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.
Thanks to taxpayers
Hey Rusty, Here is our taxes paying for this lying, deceit full Bitch!
so what, their smiles do not look genuine, money cannot buy happiness, so maybe they will wake up and tend to the needs of others around them genuinly, if they did, and live really like that day by day, they would not be able to live with their conscience and hoard millions to themselves while other’s die.
well for the first time in history our country is at its worst ,but as long as they have money I guess that’s all that matters, not our vets ,military, jobs and so on…we all will answer for what we do…
MONEY TALKS AND THIS BUNCH SQAUKS, PLEASE REPLACE ALL THESE IDIOTTS.
Once they get there andmeet all the others that do favors for each other and start to receive bribes from others that wants a favor and that was so easy and no taxes to pay . They start to get greedy and the end results is they want more and more and we the people pay the price
they should they have been selling their soul for the last 6 years
Yep, the people in congress get richer and we are getting poorer….
That should be a DISQUALIFIER!
YES,on the tax payers dime,with all the pork they always put in their bills,they get the kick back somehow,if we the people did the same,we get prosecuted..????????.Its time to limit terms to only two and no,BENEFITS except OBAMASCARES..2014 2016