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Buffett: Congress will eventually pass fiscal plan

7:56 AM, Nov 28, 2012   |    comments
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But the Berkshire Hathaway chairman and CEO says that the debate over the package of automatic tax increases and spending cuts that's set to take effect Jan. 1 won't affect any of his investment decisions.

Buffett said on CNBC Wednesday that he thinks Congress will eventually come up with a fiscal plan that makes sense, even if it doesn't happen until after the tax increases and spending cuts take effect.

Buffett appeared on CNBC Wednesday with Carol Loomis to discuss her new book about his career, "Tap Dancing to Work: Warren Buffett on Practically Everything, 1966-2012."

(Copyright 2012 by The Associated Press. All Rights Reserved.)

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