Fox News has learned that President Obama has invited the entire House Democratic Caucus and House Republican Conference to the White House next week for separate meetings on spending, the budget and the debt limit.

Republicans will go to the White House Wednesday morning. Democrats will go Thursday afternoon.

A bipartisan group of House and Senate negotiators have been meeting at the Capitol and at Blair House across the street from the Capitol for weeks, working on finding a solution to a debt ceiling vote.

Vice President Biden spearheaded the talks.

On Thursday, the sides discussed a schedule for considering specific issues in the coming weeks.