Buffett to Congress: “No Tickie No Shirtie”

July 7, 2011 By Renee C. Stern

Warren Buffett is known for many things.

He’s got famous quotes, business savvy, and tells it as he sees it.

In this interview, Buffett offers up his hypothetical plan that could reverse our national debt.

Warren Buffett, as he appeared in ap images as it appeared in businessinsider.com — Warren Buffett, photo taken by AP Images, as it appeared in an article published by businessinsider.com entitled: 6 Hustles Warren Buffett Used To Make $53,000 By Age 16

“I could end the deficit in 5 minutes. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of congress are ineligible for reelection.”