Senate Majority Leader Harry Reid has admitted that it was "really hard" to find political consensus on a deal to raise the debt ceiling.
Addressing the Senate before unveiling the terms of the deal, he said it was a "gross understatement" to say that the eyes of the world have been on the US Congress in recent days.
He added that the agreement would provide the stability that the economy desperately needs.
More top news
Here is the letter sent by the broadcasters to Prime Minister David Cameron's office in relation to the planned TV leaders debates.
Machete-wielding armed robbers tied up staff and customers of a north Manchester pub during a terrifying raid.
The South African Salvation Army has used a picture of a dress that sent the web into meltdown to raise awareness about domestic violence.