TITLE

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

AUTHOR(S)
McConnell, Alison L.
PUB. DATE
April 2006
SOURCE
Bond Buyer;4/18/2006, Vol. 356 Issue 32362, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
20597453

 

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