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May 15, 2008 8:17 am US/Pacific
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Cheney, Bush Disclose Financial Assets
WASHINGTON (AP) ―
The millions of dollars in assets reported by Vice President Dick Cheney and his wife, Lynn, nearly triple those held by President Bush and the first lady, Laura Bush, according to newly released financial disclosure forms.
These reports, which were required to be filed by Thursday, show that the value of both couple's assets remained about the same in 2007 as in the previous year.
The reports show that the assets of the president and his wife totaled at least $7.2 million, including the 1,583-acre ranch in Crawford, Texas, valued at $1 million to $5 million. The previous year, the assets of the president and his wife, Laura, were worth at least $7.5 million.
The assets of Cheney and his wife, Lynne, amounted to at least $20.8 million last year, compared to $21.3 million in 2006.
Because the forms only require public officials to report their income and assets in imprecise ranges, the actual numbers can vary widely.
If their incomes and assets are at the upper end of the range, the Bushes would be worth nearly $20 million and the Cheneys would be worth nearly $100 million.
The president and vice president also reported receiving a number of gifts last year.
The most expensive was a $6,160 bike that a Waterloo, Wis., manufacturer gave the president, an avid biker.
The Greenbriar Lodge of Carlisle, Ark., hosted Cheney for two days of hunting and gave the vice president a hunting vest and a hardcover book, "Duck Calls: An Enduring American Tradition," all valued at $1,600.
(© 2008 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)