Numerous GOP and Democratic sources on and off Capitol Hill tell National Journal that the outline of the deal is as follows: up to $39 billion in cuts from the 2010 budget, $514 billion for the defense budget covering the remainder of this fiscal year, a GOP agreement to abandon controversial policy riders dealing with Planned Parenthood and the EPA, and an agreement to pass a "bridge" continuing resolution tonight to keep the government operating while the deal is written in bill form.
The "bridge" could last for three days. Multiple Republicans I've spoken to, while not ruling out much, have said that they can't commit to anything unless they see a bill. In a presser earlier, freshman Rep. Diane Black, R-Tenn., said that taking a stance on a deal before seeing it would be like what Democrats did in 2010, voting on health care before they read the bills.
"We can't tell you what we're going to do until we see the next package," said Rep. Jean Schmidt, R-Ohio.
Those are only tentative concerns, less serious than they sound. No deal is going to be announced unless Republicans are convinced that their conference can be sold on it.