Warren Buffett says reports he wants to scrap Obamacare are 'outrageous'

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Posted: Tuesday, September 17, 2013 12:00 am

Stories saying that Warren Buffett wants to “scrap Obamacare” are false, the Omaha investor said Tuesday.

“This is outrageous,” Buffett said in a World-Herald interview Tuesday. “It's 100 percent wrong ... totally false.”

A story posted by Money Morning, a financial advice site, and picked up by the Morning Standard and other Internet outlets quote comments Buffett made in an interview on CNBC on March 1, 2010, when the U.S. Senate was debating bills that became the Affordable Care Act, or Obamacare.

But it appears from the Internet stories that the comments are recent.

Buffett said the stories took his comments out of context and added the “scrapped” wording.

“I've never suggested nor thought Obamacare should be scrapped,” said Buffett, who has supported Obama's political campaigns. “I support it. It relates to providing medical care for all Americans. That's something I've thought should be done for a long, long time.”

The Omaha World-Herald Co. is owned by Berkshire Hathaway, Inc.

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