It came the week after he left the U.S. Senate, but Jon Kyl has now filed the financial disclosure statement that all candidates and officeholders generally file before serving the public. In it, he discloses that: (1) he had been involved with many companies that do significant business with the federal government, (2) his salary as a part time ASU professor averaged $64,000, (3) he provided previously undisclosed legal/advocacy services for APS, SRP and others, and (4) non-Senate life increased the Kyls’ net worth by more than seven fold.
There had been much speculation in the media that Kyl was trying to avoid filing a financial disclosure statement at all, although Arizona’s Politics recently pointed out he was still obligated to file the report by the extended deadline even though he would not be in office. Sure enough, the report was filed late yesterday evening.
The eye-popping numbers come on the first page of the report (below) when the Senator lists his income sources for the past two years*. His averaged annual compensation for his lobbying position with Covington & Burling is $930,000. In addition, he received approximately $128,912 during the period Continue reading