Former U.S. Comptroller General David M. Walker Appointed Chairman of Federal Fiscal Sustainability Foundation

The Federal Fiscal Sustainability Foundation (FFSF), a non-partisan, non-profit organization focused on restoring fiscal sanity in Washington, D.C., has announced the election of former U.S. Comptroller General David M. Walker as its Chairman. This move is significant as Walker and the entire Board aim to secure a sustainable financial future for America by advocating for a Fiscal Responsibility Amendment to the U.S. Constitution, ratified by State Conventions of pledged delegates, similar to the 21st Amendment.

The FFSF Board is composed of esteemed leaders, including a former Vice Chairman of the Joint Chiefs of Staff, a former state Attorney General, distinguished economic scholars, political leaders, and other thought leaders. The foundation’s founder, David Biddulph, emphasized the importance of their mission to preserve the American Dream for future generations, free from the burden of an escalating national debt.

David Biddulph stated, “FFSF is empowering citizens to shape our nation's financial future. We're advocating for a Fiscal Responsibility Amendment to the U.S. Constitution. Traditional attempts to control government growth and debt have failed, making our mission more critical than ever. We are thrilled to have Dave Walker serve as our Chairman in these essential efforts.”

Walker brings a wealth of experience to the role, having served in multiple presidential administrations from Reagan to the current Administration. He has received three Presidential appointments from Presidents Reagan, Bush (41), and Clinton, with unanimous confirmation by the U.S. Senate each time. His career includes serving as CEO of three federal agencies, two non-profits, and as a Partner and Global Managing Director for Arthur Andersen. He has also been involved in advisory roles for Social Security and Medicare, the United Nations, the Defense Business Board, and No Labels.

Article V of the Constitution provides a pathway for change through a Convention of States, initiated by two-thirds of the states and ratified by three-quarters of the states. Despite the support of more than 34 states beginning in 1979, Congress has failed to act. Consequently, FFSF is pursuing legal action against Congress to compel action and is seeking a legislative fix introduced in Congress last year (H.C.R. 24) to mandate that Congress fulfill its Article V obligations.

Walker highlighted the urgency of the situation, stating, “The ticking federal debt bomb threatens our collective future. Failure to act will have serious adverse consequences for our economic security, national security, international standing, and domestic tranquility over time. A Constitutional amendment is the only way to force current and future Congresses to restore fiscal sanity and sustainability.”

Walker further noted, “The federal government just passed $35 trillion in debt, up from $5.7 trillion in 2000 and less than $1 trillion in 1979. Washington has lost control of the nation’s finances. It’s time for a Fiscal Responsibility Constitutional Amendment.”