Clarence Thomas never repaid a millionaire friend’s $267,000 loan which the Supreme Court justice used to buy a 40-foot luxury motorcoach, Senate investigators announced Wednesday.
Healthcare magnate Anthony Welters told the Senate Finance Committee he forgave the RV loan after five years of receiving payments on the interest but not the principal, the report states.
“Now we know that Justice Thomas had up to $267,230 in debt forgiven and never reported it on his ethics forms,” Senate Finance Committee Chair Ron Wyden, (D-OR) said in a statement.
Wyden called on Thomas to specify exactly how much of the debt he paid and whether the loan was reported on tax returns.
Really? That’s less than the median home price in the US ($412k). Especially with inflation from the past few decades, that’s not really that much money.