Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:
"I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.
The congress should have term limits just like the president. If they can't accomplish what they claim they can during election campaigns in two terms then it is time to give someone else a chance to.
ReplyDeleteBuffet owes a billion in back taxes.
ReplyDeleteBuffett ain't rich because he's stupid, but I'm thinking his taxes are about to skyrocket....lol....
ReplyDeleteHe should pay!
ReplyDelete