The federal government's current fiscal business model isn't sustainable and major changes need to be made, the Comptroller General told a group of New York CPAs here.

"I believe we have a broken business model and...we're on an unsustainable fiscal path," David M. Walker, head of the U.S. Government Accountability Office, said in an address to the New York State Society of CPAs at the group's annual election and meeting in New York Wednesday.

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