Today Congressman George Holding (NC-13) issued the following statement regarding reining in government spending:
"Our nation's debt is rising by the second and placing a huge burden on future generations. Washington's fiscal irresponsibility can no longer be tolerated.
Currently, Washington is addicted to spending money it doesn't have. We must begin to address this problem. First and foremost, we must pass a budget through both chambers that cuts spending. In the previous Congress, House Republicans did exactly this, while the Senate has not passed a budget plan in over four years. This is not only irresponsible, it is unacceptable. Everyday, families and small business have to make financial decisions affecting their personal budget. Washington should be leading by example, not by frivolously spending money."
Congressman Holding recently co-sponsored two versions of a Constitutional amendment requiring a balanced budget. Both H.J. Res 1 and H.J. Res 2 were introduced by Chairman Bob Goodlatte and have been referred to the House Judiciary Committee.
It has been 1,360 days since the Senate Democrats passed a budget. Next week, the House will consider legislation to temporarily raise the debt ceiling for three months and require both the House and Senate to pass a budget. If the House or Senate failed to pass a budget by the statutory deadline, the members of that chamber would have their pay withheld.