Former U.S. Rep. Tim Mahoney in need of stimulus
Like the federal government he once was a member of, former U.S. Congressman Tim Mahoney is running in the deep red.
Mahoney, 52, can’t cover his daily bills these days, according to a fresh batch of paperwork filed in a Palm Beach County court in connection with his divorce case.
The former Democratic representative, whose district stretched from Palm Beach to St. Lucie counties and across Florida, claims he makes $4,341 a month as a business adviser while his expenses are $10,851. He runs a $6,510 deficit each month.
Almost half of his expenses, his financial statement shows, are for the couple’s Palm Beach Gardens home, a barn and 5 acres on 114th Court in the western confines of Palm Beach Gardens, a condo in Canada and 30 acres in Oklahoma.
Don’t shed a tear for the man with the numerous mistresses, though. Even if he’s worth less than what the popular wisdom would have you believe — he once was a venture capitalist — Mahoney isn’t poor.
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