Buffett discusses solving the U.S. fiscal deficit.

Buffett said, "The issue of how to control government revenue and spending has never really been solved, and this problem has already damaged many civilizations." When talking about the huge fiscal deficit in the United States, he said, "The fiscal deficit in the United States is unsustainable and may become uncontrollable, and then we may just have to give up." He added that he did not want to take on the job of solving the fiscal deficit, and Congress does not seem to be committed to reducing the US fiscal deficit.