Former federal official warns about mounting deficit
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The dome of the U.S. Capitol building in Washington DC.
Alex Wong/Getty Images
David Walker, a former comptroller general of the United States and former head of the Government Accountability Office, says the U.S. faces longterm disaster if it doesn't fix its financial condition.
Walker is the author of the new book, "Comeback America: Turning the Country Around and Restoring Fiscal Responsibility."
He spoke at the National Press Club in Washington, D.C.
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