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ceiling bill. the vote was 63 to 36. it comes some 24 hours after the house passed the same bill. it raises the nations debt limit -- while also imposing new caps on spending. and now goes to the presidents desk for his signature, with four days to go before the monday default deadline. lets get straight to nbc news capitol hill correspondent ali vitale, who has been standing by for hours and hours. all, right ali vitale. it happened. how did this whole thing go down tonight? >> yeah, ...

down tonight? >> yeah, it was less with a bang and more with a whimper, stephanie ruhle. weeks and weeks of high stakes negotiations here in washington covering each and every turn of them, as speaker mccarthy and his top allies huddled with top white house officials over the course of several weeks to hammer out this deal. and now the senate finishing it up in the dead of night, sending it now to the presidents desk, and avoiding default, with the days to go until that ex date deadlin...

Matthew was just one when his parents discovered he had a sight impairment. His cataracts had him turned away from pre-school at age 4.

Withdrawal is tax protected. and we know that only 1 in 12 dollars go into roth iras. >> right. >> meaning, the kind of proposal the republicans are offering us now, we know that people dont like it and, yet, thats the system the republicans seem to want to move to. >> whats the gain, seth? why propose this? this is a very bad thing. if americans already dont save enough, we are thankfully living longer with less money. why would the government want to go in this direction? when you have elderly...

Americans to begin to build a nest egg. >> a generation of baby boomers facing retirement with savings depleted from the recession. and a culture of instant gratification has led to a nation unprepared for its financial future. >> theres no question that americans with lower incomes and even millions of middle income americans dont save enough. >> and like obamacare, a large number of young people would need to join in to make this work. the my r.a. plan would enable workers to save with a depos...

Where you would say, if i just will make it to 62, ill be able to kick back and clearly thats not happening. first of all, tell us why. is it that we yearn to have the income, we need the income or were just living longer, therefore, we should work longer? >> the primary reason is just basic finances. recent boomers went through the perfect storm of financial events. there was the housing crash. we have a really volatile stock market. and a lot of them carry too much debt and they simply didnt s...

Planned to restore the match. but employers at the same time, you know, theyre a little concerned about how well were doing for planning for retirement. thats one of the reasons why theyre trying to help out. are your workers able to save for retirement? employers now say 54% of them say their workers are able to save for retirement. thats a little less confident than they were last year. so they are trying to make it a little bit easier for you to save more. so if the match is available again, ...

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