It's no secret that we've go big financial problems in this country. And while lawmakers try to hammer out solutions to address decades of overspending and promises, what many don't see is how our fiscal crisis threatens our very existence.
"You can't spend trillions of dollars more than you take in without someday having a day of reckoning," says former U.S. Comptroller General David Walker. "It's happened to every other great republic in the past who's been fiscally irresponsible, and, frankly, some of them no longer exist."Read More »from Spain, Italy More Fiscally Responsible Than U.S.: Former Comptroller