David Walker : The U.S. faces a debt much larger than the bailout amount . Walker : No one is going to bail out America , we have to do it ourselves . U.S. needs panel to examine how to cut $ 53 trillion long-term debt , he says . Comment:
David Walker : The U.S. faces a debt much larger than the bailout amount . Walker : No one is going to bail out America , we have to do it ourselves . U.S. needs panel to examine how to cut $ 53 trillion long-term debt , he says . Social Security , health care and taxes need to be reformed , Walker says .