WASHINGTON — U.S. tycoon Warren Buffett has challenged Republicans in Congress to make personal contributions to cut the US deficit, vowing to match their donations dollar-for-dollar.
A US Congress "supercommittee" tasked with finding $1.2 trillion in deficit reduction planned to meet through the weekend if necessary to find an elusive deal, one of its co-chairs said Friday.
President Barack Obama was expected Monday to announce his plan to reduce the deficit which may include a higher tax rate for people making over a million dollars a year.
