Buffett said this while laughing, but he is absolutely correct. Unfortunately, it would require the same congress that would be pressured by the law to pass the law so that isn't going to happen.I am frustrated that SS and National Debt remain a looming issue, but hardly any politicians are serious about fixing.
US Government spending to tax intake can be solved with a very simple piece of legislation @DOGE @elonmusk
— Wall Street Apes (@WallStreetApes) November 23, 2024
“I could end deficit in 5 minutes. You just pass a law that says that anytime there's a deficit of more than 3% of GDP all sitting members of Congress are ineligible for… pic.twitter.com/qzOby5O3Ka