This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Warren Buffett's: A deficit of more than 3% of GDP means all sitting members of Congress are ineligible for re-election.

Created by J.H. on September 22, 2011

We, the people of the United States, hereby petition the President for a law that protects us against the self-serving interests of the U.S. Congress by making ineligible for re-election all sitting members of Congress anytime there is a deficit of more than 3% of GDP.
Would Warren Buffett's proposal to make Congress answer for future budget deficits actually work?
In an interview with CNBC, Warren Buffett said, "I could end the deficit in 5 minutes. 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." Most of Congress might not want to vote for this bill.

Sign this petition, and give the White House a way to expose members of Congress who care more about themselves than they do us!

Budget & Taxes
Government & Regulatory Reform
Return to top