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.
stripped these $#%&!@*ing $#%&!@*s of the bank accounts & get us out of debt
STUPID OLD BAG ,TIME FOR RETIREMENT
yaaaaaa millionaires on are money !!!!!!
Time is short for all of us Nancy Pelosi. Repent now your millions will do you no good in the next life.
Nancy ,go home!!!!
AND THEY ARE RUNNING OUR COUNTRY SO FAR IN DEBT AND DO NOT CARE ABOUT US OR THIS COUNTRY AT ALL.WOULD LOVE TO SEE WHAT HAPPENS WHEN THEY MEET THEIR GOD IF THEY HAVE ONE.
We have become a two class, the have ‘s and the have nots. We the people placed our trust in this political machine when we should have trusted God. This machine only function is to pad their pockets at the people’s expense. Make things right by voting all incumbent ‘s out of office, place term limits and place a ceiling on how much they can earn while in office and remove the special interest groups from the equation! ……..COOP
Ya think?
all those Millions and no face job
Plastic faced old bat.