Does Warren Buffett have two rules?

As a major opponent of the President’s proposed Buffett Rule, I found this Buffett quote to be more in line with my views.

I could end the deficit in five minutes.  You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election. via Warren Buffett’s 5-Minute Plan to Fix the Deficit – CNBC.

Check out Warren Buffett’s book The Snowball: Warren Buffett and the Business of Life.

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