Obama and his wife, Michelle, in April reported income of
$503,183 last year. As president, Obama is entitled to a
In financial disclosure forms released on Thursday, the
president reported outside income of between about $180,000 and
$482,000 from book royalties and investments.
The president reported a 30-year mortgage of between $500,000
and $1 million on his Chicago residence at a 5.625 percent
interest rate. He has retirement plans from the Illinois General
Assembly and the University of Chicago.
Vice President Joe Biden reported assets of between about
$230,000 and $850,000. He is entitled to a $230,700 salary.
Biden listed outside income of between about $30,000 and
$105,000, principally from rental property and book royalties.
Biden's liabilities include a mortgage of between $500,000 and
$1 million at a 3.375 percent interest rate and a home equity
line of credit of between $250,000 and $500,000.
Biden split a $50,000 award from the Pennsylvania Society in
equal parts, with contributions to the Pennsylvania Coalition
Against Domestic Violence and Women Against Abuse in
(Reporting by Mark Felsenthal; Editing by Dan Grebler)
[© 2014 Thomson Reuters. All rights
Copyright 2014 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.