We appear to be heading into an out of control spiral but Warren Buffett offered his advice to put an end to budget deficits. Sometimes the solutions are just so simple.
Warren Buffett, pictured here adorably eating a parfait, presented his quick and easy solution to America’s debt problem today on CNBC: “I could end the deficit in five minutes. You just pass a law that says that anytime there is a deficit of more than three percent of GDP all sitting members of congress are ineligible for reelection.
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