Warren Buffett’s famous proposal to end the U.S. national deficit relies on a radical approach to accountability. His idea is simple: pass a law stating that if the national deficit exceeds 3% of GDP, all sitting members of Congress become ineligible for re-election. By creating a direct personal consequence for fiscal mismanagement, Buffett argues that lawmakers would find the political will to balance the budget almost instantly. While it’s more of a thought experiment than a formal policy, it highlights the gap between political incentives and economic responsibility, suggesting that the deficit is a "solvable" problem if the people in power have enough skin in the game.

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