Udall answers GOP charges, denies using taxpayer dollars on personal wealth management

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Colorado Sen. Mark Udall, a Democrat, faces reelection in November.

DENVER — Colorado Democratic Sen. Mark Udall is responding to charges from Republicans that the taxpayer money he used to pay a wealth management firm was for personal use.

Udall didn’t respond to the Washington Free Beacon, a conservative “news” website, which posted a story Tuesday with the headline: “Mark Udall Spent Your Tax Dollars on A Wealth Advisory Firm.”

Later Tuesday, Colorado Republican Chairman Ryan Call put out a statement echoing that charge and citing a report showing that Udall is “richer than [GOP challenger Cory] Gardner.”

“While most Coloradans are struggling just to balance their checkbook, it sure looks like Sen. Udall is using taxpayer funds to manage his own personal fortune,” Colorado Republican Committee Chairman Ryan Call said.

But Udall’s campaign told FOX31 Denver Tuesday that the charge is “100 percent false.”

The $4,500 his office paid to BSW Wealth Partners over the last three years, was to make sure that his personal financial disclosure forms required by federal law were in compliance.

“These were approved by the Senate Rules Committee to comply with the Senate’s requirement to file an annual financial disclosure report that’s available to the public,” Udall for Colorado spokeswoman Kristin Lynch explained.

“Similar expenses have been approved for multiple Republican Senators, including Tom Coburn and Dean Heller.”

The Washington Free Beacon, Udall’s campaign pointed out, was founded by a GOP operative “who worked for Sarah Palin and Liz Cheney” and “admitted to contracting Republican opposition researchers to dig up stories.”

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