A national expert on the economy is in Lexington.
David Walker was America's Comptroller General and head of the General Accounting Office.
Walker tells ABC 36 that the true state of our nation's financial conditions are a lot worse than most politicians are willing to admit.
And he says Kentucky has some work to do.
According to Walker, the Commonwealth ranks 46th in the nation when it comes to total liabilities and unfunded promises per tax payer.
"Kentucky needs to start taking steps to put its own finances in order. Because when the Federal Government starts making these tough choices, bad news will flow downhill," says Walker.
Walker is in town to speak to the UK Martin School of Public Policy.