Tuesday, September 30th, 2014

No, Warren Buffett didn't say Obamacare should be scrapped

In a CNBC interview in 2010, investor Warren Buffett offered skepticism about the bill that ultimately became Obamacare. Some bloggers suggested his comments were recent.
In a CNBC interview in 2010, investor Warren Buffett offered skepticism about the bill that ultimately became Obamacare. Some bloggers suggested his comments were recent.

Conservative bloggers have turned up three-year-old quotes from Warren Buffett and cast them as fresh evidence that American support is dwindling for President Barack Obama's health care law.

But the quotes are not properly identified as three years old and do not reflect Buffett's full thinking on the health care law.

As our full report shows, the comments came from an interview that Buffett, the chairman and CEO of Berkshire Hathaway Inc., gave to CNBC on March 1, 2010 -- three and a half years ago, before the bill was signed. Buffett's office told PolitiFact that the blog reports do not reflect his views. We rated the claim Pants on Fire. Read our complete report for details.