The Truth-O-Meter Says: Conservative group says Jeanne Shaheen's wealth has 'surged' since '08 elect [View all]

http://www.politifact.com/truth-o-meter/statements/2014/sep/02/ending-spending-action-fund/conservative-group-says-jeanne-shaheens-wealth-has/

Conservative group says Jeanne Shaheen's wealth has 'surged' since '08 election
Ending Spending Action Fund on Monday, August 25th, 2014 in a campaign ad

Sen. Jeanne Shaheen, D-N.H., insists an ad running against her is so blatantly false that her campaign asked a station to take it down. Meanwhile, the makers of the ad, the conservative group Ending Spending Action Fund, told us the ad is "100 percent accurate."

~snip~

Brian Baker, president of Ending Spending, emailed us the backup for the ad. He also told us that the despite Shaheen's protests, the ad continues to run in New Hamsphire, though it was tweaked to add a citation at the request of one television station.

~snip~

According to OpenSecrets.org, in 2008 when Shaheen was elected to the U.S. Senate, her net worth was $3.4 million. This is calculated by finding the mean of her total assets, which ranged from $2.94 million and $6.08 million, and subtracting the mean of her total liabilities, ranging from $650,000 to $1.5 million. Many of her assets are listed as shared with her husband, Bill Shaheen, with whom she files taxes jointly.

Using the same methodology, OpenSecrets.org estimated Shaheen’s networth in 2012 was $5.4 million. Ending Spending compared the 2008 numbers with 2012 and came up with a $2 million increase.