This week, as Congress worked to pass legislation that avoided a default on our debt, Senator Romney expressed his support for the bipartisan compromise negotiated by Speaker McCarthy and the White House—highlighting how the bill avoids what could have been an economic disaster while putting government spending on a more sustainable path. He also introduced legislation to expose China’s military investments, voted to overturn Biden’s unfair student loan schemes, and met with several Utah veterans visiting their war memorials in Washington, D.C. Scroll for more news.

Last night, Senator Romney joined a majority of Senators and Utah’s entire House delegation in passing the Fiscal Responsibility Act, a bipartisan compromise negotiated by House Speaker Kevin McCarthy and the White House to curb government spending and raise the nation’s borrowing limit. Upon the President’s signature, this legislation will avert the federal government from defaulting on its debt, which would have had catastrophic economic consequences here in the U.S. and on a global scale. A default also would have meant the federal government wouldn’t have been able to pay its bills—Social Security checks would have stopped being sent, as would Medicare and Medicaid payments and paychecks for our servicemembers.

Following the announcement of the final deal, Senator Romney released the below statement:

“This deal is good for the country in that it prevents a default and subsequent financial meltdown, while also limiting spending. In addition, House leadership successfully fought for conservative priorities like work requirements for TANF and SNAP, and reduced permitting review timelines. While I would have preferred to see an agreement that also addressed entitlements, this represents a good-faith bipartisan compromise, and I’m hopeful the House and Senate will pass it into law in the coming days.”