GAO Warns of Dangerous DeficitNewsMax.com WiresThursday, Sept 18, 2003 WASHINGTON -- The head of Congress' investigative arm warned Wednesday that the United States faces "large and growing structural deficits," which, if not soon addressed, could lead to "a dangerous budgetary and economic spiral that would ultimately hurt every American." "Our nation has a major long-term fiscal challenge that is not going away, and requires serious and sustained attention," David Walker, U.S. comptroller general and head of the General Accounting Office, said Wednesday at a luncheon at Washington's National Press Club. This challenge -- more than $7 trillion in accumulated...