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Clinton disclosures didn't list $24 million of Bill's incom
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hillarynews
Joined: 24 Jan 2007 Posts: 2255
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Posted: Wed May 07, 2008 2:01 am Post subject: Clinton disclosures didn't list $24 million of Bill's incom |
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Clinton disclosures didn't list $24 million of Bill's income
By Greg GordonSen. Hillary Clinton excluded nearly $24 million of her husband's earnings from Senate financial statements from 2004 through 2006, capitalizing on rules that permit senators to limit disclosures of some of their spouses' income.
Category: Top Story
By Greg GordonSen. Hillary Clinton excluded nearly $24 million of her husband's earnings from Senate financial statements from 2004 through 2006, capitalizing on rules that permit senators to limit disclosures of some of their spouses' income.Her decision, while fully consistent with Senate rules and norms, delayed the release of financial information about former President Clinton's soaring income until the couple released their tax returns in early April, under pressure from Democratic presidential rival Barack Obama. By then, about 40 states had completed their Democratic primaries and caucuses, meaning that those voters didn't get a clear look at Bill Clinton's finances.Like Clinton, Obama listed his wife Michelle's salary and directors' fees only as “over $1,000,'' which complies with Senate rules. Obama and his wife, a Chicago lawyer, aren't as wealthy as the Clintons, however, and their finances are less murky.GOP candidate John McCain's wife, Cindy, is the heiress to a beer distributorship and has owned stock in oil and pharmaceutical companies, but the specifics are elusive. McCain has declined to release his wife's tax returns, saying they keep their finances separately.Watchdogs say these scenarios not only raise issues about the candidates' openness, but also point to shortcomings in government ethics requirements.Bill Buzenberg, the executive director of the Washington-based Center for Public Integrity, said that the disclosures by the Clintons and McCain were “inadequate.''“There's no other way to sugarcoat it,'' he said. “It's not transparent. It needs to be because it does potentially involve all kinds of entangling things we don't know.''
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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