Buffett calls for removal of government borrowing limit.

Warren Buffett has criticized the debt-ceiling crisis and called for the removal of the borrowing limit, stating that it never made sense in the first place. He dismissed concerns that Congress won't raise the debt ceiling and the federal government will be forced to default on its loans. Buffett warned that not raising the debt ceiling might be Congress' most idiotic move ever. The US breached its $31.4 trillion debt ceiling in January, and experts believe it could run out of money by early June.