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Kavanaugh reports a relatively modest finances, debt relief

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WASHINGTON (AP) — The review of the Supreme Court nominee Brett Kavanaugh is only at the beginning, but his public financial disclosures to make one thing clear: He is not so wealthy, how many already on the high court.

Disclosure forms for 2017 to show that the Federal judge would come to the nation pays the highest court with just two investments, including the bank account, together with a maximum of $65,000, together with the balance on a loan of $15,000 or less.

Separate from the disclosure forms, the White house said that between Kavanaugh retirement account balance of $400,000 to $500,000 US dollars, and the equity in his home in Chevy Chase, Maryland, he has over a million dollars in wealth.

If confirmed, his relatively modest means of the rank Kavanaugh in the lower floor of the personal finances of members of the court. Some of his potential future colleagues-list, the millions of dollars in investments.

The records also showed that Kavanaugh, a Federal appeals court nominated judges by President Donald Trump to replace retiring justice Anthony Kennedy, the between $45,000 and $150,000 in credit card debt in 2016, which was paid through the following year.

In 2016, he also reported a loan balance between $15,000 and $50,000.

The White house said some of Kavanaugh’s credit card debt is recorded on its 2016 financial form was due to to buy season tickets for the Washington Nationals stressed for yourself and some friends, but the officials that he was reimbursed for the friends tickets in the year 2017.

The White house will not say how much of the debt came from ticket purchases, or the name of the friends in the transactions involved.

Other costs, which are included on the credit card expenditure for your household and “other elements”.

The documents do not provide a complete data set of Kavanaugh’s finances.

For example, primary residences-often a person’s largest asset-are not listed. And the value of the investment and the debt is only reported in broad ranges, such as the amount of debt.

“At this time, the Kavanaughs no debt beyond their mortgage,” said White house spokesman Raj Shah.

The annual salary in 2018 for a judge of the circuit court $220,600, according to the Administrative Office of the U.S. Courts.

A 2017 report from the Center for Public Integrity said that at least six of the nine justices were millionaires, with justice Stephen Breyer reporting a minimum net worth of $6.15 million in 2016, and Chief Justice John Roberts, a minimum reportable net worth of more than $5 million. The report pointed out that the information is to be made, in many areas, to know that it is hard to find exact numbers.

About Kavanaugh is poorer than the other, many of which had substantial revenues in the years of the non-governmental legal work, Shah said: “He devoted his life to public service.”

 

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