Academic

Buffett vs. Congress on health care reform

By Tung Yin

I think I'm going to believe that Warren Buffett has a better sense of whether health care reform as currently proposed is a good idea:

Billionaire investor Warren Buffett advised President Barack Obama on Monday to scrap the health care bill and start over.

In an interview with CNBC, Buffett said the current bill does not focus on controlling costs, which he sees as the central problem that must be addressed to reform the system. He added that while he does not like the Senate bill, he?d vote for it in preference to doing nothing.

Full post as published by The Yin Blog on March 01, 2010 (boomark / email).