The bipartisan deal struck late Friday falls short of the House Republican campaign pledge to cut $100 billion in fiscal 2011 spending.
The pact cuts $78.5 billion when compared to President Obama's fiscal 2011 budget request, which was never enacted.
Comparatively, the accord cuts $39 billion in actual spending, which is $22 billion less than bill the House passed in February.
In a brief interview, Speaker John BoehnerJohn BoehnerDem drops out of race for Boehner's old seat Conservative allies on opposite sides in GOP primary fight Clinton maps out first 100 days MORE (R-Ohio) told The Hill the agreement was "as good a deal as we could get."
Rep. Jim Jordan (R-Ohio), chairman of the Republican Study Committee, said he expects "significant" opposition from conservatives, both to the short-term fix and the long-term spending bill. He said he will vote against both.