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Bushes', Cheneys' Assets Fall Slightly in 2008

Thursday, May 15, 2008

WASHINGTON —  The assets held 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.

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