WASHINGTON — President Obama and his wife Michelle earned $2,936 in tax-exempt interest in fiscal 2008, while Vice President Joe Biden and his wife Jill did not report any in their 2008 tax returns released by the White House late Wednesday.

The Obamas’ tax-exempt interest stemmed from investments with Northern Trust Securities. They also reported $18,352 in taxable interest from U.S. Treasuries invested through Northern Trust.

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