anastasia amoros joining us from private -- jpmorgan. want to thank robbert van ellis.urg and lincoln almond u the u.s. house has passed a budget and we will tell you what it means next. >> the u.s. senate has passed the most recent budget bill which will ease about $63 billion worth of automatic spending cuts. ofis on its way to the desk president obama. i'm joined by phil mattingly, our white house correspondent, , thelso maya macguineas president of the nonpartisan committee for a responsible federal budget. cochaired by michael bloomberg. he is the founder and majority majority holder of bloomberg lp. what happens next? >> the significance is the fact that nine republicans voted with senate democrats to clear this. this was a bipartisan budget deal, about 63 billion dollars in relief for the sequester cuts. 62 billion in release. come to able to bipartisan consensus. house republicans pass with a large majority last week. this matters. anyway you look at it, anytime you can get bipartisanship in in a very partisan town right now, thi