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ABC's Stephanopoulos to sit down with Obama

​President Barack Obama will go one on one with George Stephanopoulos, anchor of "Good Morning America" and "This Week," in an exclusive interview.

The interview comes as the President is initiating conversations with Republican lawmakers to help avert another budget showdown later this month. Last week the President hosted a dinner with 12 Republican lawmakers, a lunch with House Budget Chairman Paul Ryan and Rep. Chris Van Hollen, the committee's ranking Democrat. This week he is expected to continue courting lawmakers by traveling to Capitol Hill to meet with both Republican and Democratic lawmakers. 

An excerpt of Stephanopoulos' exclusive interview will air Tuesday on "World News with Diane Sawyer" at 6:30 p.m., ET. The full interview will air WEDNESDAY, MARCH 13 on "Good Morning America" at 7:00 a.m., ET and later that night on "Nightline" at 12:35 a.m., ET. Portions of the interview will also be available on ABCNews.com, Yahoo!, ABC News Radio, and ABC's local affiliates.