2016 Presidential Race

Could This Destroy Rubio’s Chance at GOP Nomination?

Sen. Marco Rubio’s financial troubles has became a major issue as he continues to rise in public opinion polls.

Sen. Marco Rubio’s financial troubles has became a major issue as he continues to rise in public opinion polls.

Jeb Bush, Donald Trump and other Republican candidates are adding fuel to a major problem Senator Marco Rubio is facing. That problem, his past financial decisions are atrocious and likely won’t inspire much confidence in his ability to handle the economy once more voters read up on his financial past. Rubio has two years of credit card transactions from his time as speaker of the Florida House, the details are still a mystery.

People takes a closer look at his credit card transaction during these years.

During the GOP presidential hopeful’s 2010 Senate race, the Tampa Bay Times and the Miami Herald obtained his 2006 and 2007 credit card statements, which allegedly showed that he regularly charged personal expenses – including a four-day, $10,000 family reunion and repairs to his family minivan, according to the Times.

The investigation also found he failed to disclose $34,000 in expenses, including $7,000 he paid to himself and $5,700 he paid his wife, Jeanette, as reimbursement for “gas and meals,” Politifact reports. (Jeanette was treasurer of one of two political committees he created in order to accept contributions toward his travel and other political expenses.) Plus, Rubio reportedly gave family members an additional $14,000 and racked up $51,000 in travel expenses on his own credit cards.

Senator Rubio also faced foreclosure on his Tallahassee mansion, taking a loss of $18,000 compared to the price he and a friend paid for the house a decade ago. Indeed the issue is just now starting to get notice by the national media. During the CNBC GOP Debate, moderator Becky Quick asked Rubio this, “You yourself have said that you’ve had issues. You have a lack of bookkeeping skills. You accidentally inter-mingled campaign money with your personal money. You faced foreclosure on a second home that you bought. And just last year, you liquidated a $68,000 retirement fund … In terms of all of that, it raises the question whether you have the maturity and wisdom to lead this $17 trillion economy. What do you say?”

Rubio of course avoided the question mostly and complained how awful the “liberal” media is. Marco Rubio financial troubles will continue to get the spotlight over the next few months. Will it destroy him or will GOP voters ignore the problem?

Advertisements