It seems it now depends on whether is has the support by the congressional house republicans to pass. Even if this deal does pass it only delays spending cuts for 2 month until the debt ceiling needs to be raised. Last time that had to be raised the Republicans nearly made the government shut down and caused the American credit rating to be cut.
Yes but that was a whole lot closer to an election and their aim was to get rid of Obama. (reminds me of another get power at any cost politician)
Doesn't apply this time so they will cut a deal.