There's absolutely no question that the political system in Washington is dysfunctional. And, thirdly, there's no question that both political parties are to blame. The last 10 years have been the most fiscally irresponsible in the history of United States.
David Walker: “There's absolutely no question that the political system in Washington is dysfunctional. And, thirdly, there's no…”
On the recordAugust 4, 2011
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transcripts.cnn.comEditor's note · Context
David Walker discusses the dysfunction in Washington and the fiscal irresponsibility of both political parties.
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the base of the Republican Party will not support any type of tax increases -- even if it's eliminating tax expenditures where there can be a bipartisan agreement.
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The greatest threat to America's future is not terrorism. It's not some country. It's our own fiscal irresponsibility.
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I can come up with $2 trillion to $3 trillion worth of deficit reduction without any tax increases, OK?
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I think they'll reconcile. I mean, the fact is the Speaker has a role to play and oversee the convention and he has an obligation to support the Republican nominee whoever that is.





