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. Now, you don't have to be an economics professor to understand that you can't go on borrowing nearly 40 cents out of every dollar you spend. 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 the Constitution to preserve the nation's financial security for future generations.