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Elon Musk backs Warren Buffett plan to fix US debt fast as it nears 40 trillion
Economy
Published on 11 May 2026
Buffett wants one quick legislative move—no endless talk
Elon Musk has endorsed Warren Buffett’s proposal aimed at tackling America’s rising national debt, now projected to approach $40 trillion. Buffett’s plan centers on swift action to curb deficits through targeted legislation, triggering renewed debate over fiscal discipline and who should be held accountable politically. The endorsement has amplified calls for faster, concrete debt control measures.
- Elon Musk endorsed Buffett’s debt-curbing proposal
- Buffett’s approach calls for quick legislative action
- US national debt is projected to near 40 trillion
- The move has reignited debate on fiscal accountability
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times