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Rangel foe's tax problems


Rep. Michael McCaul, one of the richest Members of Congress, appears to have failed to fully disclose
dozens of stock transactions worth millions of dollars on his annual financial disclosure reports for 2008 and 2009.

McCaul is the ranking member overseeing the ethics trial of Rep. Charlie Rangel, which is set to begin this month
on charges that Rangel failed to report or misreported assets or income on his disclosure forms between 1998 and 2008.

A Roll Call analysis of McCaul’s annual reports found the Texas Republican did not fully detail
the 2008 sale of Clear Channel stocks owned by his spouse, including the date of the transaction.

Charlie Rangel ain't no bandleader.

He's going to fight these charges.


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