President Obama and Vice President Biden will meet with House and Senate leaders on Wednesday to discuss finding "common ground."

The meeting is to discuss "to discuss ongoing efforts to find common ground on legislative priorities that will create jobs and strengthen America’s economy," according to the White House.

House Speaker John BoehnerJohn BoehnerTrump aide: Boehner is the disaster Boehner: Tax reform is 'just a bunch of happy talk' Lobbying World MORE (R-Ohio), House Minority Leader Nancy Pelosi (D-Calif.), Senate Majority Leader Harry ReidHarry ReidGOP frustrated by slow pace of Trump staffing This week: Congress awaits Comey testimony Will Republicans grow a spine and restore democracy? MORE (D-Nev.) and Senate Minority Leader Mitch McConnellMitch McConnellGOP leader tempers ObamaCare expectations Week ahead: Senate faces difficult path to consensus on healthcare Trump got harsher GOP reception than Bush on budget MORE (R-Ky.) will be at the lunch, according to congressional sources.

The meeting comes a day after the House voted in favor of repealing Department of Education regulations which, according to House Republicans, would lower higher education costs for students. Democrats criticized the legislation, arguing that repealing the regulations would not lower college tuition. 

The Democrat-controlled Senate is likely to kill the House's legislation.