A serious “investigative report” by the serious Washington Post on Thursday brought to light a shocking fact about Supreme Court nominee Brett Kavanaugh: he bought some baseball tickets for his friends on his personal credit cards, then later paid off the debts when his friends reimbursed him.
The report kicks off by stating Kavanaugh “incurred tens of thousands of dollars of credit card debt buying baseball tickets over the past decade and at times reported liabilities that could have exceeded the value of his cash accounts and investment assets.”
What was the debt?
The information came from financial disclosures and information provided by the White House, according to the report.
Kavanaugh reported in 2016 that he had “$60,000 and $200,000 in debt” from three credit cards and a loan. Each credit card had between “$15,000 and $50,000 in debt, and a Thrift Savings Plan loan was between $15,000 and $50,000.”
Part of the debt is linked to Washington Nationals season tickets and tickets for baseball playoff games that Kavanaugh bought for himself and friends. Other costs were related to home improvements, White House spokesman Raj Shah told the Washington Post.
Nationals season ticket packages can vary depending on their location in the stadium, the report notes. Seats near the dugout can sell for as much as $6,000 each for an 81-game season package.
Kavanaugh’s friends reportedly reimbursed him for “their share of the baseball tickets,” and the judge has “since stopped purchasing the season tickets.”
The report noted that Shah did not provide the friends’ names, nor additional details about the tickets.
The information falls under the article’s headline: “Supreme Court nominee Brett Kavanaugh piled up credit card debt by purchasing Nationals tickets, White House says.”
What did it conclude?
The story goes on to state that filings show the ticket purchases were made at the end of 2016 and paid off early the next year. In 2017, the credit card debts and loan “were either paid off or fell below the reporting requirements,” according to the report.
“He did not carry that kind of debt year over year,” Shah told the Washington Post.
Next, the article examines Kavanaugh’s reportable assets of between $15,000 to $65,000. That, the Washington Post reports, puts him “at the bottom of the financial ranking of justices, most of whom list well over $1 million in assets.”
Still, Kavanaugh “has assets of nearly $1 million between the equity in his home and his retirement account,” according to the report.
Shah also told the Washington Post that the Kavanaughs have no debt beyond their home mortgage.
Kavanaugh has also worked in the public sector and did not build his wealth through private practice, the report states.
“Judge Kavanaugh is a brilliant jurist who has dedicated his life to public service,” Shah said.
President Donald Trump announced Monday that Kavanaugh is the Supreme Court nominee for Justice Anthony Kennedy’s seat.
While it is anyone’s guess how Senators will react to these “shocking” revelations, at least one Republican senator mocked the report and gave it all the gravity it is due:
— Senator Thom Tillis (@SenThomTillis) July 12, 2018