The ex-GAO head says the real U.S. debt level is closer to about $65 trillion, which is three times bigger than what has officially been announced. Dave Walker, who headed the Government Accountability Office (GAO) under former Presidents Bill Clinton and George W. Bush, said the large national debt hinders the government’s ability to conduct both domestic and foreign policy initiatives.
U.S. Debt - Really $65 trillion?
The former U.S. comptroller general said when you add up all of the nation’s unfunded liabilities, the national debt is more than three times the U.S. debt number generally advertised.
Walker told host John Castimatidis on The Cats Roundtable on New York’s AM-970 in an interview that aired on Sunday: “If you end up adding to...