Warren Assails Lobbying Against Her Health Plan: Campaign Update
(Bloomberg) -- Democratic presidential candidate Elizabeth Warren assailed the clout in Washington of billionaires and large corporations that have lined up to fight her calls for a wealth tax and Medicare for All.“Many corporate executives and career politicians and billionaires on both sides of the aisle want to keep their influence and their wealth,” Warren, a U.S. senator from Massachusetts, said in a speech in Boston Tuesday. “And they are already deep in the fight to do so.”Warren said that industry interests were lining up to stifle many of the more ambitious initiatives of her campaign, including the swift creation of a government-run health-care system that would cover all Americans and eliminate private insurance -- a proposal also offered by her rival for the party’s nomination, Bernie Sanders.“Americans overwhelmingly believe that health care is a basic human right,” Warren said. “But the private health insurance industry is dumping millions of dollars in false TV ads to sc...