March 10, 2005 |
Social Security "does not face an immediate crisis," the head of the nonpartisan Government Accountability Office said Wednesday, but it does face a long-term financing problem. David M. Walker, the comptroller general, criticized President Bush for undertaking an aggressive two-month tour to try to sell his plan for allowing younger workers to divert a portion of their Social Security payroll taxes into private investment accounts.
August 22, 2002 |
When Congress created an agency to facilitate loans to the shellshocked airlines after the terrorist attacks, critics decried the move as letting Uncle Sam not only select which carriers would survive but also re-engineer the structure of the U.S. air travel system.
August 5, 1987 |
President Reagan will nominate Labor Department official David M. Walker to be assistant secretary of labor for pension and welfare benefit programs, the White House announced Tuesday.
May 18, 1989 |
Three federal agencies have begun investigating the commander of the most recent space shuttle mission, who was accused of violating flight regulations after a small jet he was flying nearly collided with a Pan Am airliner, officials said Wednesday. The pilot of the Pan Am Airbus 310 reported a "near midair collision" after the incident over the Washington area Monday evening. The airline pilot, who was not identified, said that the T-38 trainer jet, with Navy Capt. David M. Walker at the controls, flew within 500 feet of the airliner.
February 16, 2007 |
About $10 billion has been squandered by the U.S. government on Iraq reconstruction aid because of contractor overcharges and unsupported expenses, and federal investigators warned Thursday that significantly more taxpayer money was at risk.
May 29, 2012
Re "It's the fiscal future," Opinion, May 23 David M. Walker wants Obama and Romney to spell out their tax policies. However, our dysfunctional Congress controls taxes. Our imperial presidents start wars, but they can only hope for tax changes. Obama promised healthcare reform, but Congress produced a patchwork of half-measures without cost controls, leaving us at the mercy of the insurance companies. Walker prescribes a precise 3-1 ratio of spending cuts and tax increases.