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Americas Debt

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economics2 years ago

"Warren Buffett's 5-Minute Plan to Eradicate America's Debt"

Warren Buffett proposed a plan to address America's deficit by passing a law that would make sitting members of Congress ineligible for reelection if the deficit exceeds 3% of GDP. The plan aims to increase accountability and incentivize lawmakers to prioritize fiscal responsibility. While the idea is intriguing, its practicality and potential consequences remain uncertain.