Libya
In late 1978 and early 1979, Billy Carter visited Libya three times with a contingent from Georgia. He eventually registered as a foreign agent of the Libyan government and received a $220,000 loan. (Edwin P. Wilson claimed he had seen a telegram showing that Libya paid Billy Carter two million dollars.) This led to a Senate hearing on alleged influence peddling which the press named "Billygate". A Senate sub-committee was called To Investigate Activities of Individuals Representing Interests of Foreign Governments (Billy Carter-Libya Investigation). On August 4, 1980, President Jimmy Carter wrote: "I am deeply concerned that Billy has received funds from Libya and that he may be under obligation to Libya. These facts will govern my relationship with Billy as long as I am president. Billy has had no influence on U.S. policy or actions concerning Libya in the past, and he will have no influence in the future."
After the failure of Billy Beer, Carter was forced to sell his house to settle back taxes owed to the IRS. He later owned and operate a gas and service station in Plains.
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