Papa John’s founder to raise price of pizza because of 'Obamacare'

John Schnatter, CEO and founder of Papa John’s Pizza.

John Schnatter, CEO and founder of Papa John’s Pizza.

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 WNEW.

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.

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