Clinton keeps $23,602 in gifts received last year
Monday, May 15th 2000, 12:00 am
By: News On 6
WASHINGTON (AP) -- A saxophone, a $2,500 men's suit, assorted golf clubs and a wooden doll are among $23,602 worth of gifts
President Clinton received last year and has decided to keep.
Clinton's 1999 financial disclosure report released Monday listed a total of 28 gifts he wants to take with him when he leaves office.
In their 1999 financial disclosure form, Vice President Al Gore and his wife, Tipper, reported assets of between $882,010 and
These assets included their home in Arlington, Va., valued at $497,900; a home in Carthage, Tenn., appraised at $266,200; farm pasture land valued at $180,180; and other property and a house in Carthage worth $66,400. The assets also included individual retirement accounts and various credit union and bank accounts.
The Gores listed three liabilities totaling between $250,000 and $600,000. Two were for loans secured by homes in Arlington and
Carthage, and the third was a personal line of bank credit started in 1998 at Citizens Bank in Carthage.
The only gift Gore listed was $1,550 in legal time donated by long-time friend, James Neal of Nashville, Tenn.
The gifts Clinton listed included $1,515 in cufflinks and a book he got from former White House Chief of Staff Erskine Bowles of
Charlotte, N.C., a 78th PGA Championship limited edition golf putter valued at $400 he received from B. Andrew Fowler of Newport
News, Va., and a $1,350 cashmere throw from Sally Hershberger of New York, N.Y.
In 1999, the Clinton reported assets worth between $1.26 million and $5.7 million, the majority of which was in a blind trust valued
at between $1 million and $5 million.
A White House official familiar with the first family's finances said that since 1993, the Clintons have incurred $10.7 million in legal bills. They have paid off about $6.4 million, including $2.25 million last year. As of February of this year, they had a debt of about $4.3 million.