Warren Buffett's Radical Solution To Avoid A Government Default

Warren Buffett was on CNBC this morning, talking debt ceiling (he says playing with it is a bad idea), the economy (improving), private jet tax breaks (he thinks it’s all just politics, though of course he owns NetJets) and the role of philanthropy in the economy.

Probably his most interesting comment: If it looks like the US might default, but is getting closer to a deal, Berkshire Hathaway and other companies can just pre-pay taxes. He even said he’d call his corporate pals to make sure they join him.


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