David Walker: “I don't think it should be business of S&P or any rating agency to tell a sovereign nation how to put its finances in…”

I think frankly what the president ought to think about doing with regard to the Affordable Care Act is that he ought to use executive powers to not enforce the penalties associated with the individual mandate for a year.

I believe that there is an opportunity that you can get administration support for something along these lines.

We have to have a robust discussion about what it is going to take to save the country.

We ought to have work requirements. There is no question about it.