Anthony Brown Declines To Confirm Loan Repayment

Former Lt. Gov. Anthony G. Brown, the Democratic nominee in Maryland’s 4th Congressional District, declined to say Friday whether he met a key deadline this month to pay back $120,000 on a loan his campaign took out weeks before he lost the 2014 election for governor.

Brown lost to Republican businessman Larry Hogan, defaulted on the loan and agreed to restructure the debt. The $120,000 due on June 1 was the largest installment the campaign owed the Laborers Political League Education Fund under that new payment plan.

Brown borrowed $500,000 for the gubernatorial campaign. Separately, he loaned his congressional campaign $400,000 in personal funds in March.

The debt should be easier to pay now that Brown has won the nomination in the Prince George’s County-based 4th District, which reliably elects Democrats in the general election.

He cannot transfer money from his congressional campaign to his state account, but his return to power will make it far easier for him to raise cash for both.

Click here to read the rest of the article written John Fritze by over at the Baltimore Sun

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