Washington, D.C.—Today, Congresswoman Lizzie Fletcher (TX-07) voted for the Fiscal Responsibility Act, H.R. 3746, a bipartisan bill that lifts the debt ceiling until January 2025 and sets budget caps for this Congress.

“Congress has the responsibility to ensure that the United States fulfills its obligations and pays its bills,” said Congresswoman Lizzie Fletcher.  “The Fiscal Responsibility Act makes it possible to do so and prevents a catastrophic default on our obligations, a default that would have devastating impacts not only here at home but around the globe, creating a financial crisis and damaging our long-term interests.

“This bill represents a compromise agreement that eliminates the prospect of default while protecting key investments—including improving our infrastructure and ensuring our country’s competitiveness—and takes important steps on permitting reform,” continued Congresswoman Fletcher.  “I am committed to ensuring Congress addresses our country’s debt and spending responsibly while protecting the American people.  For these reasons, I voted yes today.”

H.R. 3746 also protects against $130 billion in devastating cuts that Republicans proposed in the Limit, Save, Grow Act, H.R. 2811, which would have reduced job growth, meaningfully increased the risk of recession, and cut key government programs for veterans, law enforcement, health care, K-12 education, and more.  Congresswoman Fletcher voted against H.R. 2811 last month.