UPDATE III: Apparently, it is not the Senate that the President will have to convince to pass this deal but the House. According to the Hill House Tax Cut Revolt Speaker Nancy Pelosi (D-Calif.), Majority Leader Steny Hoyer (D-Md.) and Rep. Chris Van Hollen (Md.) met with Biden at the vice president’s residence on Saturday. The message they are delivering in the meetings on Saturday and this afternoon is that House Democrats "are not going to just rubber stamp" a deal that the White House cuts with congressional Republicans, a Democrat familiar with the negotiations told The Hill.
UPDATE II: Ohio Republican Sen. George Voinovich is planning to oppose legislation that extends any of the Bush-era tax cuts, becoming the first senator to state his opposition to any extension even as the White House and congressional leaders are expected to reach a deal on the issue this week.
But CNN Just Announced the "The Deal" Breaking News. Here we go!!!
UPDATE I: CBS NEWS now has a link.
This is a short diary as I am still gathering the information. However, CNN is reporting that some Democrats may be staging a possible revolt. I haven't seen it framed that way anyplace else on the net however here is a link site Revolt with a little more information that had this information:
Democratic insiders reveal that lame-duck Democrats in the House of Representatives are beginning to stage a deal-breaking revolt, which could ruin the deal for both parties.
In an attempt to calm the waters, Saturday night, Vice-President Joe Biden and White House Interim Chief of Staff Pete Rouse invited House Democratic Leaders to the VP's mansion for a two-hour long meeting.
Attendees at the meeting allegedly discussed what should and should not be included in a Senate package in order for it to pass in the House. In addition, the members, whose support they would need in order to get the bill passed.
There is an emergency meeting with the WH and Congressional Democrats that should be taking place in the next 10-15 minutes. I'll keep looking.