Setting the scene…
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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
…In the Capitol, Senator Thompson studied a briefing from his staff. His district’s mood was changing. At a closed-door meeting, party leaders debated whether to speak to the Buffett Rule or let the issue play itself out. Thompson weighed his next move, knowing that silence might soon cease to be an option. Outside, the echo of a community’s call for fiscal sanity began to reverberate. The question now: Would Washington hear it—and if so, what would they do?