Georgia GOP candidate's courtroom slip reveals lucrative stake in Trump's pet project

Georgia Republican gubernatorial nominee Rick Jackson quietly loaned $20 million at 12 percent interest to a Texas oil refinery that President Donald Trump has hailed as a crown jewel of his “energy dominance” agenda – and that deal is now becoming a liability in one of the country’s tightest governor’s races.The healthcare billionaire’s loan and ownership stake in America First Refining came to light during his U.S. Tax Court fight with the IRS over deductions tied to low-budget movie productions, Bloomberg News reported. Asked whether any of his firm’s loans had been especially successful, Jackson pointed to the Brownsville, Texas, refinery.“One is that we’ve invested a loan of $20 million,” Jackson testified, according to a transcript reviewed by Bloomberg. “They’re paying 12 percent interest, 1 percent a month interest and it’s been working.”“It is the first oil refinery in the United States in the last 50 years that’s going to...