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Understanding the Debt Problem - A Brief Summary

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Published on Sep 16, 2013

David M. Walker, Comptroller General of the US and Head of the G.A.O. (1998-2008), summarizes America's debt problem, its roots and implications for the future.

Focusing primarily on three charts, Walker shows the growth of US financial obligations historically and compared to other countries, and where current policies lead for individuals and for the country as a whole.

As US "accountant in chief" from 1998-2008 and as a former Public Trustee for Social Security and Medicare (1990-95), Walker served under both Republican and Democrat administrations. He knows the facts and pulls no punches for either party.

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