Our Federal Debt Is Mounting and Congress Must Act ASAP
INTERVIEW ON THE PRICE OF BUSINESS SHOW, MEDIA PARTNER OF THIS SITE.
Recently Kevin Price, Host of the nationally syndicated Price of Business Show, interviewed Honorable David M. Walker.
All major fiscal and monetary agencies have consistently lamented US fiscal policy as unsustainable. 2023 saw federal spending reach 23.3% of the GDP while federal revenue only brought it 16.9%. The Price of Business sat down with David Walker, the former Comptroller General of the United States, an advisor to watchdog group and educational advocacy group Main Street Economics, to learn more about what changes that the country needs to implement before the Debt bomb explodes. For more information or to get involved, visit: https://www.mainstreeteconomics.org/
Dave is a nationally and internationally recognized fiscal responsibility, government transformation/ accountability, and retirement security expert. He is a non-practicing CPA with over 40 years of executive level experience in the public, private and non-profit sectors, including heading three federal agencies (two ERISA agencies), two non-profits, and leading a global service line for Arthur Andersen LLP. His most recent full-time federal position was as the seventh Comptroller General of the United States and CEO of the U.S. Government Accountability Office (GAO) for almost 10 years. This was one of his three Presidential appointments by Presidents from both political parties, with unanimous Senate confirmation each time. Dave also served as one of two Public Trustees for Social Security and Medicare from 1990-1995.
Most recently, Dave served as the Distinguished Visiting Professor and Crowe Chair at the U.S. Naval Academy where he taught the Economics of National Security. He currently serves on a number of government and non-profit Boards and Advisory Committees, including the Defense Business Board, the Federal Fiscal Sustainability Foundation, and as a National Co-Founder of No Labels.
Dave is also a periodic speaker, writer and media commentator. He has authored four books, the latest is entitled “America in 2040: Still a Superpower (A Pathway to Success)” published by AuthorHouse in October of 2020 and updated in February 2022. His most recent previous book was entitled “Comeback America: Turning the Country Around and Restoring Fiscal Responsibility“ (2010), which achieved National Bestseller status. He has appeared in many major programs and documentaries, including being the primary subject in a 60 Minutes segment and the critically acclaimed documentary I.O.U.S.A.
Dave has a Bachelors Degree in Accounting from Jacksonville University, an SMG Certificate from the JFK School at Harvard, a CAPSTONE Certificate from the National Defense University, and four Honorary Doctorate Degrees. He has received numerous professional and leadership awards and is in four Halls of Fame.
Dave is married to Mary Etheredge Walker. They have two children and three grandchildren.
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LISTEN TO THE INTERVIEW IN ITS ENTIRETY HERE:
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