Tuesday, 01 Oct 2024

Memoir contradicts Republican Senate candidate’s ‘below the poverty line’ tale

Memoir contradicts Republican Senate candidate’s ‘below the poverty line’ tale


Memoir contradicts Republican Senate candidate’s ‘below the poverty line’ tale

At a recent campaign event in Whitehall, Montana, the Republican US Senate candidate Tim Sheehy told voters that a decade ago, when he set up the aerial firefighting company through which he made his fortune, he and his wife were living "below the poverty line".

A little more than a month from election day, in a race that could decide control of the Senate, such hardscrabble tales are helping Sheehy lead the Democratic incumbent, Jon Tester, a longtime Montana farmer. The two men are due to debate in Missoula on Monday night.

But Sheehy's claim about living in poverty while building his company, Bridger Aerospace, is contradicted by his own memoir.

This, he writes, was in part thanks to having "lived quite frugally during our time in the military, spending a lot of time deployed, accumulating savings, taking advantage of base housing and meals, and of course spending almost nothing while on deployment.

"So, we had amassed a nest egg of close to $300,000. I also had some money that my parents had been putting away for me since I was a kid. All told, we had roughly $400,000 to allocate toward building a business and establishing a new life."

In 2014, as Sheehy got his company going, the US health department defined the poverty guideline for a family of three in Montana as $19,790. The poverty threshold, as defined by the US Census Bureau, was $19,055.

By his own account, Sheehy set out to build Bridger Aerospace with 20 times that - a sum he calls "not exactly chump change".

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