{"id":77162,"date":"2023-08-23T11:38:33","date_gmt":"2023-08-23T15:38:33","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/georgia-sen-raphael-warnock-used-loophole-to-bypass-outside-income-limit-by-125k-77162"},"modified":"2023-08-23T11:38:33","modified_gmt":"2023-08-23T15:38:33","slug":"georgia-sen-raphael-warnock-used-loophole-to-bypass-outside-income-limit-by-125k","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/georgia-sen-raphael-warnock-used-loophole-to-bypass-outside-income-limit-by-125k-77162","title":{"rendered":"Georgia Sen. Raphael Warnock used loophole to bypass outside income limit by $125K"},"content":{"rendered":"
\n

Democratic\u00a0Georgia Sen. Raphael Warnock<\/a>\u00a0bypassed outside income limits last year by using a “fabricated” loophole, according to a report.<\/p>\n

Warnock’s financial disclosure shows he received $154,895 in compensation from Atlanta’s historic Ebenezer Baptist Church in 2022, while outside income for senators is limited to around $30,000.\u00a0<\/p>\n

However, Warnock exceeded the limit by claiming that $125,000 of his pay from the church was “deferred compensation for services before January 20, 2021,” the\u00a0Washington Free Beacon<\/a>\u00a0reported.<\/p>\n

DON’T MISS: SIGN UP AND WATCH THE FIRST REPUBLICAN PRESIDENTIAL PRIMARY DEBATE ON FOXNEWS.COM.<\/strong><\/a><\/p>\n

“If it was inaccurately reported on his filing and the money was actually earned after he became a senator, then the outside earned income limit would apply,” Kendra Arnold, executive director of the Foundation for Accountability and Civic Trust, told the Free Beacon.\u00a0<\/p>\n

“In that case the legal issue that would arise (in addition to exceeding the outside income limit) is filing inaccurate or false information on a personal financial disclosure, i.e. wrongly saying it was deferred compensation when it wasn’t,” Arnold said.<\/p>\n

CORI BUSH POCKETED THOUSANDS TO TEACH GRADUATE-LEVEL REPARATIONS COURSE AT GEORGE MASON, DISCLOSURES SHOW<\/strong><\/a><\/p>\n

Warnock’s office did not immediately respond to a request for comment. The Ebenezer Baptist Church also did not respond to an inquiry on its financial setup with Warnock and the “deferred compensation.”<\/p>\n

Warnock began serving as senior pastor at Ebenezer Baptist Church in 2005 and has continued in the role part-time. His arrangement with the church and surrounding controversies became a centerpiece of Republican Senate candidate\u00a0Herschel Walker’s failed campaign <\/a>against Warnock last year.<\/p>\n

Georgia Secretary of State Brad Raffensperger also set his sights on a foundation tied to Warnock’s church. Last fall, Raffensperger\u00a0probed the Ebenezer Building Foundation<\/a>\u00a0\u2013 operated by the Ebenezer Baptist Church \u2013 on its nonprofit status after it failed to register as a charitable organization in the state.<\/p>\n

HERSCHEL WALKER’S CURIOUS CASE OF $595K IN PRIVATE JETS AND A DONOR-OWNED CAR WASH<\/strong><\/a><\/p>\n

The Ebenezer Building Foundation owns a low-income housing unit that pursued evicting residents over past-due rent as low as $25.88, the Free Beacon reported.\u00a0<\/p>\n

Warnock, meanwhile, had received a staggering $7,417 monthly housing allowance from the church.<\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/georgia-sen-raphael-warnock-used-loophole-to-bypass-outside-income-limit-by-125k <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Democratic\u00a0Georgia Sen. Raphael Warnock\u00a0bypassed outside income limits last year by using a “fabricated” loophole, according to a report. Warnock’s financial disclosure shows he received $154,895 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-77162","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nGeorgia Sen. 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