Tuesday, June 17, 2008

Walz Up to His Eyeballs in Credit Card Debt


How can someone who is so fiscally irresponsible in his personal finances expect to be trusted with managing taxpayers' money in a responsible way? Walz certainly can't. Walz must go.

Walz continues to carry credit card debt from campaign
6/18/2008 10:20:02 AM
By Edward Felker
Post-Bulletin, Rochester MN

WASHINGTON -- Freshman Democratic Rep. Tim Walz of Mankato continued to carry substantial personal credit card balances at the end of 2007, stemming from debts he accumulated while he ran full time for Congress in 2006. According to his year-end House financial disclosure report released Monday, Walz reported overall liabilities of between $225,005 and $515,000. Credit card debt accounted for $75,003 to $120,000 of the total, while a mortgage and credit line tied to his Mankato home and an attached rental unit accounted for between $150,002 and $350,000.

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