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Renzi faced cash squeeze
Written by Paul Blumenthal on May 2, 2007 - 8:45am.
Read more: Rick Renzi (see all terms)
Read more: Rick Renzi (see all terms)
Source Name
The Hill
Snippit
Rep. Rick Renzi (R-Ariz.) took out a $500,000 second mortgage on his Flagstaff home in January after paying more than $300,000 in tax arrears discovered by a Federal Election Commission (FEC) investigation. The mortgage loan, revealed by Renzi in a document filed with Coconino County, Ariz., is worth the highest possible listed value of his house, and suggests the embattled lawmaker may have faced a substantial cash squeeze at the end of the last Congress.
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[ More in the Archive ]
Seats of Power: A Return to Skybox Lobbying?: Not long ago, lobbyists regularly entertained lawmakers and their aides in skyboxes at local sports arenas. But after a series of scandals on Capitol Hill, the law was changed to forbid congressional officials from accepting anything of value from lobbyists without repayment -- let alone the best seats in the house. (Washington Post)
Companies Start to Lift Veil on Political Spending: Ever wonder how much companies really spend to influence government through trade associations? Well, a few corporations are coming clean, or at least cleaner. (Washington Post)
Dems, GOP together nix Murtha earmark: Democrats and Republicans joined together to strip a pet project of Rep. John Murtha’s (D-Pa.) from the 2009 intelligence authorization bill — the same project Democrats defended last year. (The Hill)
NAPA launches collaboration Web site: If you’ve ever wished your federal agency could adopt wikis, use YouTube or delve into the virtual world but feared the security, technology and political barriers were too high to overcome, take heart. You’ve got supporters, and they have success stories. (NextGov)
Jefferson lawyers cite race case in change of venue request: Rep. William Jefferson’s (D-La.) lawyers have asked a federal judge to reconsider a ruling denying a change of venue for his corruption trial. (The Hill)
Jefferson Tries New Argument: Rep. William Jefferson (D-La.) has asked a federal court to use an international criminal law treaty to force the depositions of three people in Nigeria who have been implicated in corruption charges levied against him. (Roll Call)
Foreign Gifts Test Rules: Even as new ethics restrictions have made it difficult for Members and staff to accept gifts — aside from token baseball caps or T-shirts — one area remains where lawmakers and their staffs can collect trinkets more or less guilt-free: foreign travel. (Roll Call)
K St.’s ‘Max Out’ Crowd: The 20 top K Street donors this election cycle have handed federal candidates nearly $1.8 million in personal cash. The majority of that money, $1.3 million, has gone to help Democrats as the party in charge of Capitol Hill looks to expand its majority. (Roll Call)
Senator’s Ties to Real Estate Draw Criticism: He has made millions as a title insurance executive, landlord and real estate developer in this college town, where the economy, despite trouble nationwide, is still growing nicely. Now, as a United States senator, with the mortgage mess fueling a national economic slowdown, Richard C. Shelby has more say over the revamping of housing finance laws than almost anyone else in Congress. (New York Times)
Oil Lobby Reaches Out to Citizens Peeved at the Pump: Faced with a national outcry over the high price of gasoline and soaring profits for energy companies, the oil and gas industry is waging an unusually pricey campaign to burnish its image. (Washington Post)
[ More in the Archive ]