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Warren Buffett suggests a solution to the U.S. federal deficit by proposing a law that would make all sitting members of Congress ineligible for re-election if the deficit exceeds 3% of GDP. This idea has gained attention and is seen as a way to address political corruption and incentivize responsible fiscal management.
🚨🇺🇸SEE WARREN BUFFET EXPLAIN HOW TO FIX THE U.S. DEFICIT "Pass a law that says any time there's a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election." Source: CNBC https://t.co/xUVLkwGB2k https://t.co/KyOsyhtY5A
WATCH: Warren Buffett solves America’s budget crisis in 17 seconds. https://t.co/muJx4zRsRb
Warren Buffett on the US government deficit: "I could end the deficit in 5 minutes. 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 reelection." BUFFETT HAS A GREAT IDEA. https://t.co/nu81QEZDbA