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McCain & Obama Release 2007 Financial Disclosure Forms

John McCain and Barack Obama yesterday released their 2007 Senate financial disclosure forms.  Among the interesting tidbits:

  • Despite a net worth of $24 – $40 million with his wife and her 2006 income of $6 million, McCain reported outstanding balances of $225,000 – $565,000 on four credit cards, three with American Express and one with Chase:
    • Two of the American Express cards are in his wife’s name and each had a $100,000 – $250,000 balance.
    • The other American Express card is for a dependent child and had a $15,000 – $50,000 balance.
    • The Chase credit card is a joint card with a $10,000 – $15,000 balance and a 25.99% interest rate.
  • The Obamas have $100,000 – $250,000 in section 529 college savings plans for each of their two daughters.

Press and blogosphere coverage:


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