The Senate voted Tuesday to approve a bipartisan deal raising the debt ceiling, effectively putting an end for now to the partisan crisis that risked the first-ever national default.

The package passed on a 74-26 vote. President Obama vowed to swiftly sign it, just hours before the Treasury is otherwise expected to exhaust ways to pay all the nation's bills.

The president, who spoke in the Rose Garden after the vote, urged Washington return its focus to the economy, saying the debate over the debt ceiling has proved "unsettling" for businesses and suggesting it has overshadowed the "quiet crisis" over jobs...