Washington’s Fiscal Mess Is Irresponsible, Unethical, Immoral: Former US Comptroller General

‘We’ve lost our sense of stewardship,’ David Walker said.

Former U.S. Comptroller General Hon. David M. Walker speaks at the Grand Hyatt New York, on September 19, 2016. Riccardo Savi/Getty Images

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.