Cheneys Held an Estimated $5.6M in Tax-Exempts; Bushes Again Held None

McConnell, Alison L.
April 2006
Bond Buyer;4/18/2006, Vol. 356 Issue 32362, p4
Trade Publication
The article reports that the U.S. Vice President Richard Cheney and his wife, Lynne Cheney have held an estimated 5.6 million dollars tax-exempt securities while U.S. President George W. Bush and his wife, Laura Bush, held no tax-exempt debt in 2005. For the sixth year running, the Bushes did not report earning any interest from tax-exempt securities. Based on a 10-year average rate of the 20-bond general obligation index and 30-year revenue bond index of 5.31 percent, the Cheneys owned roughly 5.58 million dollars of tax-exempt bonds in 2005.


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