Thursday, September 8, 2011

Warren Buffett and Obamacare

President Obama just mentioned Warren Buffett in his call for tax increases on small businesses.  But it’s worth noting Buffett’s comments on Obamacare from last March, in which he said the bill “really doesn’t attack the cost situation that much” and that “I don’t believe in insuring more people until you attack the cost aspect of this.”

If the President wishes to invoke Warren Buffett on tax policy, why doesn’t he first follow Buffett’s advice on health care policy – and scrap his costly Obamacare legislation to replace it with something that will actually lower costs for struggling families?