Read the Debt Ceiling Bill and Watch Obama on Compromise

The Senate is expected to take up the agreement reached between President Obama and Congressional leaders on Monday, follwed by the House. The compromise, which raises the debt ceiling and promises more than $2 trillion in spending cuts, was reached late on Sunday. Read the text of the bill under lawmakers' consideration and watch a statement by President Obama on the debt agreement.

Read the entire bill:

The New New New New Debt Deal


Watch Obama's address on the compromise: