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Congressman George Holding

Representing the 13th District of North Carolina

Government Spending

By any measure, Washington has a spending problem. While families across North Carolina have had to tighten their belts, the federal government continues to spend historic amounts of money without a plan to address the long term debt. Our government cannot continue borrowing nearly 40 cents out of every dollar spent – spending of this magnitude is more than reckless. It’s morally wrong to leave our children a legacy of debt that imperils their ability to achieve the American Dream. Congress must act now to restore sanity to federal spending.  We must go line-by-line through the federal budget to eliminate waste, fraud and abuse, end duplicative programs, and reform our entitlement programs to place them on sound financial footing.  Furthermore, we need a balanced budget amendment to preserve the nation’s financial security for future generations.