Everyone knows this is unsustainable and irresponsible. But to change course, we need to change how Washington operates. That is what House Republicans have fought for since Jan. 12, when I called on President Biden to negotiate a responsible debt-limit increase. For 97 days, Mr. Biden dragged his feet and instead promoted a far-left wish list that included more reckless spending, more taxes and more debt. Apparently he thought he could ignore the national debt crisis like he ignores the crisis at the southern border.

House Republicans never gave up. While the president ducked negotiations and Senate Democrats were missing in action, Republicans passed a bill that forced Mr. Biden to the table and changed the paradigm. With the introduction of the Fiscal Responsibility Act, we are changing the direction in Washington through a responsible debt-limit increase that cuts spending, saves taxpayers money and restores economic growth.

Perhaps the most historic and foundational change is cutting spending year over year for the first time in more than a decade. Taking aside veterans’ healthcare, which will be fully funded, we will return to 2022 spending levels for nondefense accounts and set top-line spending at 1% growth for the next six years.

In other words, we will spend less money next year than we did this year—stopping inflationary spending while fully funding national defense, meeting our obligations to veterans, and preserving and protecting Social Security and Medicare.