget Committee chairman Kent Conrad (D-N.D.) indicated late Monday he was prepared to hold a markup on a budget proposal Wednesday afternoon. But at a press conference in the Capitol on Tuesday, Conrad said tomorrow would only be “the beginning of a markup” and that a vote on the budget likely won't happen until after the November election.
The House Rules Committee has posted the entire text of the deal to raise the debt ceiling and cut spending. (PDF is accessible here.) Full text, here: