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Capitol Hill Happenings: Today in Congress

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Senate Democrats head to the White House Wednesday afternoon to discus possible debt limit deals and strategy. Senate Republicans will make a similar trip to meet with President Obama later in the week. Congress has until August 2 to increase the maximum on its credit card before defaulting on the nation's debts.

The House Armed Services Committee begins to consider the defense budget for fiscal year 2012 in the morning. There should be dozens of amendments to the legislation, and some will deal with slowing down or cancelling the implementation of a repeal of the military's "Don't Ask, Don't Tell" sexual orientation policy. The ban on openly gay service in the armed forces was overturned in the final days of the last congress and is a target for social conservatives in the House.

Fresh on the heels of the president's trip to Texas Tuesday to discuss immigration, Democrats in the House and Senate plan to reintroduce the DREAM Act at a 10:15 a.m. ET news conference. The bill would provide a path to citizenship for teens who were brought to the country illegally as young children, if they complete two years of college or military service. Critics have called the measure a back door amnesty program.

Sen. Joseph Lieberman, I-Ct., has a busy day in front of the cameras Wednesday. At 12:30 p.m. ET, Lieberman discusses the importance of maintaining the terrorist detention facility at Guantanamo Bay, Cuba open with Sen. Lindsey Graham, R-S.C. Immediately afterwards, Lieberman and Sen. Marco Rubio, R-Fla., will call on the president to more actively oppose the violent crackdown against pro-democracy protesters in Syria. The regime, led by dictator Bashar al-Assad, has killed hundreds of its own citizens in an attempt to quell dissent that began in March.

House Freshmen get the scissors. Majority Leader Eric Cantor, R-Va., plans to hand control of the "YouCut" online budget cutting website over to a coterie of first term members at an afternoon event. The online initiative allows visitors to select government programs they want to see cut. The House then puts those programs on the chopping block with a floor vote.

We'll be following all these stories and more, so stay with Fox News for all the latest.