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This debt limit fight has already cost us billions on top of the billions for the shutdown, plus hundreds of thousands of jobs. If we hit the limit this will cost more than Obamacare & the budget cuts they were fighting for would save. They are destroying the country.
OMAHA, Neb. (AP) — Billionaire Warren Buffett said Wednesday it would be idiocy for the nation's leaders to allow the United States to default on its bills.
Buffett is a renowned investor who leads the Berkshire Hathaway conglomerate. He appeared Wednesday on CNBC.
Buffett said he thinks it would be absurd for American politicians to do anything to damage the country's reputation for paying its bills that has been established over the past 237 years.
"I don't think it will happen, but if it does happen, it's a pure act of idiocy," Buffett said about the possibility of default.
Remember when thousands of Americans defaulted on their loans because they spent more then they could afford? is this what we want to happen to America? Let's reign in spending
OMAHA, Neb. (AP) Billionaire Warren Buffett said Wednesday it would be idiocy for the nation's leaders to allow the United States to default on its bills.
Buffett is a renowned investor who leads the Berkshire Hathaway conglomerate. He appeared Wednesday on CNBC.
Buffett said he thinks it would be absurd for American politicians to do anything to damage the country's reputation for paying its bills that has been established over the past 237 years.
"I don't think it will happen, but if it does happen, it's a pure act of idiocy," Buffett said about the possibility of default.
Buffett says allowing US default would be idiocy | Financial Headlines | Comcast