"I heard from key negotiators in both the House and the Senate side who said, 'Don't be surprised if we don't finish this until Christmas,'" ABC News' George Stephanopoulos said Wednesday night.
The House is scheduled to begin its recess tomorrow, the Senate a week later.
Today Republican leader Rep. John Boehner, R-Ohio, predicted lawmakers will take heat on health care once they get home.
"I've got people who stop me non-stop to voice their concerns and their outrage," he said. "I've spent time traveling around the country and I'm going to tell you, there's a lot of outrage out there and members are going to hear about it."
Of the latest deal, Boehner said, "It's the same government run plan that the Democrats have been trying to ram down the American people's throats all year."
"Senators, if they want to take this bill home with them during the August recess, they would have more than enough time to read it," Obama said Wednesday.
Regardless, decision makers will need new momentum to accomplish their goals in September.
"Whatever they do over August is still going to require almost a complete reset in September," ABC News' George Stephanopoulos said Friday on "Top Line."
Wednesday's sudden burst of activity in the House hinged on deals Democrats made with each other after days of deadlock.
Facing concerns from moderate Blue Dog Democrats about the cost of the measure, a House deal came due to several agreements:
Negotiators agreed to lower the cost of bill by $100 billion over 10 years, bringing the House bill below the $1 trillion mark.
They agreed to increase the number of small businesses who are exempt from the requirement to provide health insurance to employees.
They also softened the contentious public option, creating a government health insurance program that competes on equal terms with private insurance.
If a measure is passed by the House Energy and Commerce panel, Pelosi would next need to merge the three House bills together.
Wednesday, Rep. Mike Ross, D-Ark., leader of the the Blue Dog group that has been blocking progress on the bill, said the agreement addresses the group's concerns.
But while a deal has been struck with four of the seven moderate Democrats on the House Energy and Commerce Committee who originally objected to the bill, the rest of the Blue Dogs are withholding judgment.
"Many Blue Dogs remain concerned with various aspects of the bill draft," Blue Dog co-chair Rep. Stephanie Herseth Sandlin, D-S.D., said in a statement released late Wednesday. "The 52-member Blue Dog Coalition has not taken a group position on the draft health care legislation that is working through the committee process. Today's announcement signifies that the committee process is moving forward. The committee will work its will, but the broader coalition has not ratified any agreements related to the draft legislation."
Today on ABCNews.com's "Top Line," House Majority Whip James Clyburn predicted the House Energy and Commerce Committee would pass a bill this week, but he added, "We have absolutely no idea" if the concessions negotiated into that bill by the Blue Dogs would survive in a final product.
The other two House panels with purview over aspects of health care reform effort have completed their work. The Ways and Means Committee finished its markup a couple of weeks ago, followed by the House Education and Labor Committee.