Politics and Government
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Politics and Government
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Buffett on Government Spending: The Deficit Is 'Unsustainable'

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Buffett had largely avoided commenting on politics during the afternoon part of the annual meetings Q&A and seemed reluctant to directly address a question on what he thought about Tesla CEO Elon Musk's efforts to cut government spending through the Department of Government Efficiency,
In a recent statement, Warren Buffett expressed concerns about the U.S. government's spending and the growing deficit, describing it as "unsustainable." He highlighted that while the government can print money, it cannot print more output or resources, emphasizing the limitations of monetary policy in addressing fiscal issues. Buffett's comments were made in the context of broader economic discussions, reflecting his ongoing worries about the long-term implications of current fiscal policies.

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[ https://www.barrons.com/livecoverage/berkshire-hathaway-earnings-warren-buffett-annual-meeting/card/buffett-on-government-spending-the-deficit-is-unsustainable--giD9I9mbDaXHjNvQu9ow ]