Connect with us

Hi, what are you looking for?


Warren Buffett’s Financial Plan To Eliminate America’s Debt: ‘I Can End The Deficit In 5 Minutes’

via Yahoo Finance on Youtube

Renowned investor Warren Buffett proposed a bold strategy to address America’s deficit issue, suggesting that members of Congress should be ineligible for reelection if the deficit exceeds 3% of GDP.

This plan aims to hold lawmakers accountable for fiscal policies and incentivize them to prioritize economic health over short-term gains.

“I could end the deficit in five minutes,” taunted Buffet in 2011 in a resurfaced video.

“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,” suggested the billionaire.

The video often goes viral as younger generations learn that a stagnant or deteriorating government can be improved upon by incentivizing the gatekeepers.

While the proposal raises practicality concerns and potential consequences, it underscores the need for accountability and fiscal responsibility in politics, offering a unique perspective on addressing the nation’s debt problem.

Critics predict that lawmakers would ignore social programs, infrastructure, and education if they are too focused on a balanced budget.

Most Popular:

The Ugly Truth About Obama Exposed

Panic Mode: Hunter Can’t Hide Anymore

‘Woke’ Miss Universe Pageant Goes Bankrupt

You May Also Like


CNN’s boss Mark Thompson is planning a digital-first transformation for the network by reducing anchor salaries, which currently exceed $50 million. Insiders report he...

U.S. News

Special Counsel David Weiss charged a former FBI informant, Alexander Smirnov, with making false statements and creating false records regarding his allegations about Joe...


Donald Trump decided not to appeal a recent court ruling rejecting his claim of absolute presidential immunity from civil lawsuits over his actions while...


A legal analyst covering a hearing on the eligibility of the Fulton County district attorney in the Trump election interference case said it was...

U.S. News

A school principal in Oklahoma faced backlash and threats after it was revealed he also performed as a drag queen. Murnan faced child pornography...


New York AG Letitia James imposed a $354 million fine on Donald Trump for fraud, but there is no legal precedent for such a...


A Virginia bill seeking to ban minors’ access to the social media platform TikTok failed to advance out of committee in the Democrat-controlled state...