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Former federal comptroller laments the lack of realistic budget solutions in...

According to former U.S. Comptroller General David Walker, the budget showdown and looming federal government shutdown is an irrational fight over a relatively insignificant issue. “It’s like politicians in Washington are arguing over the bar tab on the Titanic while we’re heading toward the iceberg ready to sink the entire ship.”

GOP deficit crusade opposed by fiscal hawks

WASHINGTON-- Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy. Standing in the way of the Republicans’ reasoning, however, has been another formidable group: budget experts.