What's in US debt ceiling deal and who won?

President Joe Biden has urged Congress to pass a deal to raise the government's borrowing limit and prevent a potentially catastrophic default on US debt repayments. So what is in the deal and which party is happier with it?

Negotiators from Democratic and Republican parties finalised an agreement on Sunday.

If approved, it would allow the federal government to borrow money until well after the next presidential election due in November 2024.

Voting on the bill, the text of which was posted to a congressional website, is set to start on...