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Fiscal cliff? Not to worry, says Warren Buffett
President Barack Obama must be willing to continue pushing for higher taxes on the wealthy, even if it triggers a "fiscal cliff" leading to automatic onset of tax increases and spending cuts beginning Jan. 1, super-investor Warren Buffett told CNN Wednesday.
The U.S. economy is "resilient" enough to weather it for a month or two, he said, shrugging off Congressional Budget Office warnings that failure to address the problem by Dec. 31 could lead to a recession.
IN FOCUS TODAY
Tuesday, June 18, 2013 - 5:05am
The Baltimore City Council approved Mayor Stephanie Rawlings-Blake’s $2.4 billion operating...
Monday, June 17, 2013 - 6:35am
WYPR's Fraser Smith and Scott Calvert of the Baltimore Sun talk about how the City Council is...
Friday, June 14, 2013 - 6:35am
WYPR's Fraser Smith and David Moon, political consultant and blogger at Maryland Juice talk...