For the first time in history, the majority of members of Congress are millionaires.
We’re also witnessing the the most corrupt US government we’ve ever seen.
Gee, think there could be a connection?
For the first time in history, a majority of lawmakers in Congress are millionaires at a time when Americans feel that Congress and those in the “Boomtown” that is Washington, D.C. are becoming more removed from their everyday lives.
According to a Center for Responsive Politics’s analysis of “the personal financial disclosure data from 2012 of the 534 current members,” 268 lawmakers in Congress had an average net worth of at least $1 million. That was up from 257 from the year before.The Center for Responsive Politics found that the “median net worth for all House members was $896,000 (Democrats averaged $929,000 to Republicans’ $884,000) and, for Senators, $2.5 million.” In the Senate, “the median net worth for Senate Democrats was $1.7 million, down from $2.4 million in 2011; for Republicans: $2.9 million, up from $2.5 million in 2011.” According to the report, “the median for congressional Democrats was $1.04 million and, for Republicans, $1 million.”
Rep. Darrell Issa (R-CA) is the wealthiest lawmaker in Congress with a reported average net worth of $464 million in 2012 and the “least-wealthy member was Rep. David Valadao (R-Calif.), who reported an average net worth of negative $12.1 million.” According to the Center, Valadao is in debt “due to loans for his family’s dairy farm.”
To calculate the net worth of members of Congress, “the Center added together members’ significant assets, such as corporate bonds and stocks, then subtracted major liabilities such as loans, credit card debt and property mortgages.” The average net worth of each lawmaker in Congress can be found here.
You think it’s all about the money
This bitch needs to be strapped to a table and a needle stuck in her arm. Personally, I would rather see her get a firing squad, but I am willing to extend one last act of kindness.
What’s wrong with this picture
Well if they want to share the wealth, I will go to the head of the line! But don’t count on it. Lol
i guess we now know where all the money that they charged us for the obamacare went
Tax the hell out of them. They should have to pay for all the c**p laws they have passed.
isn’t it amazing that they all become millionaires on $173,000 a year? How come I can’t become a millionaire? Maybe because I’m honest?
Term limits.
sure would love to throw a p**p balloon at her ugly old face
Well no $#%&!@*