Scott Walker financial disclosure reveals high-interest credit card debt
By Tom LoBianco, CNN
Updated 6:38 PM ET, Mon August 3, 2015
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Exclusive inside Gov. Scott Walker's winnebago 05:24 Story highlights
Washington (CNN)Wisconsin Gov. Scott Walker is holding onto a high-interest credit card from Barclays and paying an interest rate of 27.24%, according to his personal financial disclosure form .. http://i2.cdn.turner.com/cnn/2015/images/08/03/walker.pdf .
The Walker campaign did not immediately return requests for comment.
According to the Walker form, the card was issued last year and Walker owed between $10,000 and $15,000 on it at its highest point. (Reporting requirements mandate candidates report the largest amount of debt carried on an individual card, or loan, but give them a range to report.)
The interest rate is high by most standards, although Walker does have another card from Bank of America with a similar credit limit but only 11.99 percent interest, according to the form.
The latest Walker disclosure also shows him carrying at least $100,000 in student debt for his two sons, who are attending college.
Among the field of Republican contenders, Walker has one of the most modest personal financial standings. He earned $222,899 as governor -- a little more than $145,000 a year -- but only holds between $36,000 and $190,000 in investments, according to the report. Former Florida Gov. Jeb Bush is a multimillionaire and frontrunner Donald Trump has famously claimed to be worth $10 billion.
Walker was also advanced $45,000 for his book "Unintimidated," which later became the name of the super PAC supporting him.
.. what is a guy in Walker's position, ex Gov., a presidential candidate, with a credit card debt costing 27.24%?? .. what's going on with these people? ..
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
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