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Disclosure documents show President Bush's assets totalling some $7 million

Canadian Press Article online since May 14th 2008, 23:00
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Disclosure documents show President Bush's assets totalling some $7 million
U.S. President George W. Bush, right, and U.S. first lady Laura Bush, are seen during a welcoming ceremony upon their arrival in Ben Gurion airport near Tel Aviv, Israel, Wednesday, May 14, 2008. Bush is in Israel for the 60th anniversary celebrations. THE ASSOCIATED PRESS/Ariel Schalit
WASHINGTON - Newly released disclosure forms show the value of assets held by President George W. Bush and his wife, Laura, were around $7 million last year, little changed from 2006.
Documents covering the assets held by Vice-President Dick Cheney and his wife, Lynn, were also largely unchanged, though almost triple those held by the president and his wife.
The reports show that Bush and his had assets totalling at least $7.2 million in 2007. That was down from $7.5 million in 2006, include their 640-hectare ranch in Crawford, Texas, valued at $1 million to $5 million.
The assets of Cheneys totalled at least $20.8 million last year, compared with $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.
The president and vice-president also reported receiving a number of gifts last year. The most expensive was a $6,160 bike that a Waterloo, Wis., manufacturer gave the president, an avid cyclist.
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