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US COMPTROLLER GENERAL DAVID WALKER

United States Comptroller General David Walker speaks about the growing fiscal imbalance in America, at the American Institute of Certified Public Accountants 2006 National Governmental Accounting and Auditing Update Conference, in Washington on August 21, 2006. (UPI Photo/Kevin Dietsch)

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Commentary: Running on empty

WASHINGTON, Jan. 12 (UPI) -- Fiscal irresponsibility is now a calamitous cycle that poses a bigger threat than al-Qaida and its plans to attack the United States with a weapon of mass destruction. David Walker, the Paul Revere of a total economic and financial collapse on the present course, says the United States has a fiscal cancer "that is growing within us."

U.S. military disavows GAO's Iraq report

WASHINGTON, Sept. 5 (UPI) -- U.S. military commanders say a Government Accountability Office report critical of progress in Iraq was set up to report failure.

U.S. official: Corruption in Iraq oil

WASHINGTON, July 17 (UPI) -- Iraq's government-run oil industry is plagued with "massive corruption" that is hindering the country's movement toward self-reliance, a U.S. official said.

Costs of Social Security push questioned

WASHINGTON, April 7 (UPI) -- A Democratic U.S. congressman has asked a federal agency to determine how much President Bush's two-month push for Social Security reform will cost.

DOD tops GAO's 'high-risk' list

WASHINGTON, Jan. 25 (UPI) -- The Defense Department is the most-mentioned agency in a study of the government's high-risk areas released Tuesday by Congress's watchdog group.

GAO: Medicare becoming bankrupt

WASHINGTON, Dec. 20 (UPI) -- Experts say Medicare, the government provider of health insurance for 41 million elderly and disabled U.S. citizens, is nearing a crisis.

Comptroller issues SS warning

WASHINGTON, Dec. 13 (UPI) -- U.S. Comptroller General David Walker warns a restructuring of Social Security is needed to deal with the increasing federal budget deficit.

Report: Financial terror coming soon

WASHINGTON, Oct. 25 (UPI) -- Federal spending in the United States now accounts for nearly 20 percent of the U.S. economy's annual output, and it's got a lot higher to go.

Senator asks GAO to examine USDA, mad cow

WASHINGTON, July 21 (UPI) -- U.S. Sen. Tom Harkin, D-Iowa, Wednesday requested the Government Accountability Office examine the Agriculture Department's mad cow disease strategy.

Analysis: Medicaid oversight lacking

Medicaid's fiscal management has been criticized by analysts and government investigators alike, stirring political debate over how it is funded, but a new report targets fixes that could keep the state-federal partnership structure of the entitlement pro

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