Sens. Mark R. Warner (D) and James Webb (D) both asked for and received extensions of up to 90 days before they have to file. Warner is regularly ranked among the richest members of Congress.
Top leaders’ finances
Reid, like more than half the Senate, is also a millionaire, with assets totaling at least $2.8 million. That figure could be much higher, because disclosure rules require stating only a broad range of value. So a 160-acre property he owns in Bullhead City, Ariz., is worth between $250,000 and $500,000.
His GOP counterpart, Senate Minority Leader Mitch McConnell (Ky.), is worth at least $9.7 million, including a money-market fund worth more than $5 million that was part of an inheritance from his father-in-law. McConnell and his wife, former labor secretary Elaine L. Chao, also own a Capitol Hill townhouse, with a carriage house out back, that is worth more than $1 million. The carriage house provides more than $5,000 a year in rental income.
In the House, the wealth of Speaker John A. Boehner (R-Ohio) appeared to drop in 2011: His minimum net worth fell from about $2.1 million to about $1.8 million. Boehner holds a variety of stocks as part of an individual retirement account.
The finances of House Majority Leader Eric Cantor (R-Va.) remained relatively stable: His minimum net worth jumped slightly, from $2.89 million to $2.98 million. Cantor reported that his wife earned income as a director of Domino’s Pizza, Media General and Edelman Financial Group. In 2011, Cantor took out a new mortgage for his home in Glen Allen, Va., adding at least $500,000 in debt.The financial disclosure forms also offer a window into the finances of the potential running mates for presumptive Republican presidential nominee Mitt Romney.
One leading contender, freshman Sen. Marco Rubio (Fla.), disclosed a minimum of $550,000 in debt from loans and mortgages. At least $100,000 of that comes from lingering student loans that the 40-year-old senator took out in the 1990s to pay for his undergraduate education at the University of Florida and his law degree at the University of Miami, a costly expenditure that Rubio highlighted during a floor speech last month as the Senate debated legislation that would continue low-interest loans.
Rubio also owes at least $100,000 on a rental property he owns in Tallahassee that provides him between $5,000 and $15,000 a year in income. The property — his only major asset — is worth between $100,000 and $250,000.
Another potential Romney running mate, Sen. John Thune (R-S.D.), also has a high level of personal debt, at $200,000 worth of mortgages on his South Dakota residence that were taken out from banks in Iowa and Nebraska in 2008 and 2011. Thune has at least $100,000 in assets in two other funds but only a handful of other assets that are much smaller in value.
Sen. Rob Portman (R-Ohio) has the most vast holdings of potential running mates from the Capitol.
Portman owes more than $250,000 on his mortgage from PNC Bank for his home in Cincinnati, in addition to a line of credit worth between $500,000 and $1 million that the bank issued the freshman senator in 2009, when he was in the private sector.
Portman, however, has an additional collection of assets and investments worth at least $7.5 million. Those include at least $1.6 million in trusts handed down from his father, William C. Portman, the founder of a successful Cincinnati equipment company who died in the final months
of his son’s 2010 Senate campaign.
Staff writer David Fahrenthold contributed to this report.