U.S. HOUSE Financial disclosure
Members of the U.S. House of Representatives were required to file their annual personal finances statements Monday for 2002. U.S. Rep. Tim Ryan of Niles, D-17th, serving his first year in the House, has a large debt, but is making more money at his new job than he did as state senator. As a House member, Ryan will make $150,000 this year; he made $57,400 last year as a state senator. Ryan, who went to law school, has a personal loan of more than $15,000 and a credit-card debt of more than $10,000. U.S. Rep. Ted Strickland of Lisbon, D-6th, who previously listed one savings account, now also lists a retirement account. U.S. Rep. Steven C. LaTourette of Madison, R-14th, listed one savings account and nothing else.
RYAN
Earned income: $57,400, earned as a member of the Ohio Senate.
Speaking fees, all donated to charity: none.
Major assets: Ohio Public Em- ployees Retirment System account, $1,001-$15,000.
Major sources of unearned income: none.
Major liabilities: personal loan, $15,001-$50,000; credit-card debt, $10,001-$15,000.
Gifts: none.
Narrative: Ryan, a freshman in Congress, has not accepted any free trips since being elected last November. His congressional salary of $150,000 started in January.
STRICKLAND
Earned income: $150,000.
Speaking fees, all donated to charity: none.
Major assets: joint savings account, $50,001-$100,000; retire- ment account, $15,001-$50,000.
Major sources of unearned income: interest from savings account, $1,001-$2,500; interest from retirement account, $1,001-$2,500.
Major liabilities: none.
Gifts: none.
Narrative: Strickland's wife, Frances, worked for Smith Educational Enterprises, Inc., last year. Strickland did not accept any free trips in 2002.
LaTOURETTE
Earned income: $150,000.
Speaking fees, all donated to charity: none.
Major assets: savings account, $15,001-$50,000.
Major sources of unearned income: none.
Major liabilities: none.
Gifts: none.
Narrative: LaTourette's wife, Susan, earned $26,000 last year working for the city of Willoughby. LaTourette didn't accept any free trips in 2002.
Source: Associated Press
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