Comeback America Walker, David M.

From the Publisher:
A former head of the Government Accountability Office offers bold ideas on how to control spending, save Social Security, dramatically alter Medicare, and simplify the tax codeùall taking into account the Obama Administration's current efforts, which receive never-before-published assessments both complimentary and critical.A former head of the Government Accountability Office offers bold ideas on how to control spending, save Social Security, dramatically alter Medicare, and simplify the tax code?all taking into account the Obama Administration's current efforts, which receive never-before-published assessments both complimentary and critical.

Annotation:
David M. Walker, who served as United States Comptroller General under Presidents Bill Clinton and George W. Bush, knows perhaps as much about the American economy as anyone, and he warns that without significant tax reforms and controls on government spending, the United States will be crippled with debt within the next 20 years. Walker shows that the widening deficit is approaching a critical point wherein it will enact a devastating self-sustaining cycle, as higher taxes begin to deplete the resources of American families and impede the education of future generations, further deteriorating the nation's productivity and financial status. After surveying several possible scenarios for economic disaster, Walker outlines a comprehensive plan which could rescue the country by capping government spending, simplifying taxes, and reorganizing Medicare and Social Security. Walker cogently incorporates President Obama's economic agenda into his analysis, examining which policies need to be strengthened or at least maintained, and which ones need to be abandoned.

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Comeback America Turning the Country Around and Restoring Fiscal Responsibility (Hardcover)

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