Buffett predicts debt ceiling resolution

The Oracle of Omaha has told CNBC he expects the United States government to approach, but not cross, the line of “extreme idiocy.”

Read: Buffett releases private letter from 1975

“If it goes one second beyond the debt limit, that will not do us in. If it goes a year beyond, I mean, that would be unbelievable,” he told the outlet.

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