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Hank Paulson, the treasury secretary, and other top officials claim Mr Bush wants to discuss entitlement reform with no "preconditions".
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Senate Republican leaders and the House budget chairman, Paul Ryan, have indicated a willingness to discuss entitlements.
In discussing entitlement reform, Santorum said Romney's plan was "timid," while Gingrich's was "irresponsible".
"There is some willingness to discuss trading entitlement spending reductions for discretionary spending relief.
In an interview, former Senator Evan Bayh of Indiana, a centrist Democrat, said he was impressed when Mr. Ryan reached out to him to discuss tackling entitlements after Mr. Bayh made one of his frequent calls for fiscal responsibility.
Democrats said they would not discuss cuts to entitlement programs like Medicare unless Republicans made a firm commitment to accept additional revenues.
However, as we shall discuss below these entitlements are circumscribed not unlimited but the boundaries of these limits require greater precision.
The organisation said that those attending the summit at the Grove hotel would discuss topics including "jobs, entitlement and debt", "how big data is changing almost everything" and "can the US and Europe grow faster and create jobs?" The list of 12 topics provided in a short press release also included, simply, "current affairs".
Many Democrats, meanwhile, balked at the very idea of discussing changes to entitlement programs.
(Republicans have said they will not discuss taxes. Many Democrats believe entitlement reform should be put off).
In a separate memorandum, Mr. Levin said Democrats on the Ways and Means Committee would soon have a private meeting to discuss "the case we will make against cuts to entitlement programs".
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