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Members of congress will not be eligible for re-election during years of a deficit budget.

Created by V.M. on January 30, 2013

Put your money where your mouth is.

[Warren Buffett, in a recent interview with CNBC, offers one of the best quotes about the debt ceiling:

"I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.]

In addition, for members of congress who do not intend to run for re-election, they will receive no pension of any kind.

Budget & Taxes
Government & Regulatory Reform
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