IOUSA Live Panel w/ Warren Buffett, David Walker, Pete Peterson

I encourage you to watch the 30-minute byte-sized documentary
YouTube - I.O.U.S.A.: Byte-Sized - The 30 Minute Version

In this clip from "I.O.U.S.A.: Live," the entire panel reflects on the most important things average Americans can do to change our government's upcoming fiscal crisis.

"I.O.U.S.A.: Live" was a one-night event with some of America's most notable financial leaders and policy experts, including Warren Buffett, CEO of Berkshire Hathaway; William Niskanen, chairman of the CATO Institute; Bill Novelli, CEO of AARP; Pete Peterson, senior chairman of The Blackstone Group and chairman of the Peter G. Peterson Foundation; and Dave Walker, president & CEO of the Peter G. Peterson Foundation and former U.S. Comptroller General. The discussion was moderated by CNBC's Becky Quick.



Warren Buffett talks about the US economy and why he's not pessimistic about America's future.



Pete Peterson calls out to the youth of America to get informed about the risks to their future - and become a movement for fiscal reform.




Pete Peterson talks about the biggest dangers to the federal economy today, both economically and politically - and how we can help eliminate those risks.



Pete Peterson discusses how to convince Americans to save more, and why tax incentives aren't helping.



14-year-old Daniel asks about what young people can do to help pay for baby boomers' Social Security, and what the next president should do to fix the looming crisis.



Dave Walker explains why he does his taxes by hand and jokes about the quickest way to achieve tax reform in America.




AARP CEO Bill Novelli discusses what Social Security will look like tomorrow if we don't make changes today.



Warren Buffett talks about how his tax rate is lower than his cleaning lady's - and analyzes why investors pay less in taxes than service staff.