I could end the deficit in five 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.

Warren Buffett
I could end the deficit in five minutes. You just...
I could end the deficit in five minutes. You just...
I could end the deficit in five minutes. You just...
I could end the deficit in five minutes. You just...
About This Quote

I could end the deficit in five 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. This quote is a joke, but it does make an important point about how Congress can change the budget and its role in government. Currently, Congress has the power to approve or disapprove spending bills and to raise or lower taxes.

The president can veto these bills, but he cannot make them law without congressional approval. If every member of Congress were prohibited from running for re-election should or partisan office should they approve or disapprove or raise or lower taxes they would have little impact on the budget.

Some Similar Quotes
  1. I have something I need to tell you, " he says. I run my fingers along the tendons in his hands and look back at him. "I might be in love with you." He smiles a little. "I'm waiting until I'm sure to tell you,... - Veronica Roth
  2. I love you like a fat kid loves cake! - Scott Adams
  3. Love can change a person the way a parent can change a baby- awkwardly, and often with a great deal of mess. - Lemony Snicket
  4. When God Created Mothers"When the Good Lord was creating mothers, He was into His sixth day of "overtime" when the angel appeared and said. "You're doing a lot of fiddling around on this one." And God said, "Have you read the specs on this order?"... - Erma Bombeck
  5. And next time you're planning to injure yourself to get me attention, just remember that a little sweet talk works wonders. - Cassandra Clare
More Quotes By Warren Buffett
  1. To be successful, look for the job you will take if you don't need a job
  2. If you’re in the luckiest one per cent of humanity, you owe it to the rest of humanity to think about the other 99 per cent.
  3. You only have to do a very few things right in your life so long as you don't do too many things wrong.
  4. Risk comes from not knowing what you're doing
  5. Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
Related Topics