Buffett Says Keeping Debt Ceiling Would Be ‘Most Asinine’
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Billionaire Warren Buffett said it would be “most asinine” if U.S. lawmakers keep the debt ceiling, rather than lift it to allow more borrowing.
“We’re a growing country, and we’re going to have a growing debt capacity,” Buffett said today at the annual meeting of his Berkshire Hathaway Inc. “In my view, there’s no chance that they don’t increase the debt ceiling.”