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Five Minutes to Fiscal Sanity: The Buffett Rule

Warren Buffett famously claimed he could fix the federal budget deficit in "five minutes" by passing a single rule that makes all sitting members of Congress ineligible for re-election if the deficit exceeds 3% of Gross Domestic Product…

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Previously

…As the sun set, Maria wondered: would enough people care to make Congress notice? Eleanor, reviewing her op-ed, pondered how to explain the need for both discipline and compassion in fiscal rules. And Senator Thompson, sensing the mood shifting, wondered how long political habits could hold against a rising tide of everyday voices. The first messages had been sent. The next question: could a community’s call for accountability echo all the way to Washington—and spark real change?

Setting the scene…

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