(CNN) - Two sources on Capitol Hill say President Barack Obama told Senate Republican Leader Mitch McConnell he would send Congress a scaled back fiscal cliff measure on Thursday.
Two senior White House officials, however, later said the president will not send Congress a proposal.
The Capitol Hill sources say such a bill would include elements of Obama's tax plan, which would prevent some of the tax hikes scheduled to take place in the new year, according to the sources.
Democratic sources are not ruling out the White House clarifying what Obama's proposal is, something McConnell has insisted would be a next step.
McConnell has said he cannot say whether he would require a simple majority or 60 votes for passage in the Senate until he sees Obama's proposal.
It is expected that the measure would extend the Bush-era tax breaks for income under $250,000, extend the current estate tax rate, and extend unemployment insurance. The estate tax extension is on Republicans' wish list for a deal.