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Cruz: Trump May Owe ‘Billions’ in Loans

Ted Cruz took a shot at Donald Trump on Sunday, suggesting that Trump owed “hundreds of millions or even billions” in unpaid loans.

“If you look at his financial disclosure, he owes at least $480 million right now, and it could be billions,” Cruz said on “Fox News Sunday.”

“He knows this loan story is complete nonsense,” Cruz said. “It’s also the height of chutzpah for someone who owes hundreds of millions of dollars, if not billions of dollars, to attack Heidi and me because we put our life savings into running for Senate.”

“And by the way, with loans, when Heidi and I take loans, we pay them back,” he added. “Donald has declared bankruptcy four times. So for him to sit there owing hundreds of millions or billions or who knows and to criticize Heidi and me for putting our entire net worth into the campaign is astonishing.”

The Hill reports:

Cruz also said he has not been attacking Trump in the days leading up to the Iowa caucuses.

“What he has changed to doing is insulting me every day, you know, attacking me,” he said of Trump.

When pressed by host Chris Wallace whether bringing up Trump’s loans was an attack, Cruz called it a “fact.” “That’s not an insult, it’s a fact,” he said.

Photo credit: Raw Story.

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