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Saturday, March 17, 2018

Dem Bobby Rush Forced To Pay 15 Percent Of Salary Annually Due To $1 Million Loan He Never Paid

Illinois Democratic Rep. Bobby Rush is losing 15 percent of his salary due to repayment of the more than $1 million he owes for making a delinquent loan for a church he started in Chicago.

The announcement comes as Cook County Circuit Judge Alexander White ordered the garnishment of more than $2,100 a month from Rush’s annual $174,000 salary Wednesday, the Chicago Sun-Times reported.

Rush, who has served in congress for 25 years, was ordered to pay back the original $550,000 June 2005 loan that New City Bank granted him and seven other co-signers. Rush bought a church in Englewood, Chicago, with the loan money. The order came after the church stopped making its monthly payments in November 2011, causing creditors to sue the Democratic congressman.

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