He's one of America's most capable, canny, candid, and independent
financial experts. Now David M. Walker sounds a call to action.
Comeback America is a tough-minded, innovative, inspiring guide to
help us avoid the approaching economic abyss and put the country
back on track again.
As comptroller general of the United States and head of the
Government Accountability Office (GAO)--"the nation's top
auditor"--Walker warned Congress and the administration as the
federal surplus became a giant deficit under George W. Bush. As
president and CEO of the Peter G. Peterson Foundation, he now works
full-time to raise public awareness regarding mounting debt burdens
being imposed on future generations. Comeback America is his
crucial manifesto, a way for President Obama to end out-of-control
government spending and reform our tax, retirement, health care,
defense, and other systems--before it's too late.
Walker believes that by 2030, absent significant reforms to current
government programs and policies, federal taxes could double from
current levels, meaning less money and poorer education for
kids--which will hurt families along with our nation's economic
strength and position in the world. If our foreign creditors--such
as China--decide to buy fewer of our Treasury bonds, interest rates
will rise and cars and homes will become less affordable.
But it doesn't have to be that way. Comeback America shows how we
can return to our founding principles of fiscal responsibility and
stewardship for future generations. The book includes bold ideas 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.
Nonpartisan, nonideological, and filled with a love of the country
its esteemed author has spent his life serving, Comeback America is
a book for anyone interested in America's economic future--in other
words, a book everyone should read.
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