Former Comptroller General of the United States, David Walker speaks during a panel of the Committee for a Responsible Federal Budget (part of the New America Foundation).
Walker states that the Federal government is over $55 trillion in debt and that no one is going to bailout America. Walker correctly states that "government doesn't have any money." He goes on that we are mortgaging future generations. He calls this fiscally irresponsible and morally reprehensible.
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