<p>Buffett said, &#34;The issue of how to control government revenue and expenditure has never really been resolved, and this issue has harmed many civilizations.&#34; When discussing the enormous fiscal deficit in the United States, he stated that the U.S. fiscal deficit is unsustainable and could become uncontrollable, &#34;and then we can only give up.&#34; He added that he does not want to take on the task of solving the fiscal deficit, and Congress does not seem committed to reducing the U.S. fiscal deficit</p>

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<p>Buffett said, "The issue of how to control government revenue and expenditure has never really been resolved, and this problem has harmed many civilizations." When discussing the enormous fiscal deficit in the United States, he stated that the U.S. fiscal deficit is unsustainable and could become uncontrollable, "and then we can only give up." He added that he does not want to take on the task of solving the fiscal deficit, and Congress does not seem committed to reducing the U.S. fiscal deficit</p>

Buffett discusses solutions to the U.S. fiscal deficit