116 3rd St SE
Cedar Rapids, Iowa 52401
Home / Opinion / Letters to the Editor
5-minute debt fix, via Warren Buffett
The Gazette Opinion Staff
Aug. 5, 2011 11:28 am
Warren Buffett, in a recent interview with CNBC, offers one of the best quotes I've heard in all this drama 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 percent of GDP, all sitting members of Congress are ineligible for re-election.”
Connie-Lee Baum
Marengo
Opinion content represents the viewpoint of the author or The Gazette editorial board. You can join the conversation by submitting a letter to the editor or guest column or by suggesting a topic for an editorial to editorial@thegazette.com
Daily Newsletters