Walker, Taxes Ranger

When David Walker resigned his post as the head of the Government Accountability Office in February, he said that he planned to pursue the type of advocacy that required him to be independent.

Five months later, the man’s got his own “Inconvenient Truth.” The film, produced by the group he founded, the Peter G. Peterson Foundation, is called “I.O.U.S.A” and screened Wednesday night for the first time at the Library of Congress. On hand in the small theater were several members of Congress, including House Majority Leader Steny Hoyer and Iowa Sen. Charles Grassley, the ranking minority member on the Senate Finance Committee.

The gist of the film is that the nation is headed for a very foreseeable crisis. Its obligations over the next decades, when accounting for the national debt, Social Security and Medicare, top $53 trillion. And we don’t have it.
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