Gov’t Accountability Chief Warns U.S. Is On ‘Unsustainable Fiscal Path’

Comptroller General Gene Dodaro warned that the federal government is on an “unsustainable fiscal path” as a result of decades of runaway spending far exceeding revenues, he reported Tuesday.

Dodaro — whose job makes him head of the Government Accountability Office (GAO), the investigative arm of Congress — made the statement in releasing his agency’s first annual federal fiscal analysis. The current federal deficit is $587 billion, up from $439 billion for 2015.

The report attributed the increase in the annual deficit to higher spending for Social Security, Medicare, Medicaid and interest on the debt.

http://dailycaller.com/2017/01/17/govt-accountability-chief-warns-u-s-is...