Rubio's cash needs: run for president, replace fridge ...

Save Story
Leer en Español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WASHINGTON (AP) — Republican presidential hopeful Marco Rubio says he's not poor, but he's not rich either.

And that, he says, explains why he cashed out some of his retirement accounts last year.

The Florida senator tells "Fox News Sunday" he wanted the cash because he's running for president — but also because his refrigerator broke and "that was $3,000," his air conditioner had to be replaced and his kids' schools are getting more expensive.

Rubio sold retirement funds worth more than $68,000 last September, according to his personal financial disclosure statement. He made the sale even though he apparently had ample cash in the bank. He reported between $100,000 and $250,000 in a checking account and between $50,000 and $100,000 in a money market account at the end of 2014.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Politics stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast