Election

DEMS IMPLODING: Bloomberg Compares Warren’s Policies to VENEZUELA, Says Harris Would 'Bankrupt Us'

posted by Hannity Staff - 1.29.19

Former New York City Mayor and likely 2020 presidential candidate Michael Bloomberg unloaded on members of his own party this week; equating Sen. Warren’s tax plan with Venezuela and saying the US can’t “afford” Sen. Harris’ healthcare proposal.

“If you want to look at a system that’s non-capitalistic, just take a look at what was perhaps the wealthiest country in the world, and today, people are starving to death — it’s called Venezuela,” said Bloomberg -referencing Warren’s proposed tax hikes.

“I think you could never afford that. I think you can have Medicare for all for people that are uncovered… to replace the entire private system where companies provide health care for their employees would bankrupt us for a very long time,” he added.