Warren Buffett is attacking the Republican Party’s plans to repeal and replace ObamaCare, claiming bills in the House and Senate would provide tax cuts for the rich.
Legislation passed by the House, he said, should be called “Relief for the Rich Act.”
Buffett, one of the wealthiest men in the country, claimed his tax bill would have been reduced by $679,999, or 17 percent, from the House bill.
via The Hill.
The numbers don’t lie. The ‘Better Care Reconciliation Act’ is not a healthcare bill at all. It is a tax windfall for the rich and pharmaceutical companies – paid for by gutting the Medicaid program, which covers more than 60% of long-term care costs for our nation’s seniors. The C.B.O. says that 15 million Medicaid beneficiaries will lose coverage within 10 years, one million more than in the House-passed bill.
via CBO Analysis Validates Seniors’ Worst Fears About Senate Health Bill.
