David Walker, the former head of the Government Accountability Office, called out the leaders in Washington, who he said "punted" on the debt deal.
"The tough choices will probably not be made until after the 2012 elections," he said.
In a conversation with David Gregory on this week's midweek "Press Pass," the former US Comptroller General (1998-2008) warned that the U.S. is close to a similar situation that led to major budget crisis in Greece. The difference is, he said, is that "Greece has got somebody to bail it out. We don’t."
Walker also said that he’s thinking about a Senate run in Connecticut, adding that he’s not going to rush into a decision. “I don’t run unless I believe I’ll win,” he said.