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Home World India

Musk supports Warren Buffett’s 5-min plan to erase US deficit, shares emoji

12 June 2025
in India
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Musk supports Warren Buffett’s 5-min plan to erase US deficit, shares emoji
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Amid persistent U.S. budget deficits exceeding $33 trillion, Warren Buffett’s radical proposal resurfaced, suggesting that Congress members be disqualified from re-election if deficits surpass 3% of GDP. Utah Senator Mike Lee supports this idea and is drafting an amendment linking congressional eligibility to inflation, aiming to hold lawmakers accountable for fiscal irresponsibility, though critics warn of potential governance paralysis.

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Tags: 5minamerica budget deficitBuffettsDeficitElon MuskemojieraseMike LeeMuskplansharessupportsU.S. budget deficitWarrenWarren Buffett
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