Washington’s Fiscal Mess Is Irresponsible, Unethical, Immoral: Former US Comptroller General
‘We’ve lost our sense of stewardship,’ David Walker said. In 2007, the U.S. national debt was below $10 trillion, and the budget deficit was about $160 billion. Federal spending was about $3 trillion, and interest payments were approximately $400 billion. Then the numbers spiraled out of control. Washington’s fiscal situation has drastically changed since then;