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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 nation's 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. let's 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, it was less with a bang and more with a whimper, stephanie ruhle. weeks and weeks of high stakes n...

>> katie: i'm katy pavlich along with tyrone, joey jones, kennedy. >> katie: and he's out of office. well, not yet. president biden using the kid stairs and stepping foot down in warm st. croix for the long holiday weekend. joe was hoping for a little rest and relaxation nearly 2,000 miles away from all the problems he is facing in washington which now includes an impeachment inquiry. his son hunter's two indictments and the doom spiral at the border. the big guy is already on island time, skipping a year end news conference. not surprising why he is avoiding the press. who would wan...

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 deadline on monday. that's good news. and frankly, i have to tell you, that we have seen a lot of these lat...

inning spending, consequential reforms that will rein in government overreach. there are no new taxes, no new government programs. ♪ jason: here is what we mow is in the deal: it suspends the debt ceiling until after 2024 election, no increase in non-defense spending for the next fiscal year, and it caps it at 1% the following fiscal year. it also increases defense spending and money for veterans. we're also learning it claws back some unspent covid-19 pandemic funds and cuts nearly $2 the billion in money used to hire new irs agents. it also reportedly expands work requirements fo...

new democracy party are ahead of the main rival, the leftist syriza party. it's unlikely either party will earn a majority. saudi arabia is set to make history — as the country sends its first ever female astronaut to the international space station. now on bbc news, talking business. hello, everybody. a very warm welcome to talking business weekly with me, aaron heslehurst. let's go and take a look at what's on the show. eyeing up africa — as the west competes with china, who will end up having the most influence on that fast—growing continent? as the g7 uses its summit injapa...