It's no surprise that Congress failed to come up with a deficit reduction plan, says Home Depot co-founder Ken Langone, and taxes aren't the flash point of our problems. "Politicians are like drug addicts around money, they can't stop themselves," Langone says. We're in trouble, and desperately need to reduce our debt, but no one in Washington is willing to do it. His solution: term limits and a trust fund that sets aside taxes to be used strictly for reducing the debt. (video)
It's no surprise that Congress failed to come up with a deficit reduction plan, says Home Depot...
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