Clarence Thomas never repaid a millionaire friend’s $267,000 loan which the Supreme Court justice used to buy a 40-foot luxury motorcoach, Senate investigators announced Wednesday.
Healthcare magnate Anthony Welters told the Senate Finance Committee he forgave the RV loan after five years of receiving payments on the interest but not the principal, the report states.
“Now we know that Justice Thomas had up to $267,230 in debt forgiven and never reported it on his ethics forms,” Senate Finance Committee Chair Ron Wyden, (D-OR) said in a statement.
Wyden called on Thomas to specify exactly how much of the debt he paid and whether the loan was reported on tax returns.
Whomst among us has not gotten a quarter million dollar loan from a friend and never repaid it? What sort of friends would the guy be if he has Clarence pay such a small sum back? /s
I may have forgotten to pay back my parents for the small loan of $1M they gave me to start a business.
I know right. What is everyone actually complaining about?