VOL. I · NO. 8623SATURDAY, OCTOBER 10, 20265¢
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WHITE HOUSE ✒ EDITORIAL ABSURDITY:

Troy Jackson files first financial disclosure—how wealth compares to Collins'

Filed 1h ago · Via Newsweek · The Buffoon Desk
THIS STORY IS SCORED
Circus Waltz
Kevin MacLeod · incompetech.com · CC BY 4.0
Photo: mlewi18 · CC BY 2.0 · via Wikimedia Commons

Troy Jackson, the Democrat challenging Senator Susan Collins in Maine, filed a financial disclosure this week after a nearly two-month extension, revealing up to $430,000 in combined assets with his spouse and no reported liabilities over $10,000. His income came mainly from consulting work for two unions, totaling over $130,000, plus smaller payments from a Maine nonprofit and a labor council.

Collins, by contrast, reported up to $10.1 million in assets in her own May disclosure, largely in mutual funds and stock, on top of her $174,000 Senate salary. A separate tracking site estimates her net worth near $7.1 million and roughly $83 million in stock trades executed on her behalf last year.

Both campaigns used the numbers as ammunition: Jackson's camp framed the gap as proof he understands paycheck-to-paycheck life, while Collins' camp needled him for taking the maximum extension and labeled one of his funding sources a dark money group. Jackson's camp pushed back, noting the group in question delivers food assistance.

The full dispatch is available from the source below.

✒ FROM THE EDITORIAL DESK
Every two years somebody discovers that incumbents who've been stacking stock trades for decades have more money than the guy who just got the job, and every two years both campaigns act surprised. The extension business is the only part worth a raised eyebrow, since nearly two months is a long time to find your own checkbook. Otherwise this is just two camps pointing at each other's bank statements and calling it a scandal.
Source: Read the original at Newsweek → Scored: Circus Waltz · Kevin MacLeod · CC BY 4.0
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