Budget

The federal budget is much more than just a government document; it is a statement of our nation’s priorities and values. I am tremendously proud that in my first term as the Second District of North Carolina’s Representative in the U.S. House, Congress and the President balanced the budget for the first time in a generation. Until just a few years ago, the budget remained balanced and the surpluses we produced were being used to pay down the national debt and strengthen the solvency of Social Security.

I have become increasingly concerned about the legacy of debt being passed on to future generations. The high level of indebtedness to foreign investors heightens the American economy’s exposure to potential instability or even from financial threat from unfriendly foreign governments, and places additional burdens on our children and grandchildren.