Warren Buffett with Senators Simpson and Bowles on Fiscal Cliff and Solutions to U.S. Debt Reduction

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Jul 12, 2012
"Everyone knows we need something done, and they did their job and Congress has not done its job," says Warren Buffett, Berkshire Hathaway CEO, commenting on the Simpson-Bowles plan to reduce the federal deficit, with former Sen. Alan Simpson, (R-WY), and Erskine Bowles, former chief of staff to President Clinton. "Deficit solutions are painful, but there's no other way out," explains Sen. Simpson.


Here is the video:





Video 2: Buffett, Simpson & Bowles on Debt Reduction (Solution to the problem)





Video 3: Going Over Fiscal Cliff Could Trigger Recession





Buffett on a Pick Up in Residential Housing: