By Tony Romeo

PHILADELPHIA (CBS) – Outgoing state auditor general Jack Wagner has been sounding the alarm over Pennsylvania’s debt, but he may be even more concerned about the nation’s debt.

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Wagner, who is in this last full day as Pennsylvania’s auditor general, has spent the last few years warning about the danger of mounting debt at the turnpike. At a press conference to discuss turnpike issues once again last week, Wagner was asked to weigh in on the country’s debt situation.

“The national debt is horrendous… it’s embarrassing,” he said.

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Wagner, a Democrat, says there needs to be more revenue to fix the national budget, but that borrowing and spending must also be addressed.

“There has to be cuts at the federal level – in all areas – and every American citizen knows that,” he said.

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And Wagner believes the Congressional Budget Office is not good enough as a watchdog. He believes the federal government also needs an independent auditor general or a position similar to it.