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Monday, June 13, 2016

Anthony Brown declines to confirm loan repayment

Former Lt. Gov. Anthony G. Brown, the Democratic nominee in Maryland's 4th Congressional District, declined to say Friday whether he met a key deadline this month to pay back $120,000 on a loan his campaign took out weeks before he lost the 2014 election for governor.

Brown lost to Republican businessman Larry Hogan, defaulted on the loan and agreed to restructure the debt. The $120,000 due on June 1 was the largest installment the campaign owed the Laborers Political League Education Fund under that new payment plan.

Brown borrowed $500,000 for the gubernatorial campaign. Separately, he loaned his congressional campaign $400,000 in personal funds in March.

The debt should be easier to pay now that Brown has won the nomination in the Prince George's County-based 4th District, which reliably elects Democrats in the general election.

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4 comments:

  1. AnonymousJune 13, 2016 at 1:08 PM

    Let PG County have him.....forever.

    ReplyDelete
  2. AnonymousJune 13, 2016 at 1:14 PM

    glad he got stomped. Pay Up!

    ReplyDelete
  3. AnonymousJune 13, 2016 at 2:13 PM

    If he isn't confirming, he probably hasn't paid in full. Funny how his Dem cohorts aren't giving him a hand.

    ReplyDelete
  4. AnonymousJune 14, 2016 at 8:28 AM

    it's the Democrat way!

    ReplyDelete

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