Warren Buffett, Berkshire Hathaway chairman & CEO, says the country has "taken a shot" at reducing the deficits by cutting expenses and raising taxes but the nation will still be left with a $trillion deficit. Buffett, also answers a viewer question about why he is optimistic about the U.S. economy. (8:17)
Sequester is 'Terrible Way' to Cut Expenses: Buffett
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