Republican Representative Tom Cole (R-OK) said Tuesday that the fiscal cliff deal passed in the Senate is “essentially a bipartisan agreement” and House GOP “ought to take” it. He noted that, from a Republican standpoint, the deal is a “compromise,” but the delay in sequestration cuts will allow them reassess the situation in two months. “We’ll live to fight another day,” he said.

Some Republican reps may try to amend the Senate bill, he said, but it is now “very late in the process for anything to be added.”