WASHINGTON, D.C.—Rep. Greg Stanton said today he plans to vote in favor of the bipartisan agreement to avoid default and raise the debt ceiling on the House floor.

“America is the world’s leading economy and we must always pay our bills,” Stanton said. “A default would be devastating—costing millions of Americans their jobs, draining retirement accounts, driving up costs and undermining our national security. Some in Congress are willing to play political games with the economic security of our nation. That’s shameful.”

“I will support this agreement not because it is perfect, but because it is a bipartisan compromise that will avert economic catastrophe. We cannot allow the full faith and credit of the United States to be used as a political football at the expense of the people we serve.”