New statements show South Carolina Congressman Joe Wilson owed at least $165,000 in loans and credit-card debt last year.
Wilson (R-West Columbia) reported the debts on his recently released personal financial disclosure statements for 2010.
Congressional lawmakers are required to file the statements each year. The statements report assets in broad ranges and are not required to include a lawmaker's primary residence.
Wilson's statement shows he owed between $165,000 and $325,000 in six personal loans, one home-equity loan, and credit card debt.
Wilson reported total liabilities between $765,000 and $1.57 million. That includes two mortgages -- each worth between $250,000 and $500,000 -- for properties in Washington and Sapphire, N.C., and a mortgage worth between $100,000 to $250,000 for property in Springdale.
Like other House Republicans, Wilson has criticized the Obama administration for "job-killing" economic policies, and has urged spending cuts and fiscal restraint.
On June 22, he delivered a floor speech accusing the administration of "spending and borrowing money at a reckless rate."
more
http://www.wltx.com/rss/article/142390/ ... onal-Debt-