Updated

U.S. President George W. Bush has signed off on a draft U.N. Security Council resolution aimed at ending fighting in the Mideast and is "happy with the progress being made," his spokesman said Saturday.

But Bush knows there could be a long road before violence stops, White House press secretary Tony Snow said.

"I don't think he has any delusions about what lies ahead," said Snow, accompanying Bush on his vacation to his private ranch.

U.S. Secretary of State Condoleezza Rice and National Security Adviser Stephen Hadley arrived at the ranch Saturday to consult with Bush as the full Security Council began discussions on the agreement reached by France and the United States.

The draft calls for Hezbollah to stop all attacks and for Israel to stop "offensive military operations." But it would allow Israel to defend itself if attacked.

The agreement broke weeks of deadlock at the U.N., where France and other nations called for an immediate stop to all hostilities.

Israel, backed by the U.S., has insisted it must have the right to respond if Hezbollah launches missiles against it.

"The president knew this was going on and he's happy with the progress being made," Snow said. "He's happy with it. He's signed off on it."

Snow said there would be a second resolution offered at the U.N. "There's still more to do," Snow said. "There's going to be more than one resolution."

Bush did not have any plans to speak to other foreign leaders Saturday, Snow said, including Israeli Prime Minister Ehud Olmert.

"I don't know if he needs to," Snow said. "I haven't heard Olmert complaining"