GAO: The status quo is unsustainable

By: Nicole Belle on Saturday, December 9th, 2006 at 11:20 AM - PST

C-Span's Friday Washington Journal had on David Walker, U.S. Comptroller of the GAO on to discuss two recent reports, one on recommendations for 110th Congress Targets for Oversight and Global War on Terror Costs (both .pdf. You can watch archives of the show here.

Walker was fairly scathing in his assessment of how things are going for the country fiscally. The GAO has produced videos with their assessment that you can download here. It's a lot of information to take in. When they start to toss out estimates in the TRILLIONS, my mind started to reel.