WASHINGTON, Jan. 14 (UPI) -- Republican presidential hopeful Ted Cruz said he will amend his financial reports from his 2012 U.S. Senate bid to reflect a nearly $1 million loan if federal authorities determine the amendment is necessary.
Cruz, in response to a New York Times report, said not disclosing the loan from Goldman Sachs was a "technical and inadvertent filing error." The Times reported Ted and Heidi Cruz obtained low-interest loans from Goldman Sachs and Citibank, for a maximum of $1 million, but they were not disclosed on campaign finance reports at the time. Candidates must report the sources of borrowed money to the Federal Election Commission.