Buffett says U.S. fighting 'economic war', small businesses need help

Warren Buffett said on Tuesday the United States is fighting an "economic war," and that Congress must step up to help struggling small businesses that have become "collateral damage" from the coronavirus pandemic.

Speaking on CNBC television, the billionaire chairman of Berkshire Hathaway Inc said he hopes Congress extends the Paycheck Protection Program of business loans "on a large scale."