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.
ROME, LOOK UP ROME. It’s not a career! Serve your term and go home!! http://www.goooh.com
right off of the tax payers backs. they should be limited to making the average wages earned by the people that elected them, and not a penny more. period.
With all the courrption in the Congress why isn’t this a big surprise.
This is no surprise to barack’s supporters, who listen to CNN, MSNBC, CBS, NBC and ABC for facts.
That Should Prove the REAL Reasons They are THERE ans YOU Can’t Get their ASSES OUT!
Why the f–k not ? It’s our money !!!
Dosent take much thinking to tie money and corruption together and is still another reason for term limits
paid off by the muslims
And they GOT all that money from the U.S. Taxpayers!!!
The United States used groups like the National Endowment for Democracy and guys like George Soros to fund the violence in the Ukraine. The Sanctions against Russia are wrong and stupid.