Saturday, June 17, 2006

A 20-gauge shotgun worth $2,073 that Katharine Armstrong and 10 other friends gave to Karl Rove

Rove discloses $2,073 shotgun as a gift

By The Associated Press

WASHINGTON — The owner of the South Texas ranch where Vice President Dick Cheney accidentally shot a hunting companion chipped in for the gift of a shotgun for presidential aide Karl Rove last year.

Specifically, a Beretta 687 Silver Pigeon II, a 20-gauge shotgun worth $2,073 that Katharine Armstrong and 10 other friends gave the senior adviser and deputy chief of staff to President Bush, according to financial-disclosure forms released Friday for top White House aides.


The only detail provided by White House spokesman Ken Lisaius was that the shotgun was a gift to Rove from friends.

Rove's disclosure revealed he is worth between $1.8 million and $6.9 million, mostly in stock and bond funds, a rental house in Ingram, Texas, and a Florida beach house. He reported receiving several other gifts, including from Nancy Reagan a $411 shadowbox with silver coins that included former President Reagan's signature.

The disclosures cover 2005. Federal ethics laws require that financial information be reported in broad ranges.

White House chief of staff Joshua Bolten listed assets worth $1.1 million to $2.3 million, including a vacation home in Key West, Fla., worth $500,000 to $1 million.

Bolten reported receiving tickets worth $8,000 to the Kennedy Center for the Performing Arts, two for the National Symphony season-opening ball in September 2005 and two for the Kennedy Center Honors in December 2005.

Joel Kaplan, the former deputy White House budget director who is now a deputy chief of staff, listed $60,000 to $115,000 in law-school loans and reported that he took out a nine-month loan in 2005 to buy a Tiffany engagement ring worth $15,000 to $50,000.

Bush's national-security adviser, Stephen Hadley, listed assets held by him, his wife and his two daughters worth $2.8 million to $6.8 million. His holdings include money-market accounts, CDs, investment funds, life-insurance policies, a real-estate partnership, retirement accounts and education funds.

Dan Bartlett, counselor to the president, has from $417,021 to $1.1 million in stock, bond and money-market funds, about the same as last year. His assets include land in Kerr, Texas, worth $15,000 to $50,000.

Allan Hubbard, Bush's top economic adviser, and his family reported assets of $11.7 million to $52 million in private holdings, retirement accounts and other business investments. He reported that the total included his wife's assets of between $9.8 million and $46.7 million and his children's assets of between $500,000 and $2.8 million.

Copyright © 2006 The Seattle Times Company

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