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Bowles: 'We Are Going Over the Fiscal Cliff'
"Everyone know we need something done, and they did their job and Congress has not done its job," says Warren Buffett, Berkshire Hathaway CEO, commenting on the Simpson-Bowles plan to reduce the federal deficit, with former Sen. Alan Simpson, (R-WY), and Erskine Bowles, former chief of staff to President Clinton. "Deficit solutions are painful, but there's no other way out," explains Sen. Simpson.
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Bowles: 'We Are Going Over the Fiscal Cliff'
"Everyone know we need something done, and they did their job and Congress has not done its job," says Warren Buffett, Berkshire Hathaway CEO, commenting on the Simpson-Bowles plan to reduce the federal deficit, with former Sen. Alan Simpson, (R-WY), and Erskine Bowles, former chief of staff to President Clinton. "Deficit solutions are painful, but there's no other way out," explains Sen. Simpson.
Date: 7/12/12
Views: 11089
Video by:  CNBC
 
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