Warren Buffett : Neither party has the right to blow the 237-year reputation of the United States, the sanctity of financial contracts

Warren Buffett : I don’t think 535 people [in Congress] could be idiotic enough to replay the debt ceiling. I mean, it ought to be off the table. By now it’s clear to everyone that it’s a polticial weapon of mass destruction. It shouldn’t’ be tied to abortion or immigration or anything else. Neither party has the right to blow the 237-year reputation of the United States, the sanctity of financial contracts. We built that reputation. Neither party should threaten to blow that up for its own good. I hope that point has gotten across to the majority, and I don’t think we’ll see it again. - in a recent CNBC Interview