Wednesday, May 26, 2010

It accomplishes an amazing feat, explaining the national debt. be
The Hon. David M. Walker Comeback America: Turning the Country Around and Restoring Fiscal Responsibility, has been praised for its candid, nonpartisan assessment of what’s wrong with federal spending and what must be done about it. The Hon. David M. Walker, the nation's top accountant, offers an insider’s shocking perspective on the debt crisis facing America.
By 2040, Social Security and Medicare will consume the entire federal budget. David M. Walker understands better than anyone else the looming threats to this nation’s future from mounting federal debt and entitlement programs. For a decade, Mr. Walker was the nation’s top auditor, alerting Congress to waste, fraud and abuse of tax dollars. As United States comptroller general under Presidents Bill Clinton and George W. Bush, Mr. Walker repeatedly warned that out-of-control spending will burden future generations and will create opportunities for foreign powers to manipulate our economy. "The Honorable David M. Walker is President and CEO of the Peter G. Peterson Foundation and Former Comptroller General of the United States". His early predictions came true so quickly that he was profiled in the documentary “I.O.U.S.A.”