Buffett: Battle over debt ceiling is silly

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The U.S. nation should not be making crucial decisions on the debt ceiling over a point of a gun, Warren Buffett told CNBC’s Becky Quick, Berkshire Hathaway chairman/CEO. He argues the Treasury could get corporations to pre-pay September corporate taxes if needed.

Source: CNBC, July 7, 2011.

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1 comment to Buffett: Battle over debt ceiling is silly

  • herb

    Any entity that commits to spending money it does not have does not deserve a triple ‘A’ rating.

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