Thursday, January 12, 2012

Buffett offers matching gifts in debt-reduction

Billionaire Buffett said Wednesday he's willing to match any contributions that Republican members of Congress make to help reduce the national debt. He told Time magazine about his offer in a conversation about why he's optimistic about the nation's future, according to NewsOK.

Buffett, who is chairman and CEO of Berkshire Hathaway, was criticized by Republicans last year for his suggestion that Congress increase taxes on the “mega-rich” like himself. Several Republicans, including Senate GOP Leader Mitch McConnell, suggested Buffett just donate money to help the nation balance its books instead of asking to pay higher taxes.

“It restores my faith in human nature to think that there are people who have been
around Washington all this time and are not yet so cynical as to think that (the deficit) can't be solved by voluntary contributions,” Buffett said to the magazine….

Find out more at http://newsok.com/billionaire-warren-buffett-offers-matching-gifts-in-debt-reduction/article/3639504

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