President Obama delivers a statement on the bipartisan debt bill that recently passed in both the House and Senate. The legislation pairs an increase in the government's borrowing cap with promises of more than $2 trillion in budget cuts over the upcoming decade.
NBC's Chief White House Correspondent Chuck Todd has analysis on the politics behind the debt deal.
NBC's Frank Thorp captures House Speaker John Boehner leaving the Capitol last night. After a long day, Boehner lets out a sigh of relief.