Monday, March 1, 2010

Warren Buffet: Scrap the Senate Health Bill

Liberal billionaire Warren Buffet says that the Democrats should scrap the Senate healthcare reform bill. Buffet complains that the current proposal, which served as the template for President Obama's "compromise" position, will not do enough to contain costs.

Although Buffet says that reforming healthcare will require some "tough things," it is unclear what he has in mind. Buffet also criticizes several handouts that states (e.g., Nebraska) would receive from the Senate proposal. Obama's proposal, however, would eliminate this special treatment -- but make those handouts general to all states.

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