corner.nationalreview.com - 1/8/2009
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Former U.S. comptroller David Walker has long been a leading advocate of fiscal sanity, and I called him today to get his take on the latest CBO budget-deficit projections ($1.2 trillion for next year, trillion-plus deficits for years to come). "If trillion-dollar deficit numbers for several ...
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Viking Pundit —
Trillion-dollar deficits – Former Comptroller General David Walker speaks : " We need to realize that the same factors that led to the subprime crisis - too much debt, too little attention to cash flow, ineffective risk management, and waiting to do something until the crisis hits the door - those same factors exist for the federal government’s fiscal situation, with one big difference: No one is going to bail out America ." For more background, check out the ...
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