Will surging debt and runaway spending sink the U.S. government into oblivion? How will it impact income tax rates? What about Medicare and Social Security?
Total U.S. debt is now close to $100 trillion and Ron DeLegge @ETFguide chats about this with David M. Walker, who served as the 7th U.S. Comptroller General of the U.S. government under the Bush and Clinton administrations. Walker also served as the CEO of the General Accountability Office (GAO) and he’s a serial author.
Walker, in his straight forward easy to understand manner, explains the big league problems facing America, the hard choices that need to be made and why U.S. income tax rates will skyrocket. He also shares insights from his latest book “America in 2040.”
America in 2040: Still a Superpower?: A Pathway to Success by David M. Walker
David M. Walker’s Wikipedia Biography
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#USdebt #FinancialCrisis #SocialSecurity