David M. Walker Elected Chairman of Federal Fiscal Sustainability Foundation to Tackle National Debt

The Federal Fiscal Sustainability Foundation (FFSF) has announced the election of David M. Walker, former U.S. Comptroller General, as its new Chairman, signaling a strengthened commitment to addressing the United States' national debt and promoting fiscal responsibility. Walker's extensive experience in public finance and governance positions him uniquely to lead the FFSF's mission towards securing a sustainable financial future for America through the advocacy of a Fiscal Responsibility Amendment to the U.S. Constitution.

Under Walker's leadership, the FFSF aims to intensify its efforts to combat the rapid escalation of the national debt, which has grown from less than $1 trillion in 1979 to over $35 trillion today. This alarming trend poses significant risks to the country's economic and national security, underscoring the urgency of the FFSF's mission. The foundation's strategy includes legal action to compel Congress to act on Article V of the Constitution, which allows for constitutional amendments through a Convention of States, and supporting legislative efforts like H.C.R. 24 to mandate Congressional action on fiscal responsibility.

The FFSF's board, comprising a distinguished group of leaders from various sectors, reinforces the foundation's capability to address the complex challenges of fiscal reform. The election of Walker as Chairman at this critical juncture highlights the growing concern among policymakers and citizens about the long-term consequences of unchecked government spending. The FFSF's pursuit of a constitutional amendment represents a bold strategy to enforce fiscal discipline and reshape the framework for government spending and debt management for future generations.

The implications of the FFSF's initiatives under Walker's leadership could have far-reaching effects on the nation's economic future, setting a new precedent for addressing fiscal challenges in democratic societies. As the foundation moves forward, its efforts to advocate for a lasting solution to the national debt crisis will be closely watched for their potential impact on national fiscal policy and the broader economic landscape.