Scott Walker has tens of thousands of dollars worth of credit card debt

Scott WalkerAP Photo/Jeffrey PhelpsWisconsin Gov. Scott Walker holds up a bill after signing it at the Milwaukee County Sheriff’s office that eliminates a 48-hour waiting period for handgun purchases, Wednesday, June. 24, 2015, in Milwaukee.

Wisconsin governor Scott Walker is in some serious debt.

National Journal’s Shane Goldmacher is reporting that new federal financial documents show that Walker has credit card debts totaling more than $US20,000 from two separate cards.

The financial disclosures also revealed that Walker owes another $US100,000 in student loan debt for his children.

One of the debts is via Barclays and is estimated to be between $US10,000 and $US15,000. The interest rate on the debt is 27.24 per cent.

The other credit card debt is via Bank of America from 2011. On that debt, Walker also owes between $US10,00 and $US15,000 with an interest rate of 11.99 per cent.

Walker’s assets, by comparison, are not substantial. In the documents, he listed six investments totaling between $US1,000 and $US15,000, a life insurance policy, and a deferred compensation plan.

This isn’t the first time that Walker’s reportedly been in debt. The Daily Beast and The Boston Globe both reported back in April that Walker owed Sears up to $US50,000 in credit card debt.

At the time, a spokesperson for Walker’s Our American Revival PAC deflected the insinuation that Walker’s credit card spending was anything outside the norm.

“Over the years, the governor has given $US370,000 of his salary back to taxpayers,” spokesperson AshLee Strong told The Daily Beast. “He has two kids in college, parents who live with him, a mortgage, car payments, and small credit card use. All in all, pretty ordinary stuff.”

In April, The Boston Globe estimated that Walker’s net worth was -$US72,500.

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