The McCains' Credit Card Debt: Dilemma or Distraction?
Added 605 days ago on June 14th, 2008
Sen. John McCain (R-Ariz.) and his wife reported more than $100,000 of credit card liabilities, according to financial disclosure documents released Friday.The presidential candidate and his wife Cindy reported piling up debt on a charge card between $10,000 and $15,000. His wife's solo charge card has between $100,000 and $250,000 in debt to American Express.McCain's wife also has a second American Express charge card listed on the senator's financial disclosure that was carrying $100,000 to $250,000 in debt. Another charge card with American Express, this one for a "dependent child," is carrying debt in the range of $15,000 and $50,000.Cindy McCain reported a wealth of assets, including properties in Arizona and one she sold in La Jolla, Calif. for more than $1 million in profit.In addition to his Senate salary, McCain received an annual pension from the U.S. Navy that is worth more than $58,000.Democratic candidate, Sen. Barack Obama (D-Ill.), reported no liabilities in his annual financial disclosures.
Source: thehill.com
» Link
Top 5 Related Issues
- Should the Democrats be willing to start from scratch on a bi-partisan Health Care Cost Reform Bill?
- Should voting rights be subject to a literacy test?
- Who should go, Geithner or Bernanke?
- Is it time for the President to Stop Blaming Bush?
- Cindy McCain is FOR same-sex marriage - she must not be a Republican!
Be the first to post a comment!
Most Recent
Share This
Digg
Reddit
del.icio.us
Netscape
StumbleUpon
Furl
ma.gnolia
Newsvine
Technorati
Google