Papa John's Obamacare pizza price hike possible: Founder John Schnatter blames health care law

Schnatter is a Mitt Romney supporter

pizza


Photographer: AP Graphics Bank
Copyright Associated Press

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Posted: 08/09/2012

Papa John’s warns it will have to raise the price of its pizzas due to President Obama’s health care law.

In a conference call during last week’s shareholder’s meeting, John Schnatter, CEO and founder of Papa John’s, said pizza will cost up to 14 cents more when the Affordable Care Act goes into effect in 2014, according to Politico and CBSlocal.com.

Schnatter, a Romney supporter, held a private fundraiser for the GOP presidential candidate at his Kentucky home in April. Schnatter also has a home in Naples.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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