Warren Buffett Rips The Tea Party

Berkshire Hathaway B shares Warren BuffettBy Mark Hirschey (Work of Mark Hirschey) [CC BY-SA 2.0], via Wikimedia Commons
Warren Buffett Rips The Tea PartyWarren Buffett, the self-made billionaire and son of a former Republican congressman, continues to widen his rift with the Republican Party by pressing for tax increases on the wealthy and reinforcing ties with President Barack Obama. Buffett has called the Tea Party approach to budget talks “insane” and proposed raising $500 billion by taxing the richest Americans. Bloomberg’s Megan Hughes reports from Washington. (Source: Bloomberg)
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