David Walker, the former U.S. Controller General, told CNBC Thursday he won't run for the U.S. Senate seat in Connecticut because he doesn't want to put his family through another long commitment to public service.
With Independent Sen. Joe Lieberman retiring, the race is wide open. Among the contenders are Linda McMahon, wife of World Wide Entertainment founder Vince McMahon, and former congressman Christopher Shays on the Republican side. Rep. Christopher Murphy and former Secretary of State Susan Bysiewicz are contenders for the Democrats.
"I believe there is a clear path to victory in 2012," said Walker, the CEO of the Comeback America Initiative and Comptroller General from 1998 to 2008. "However, the fact of the matter is that most people tell me that if I were to run for the Senate, I have to be prepared to serve at least 12 years," or two six-year terms, on top of the 15 years he's already put into public service.
"That's too much of a commitment to ask my family," he said. In addition, "When I look at my personality, which is a very action, results-oriented individual, I don't know that the Senate is the best fit."
Walker said there's "no question that Washington has become dysfunctional. It's been taken over by the wing nuts on both extremes," he said, adding, "I just don't think it's the right fit for me."
He would not endorse the current Senate candidates, preferring to stay a political independent. But he doesn't "think either party has a monopoly on the best people and the best ideas."