Cruz Dismisses Report on Undisclosed Loan as a 'Filing Error' - NBC 6 South Florida
Decision 2016

Decision 2016

Full coverage of the race for the White House

Cruz Dismisses Report on Undisclosed Loan as a 'Filing Error'

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    Republican presidential candidate Sen. Ted Cruz, R-Texas, speaks during a campaign stop on Wednesday, Jan. 13, 2016, in Dorchester, S.C.

    Ted Cruz dismissed a New York Times report that he failed to properly disclose a loan from Goldman Sachs during his 2012 bid for the U.S. Senate, calling it a “filing error,” NBC News reported.

    The Times reported that the Cruz family took out a low-interest loan from the bank. The loan didn’t appear in the reports Cruz filed with the Federal Election Commission during his 2012 run. Earlier Wednesday, the Cruz campaign called it an “issue of semantics.”

    "If it was the case that it was not filed exactly as the FEC requires, we'll amend the filings," Cruz said. "But all of the information has been public and transparent for many years."

    The story that’s often part of Cruz’s speech while on the road is his family’s decision to invest in the campaign with its own finances, saying that he and his wife “liquidated” their life savings to put into the Senate run.