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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
Wednesday, May 22, 2013 - 6:35am
WYPR's Fraser Smith and political consultant and columnist Laslo Boyd talk about how Baltimore...
Tuesday, May 21, 2013 - 4:44am
For Baltimore businesses, this is "Clean Your Files" day, part of the city's campaign to...
Monday, May 20, 2013 - 6:35am
WYPR's Fraser Smith and Luke Broadwater of the Baltimore Sun talk about the Baltimore City...