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.
That may be part of the problem, they think that everyone has money to burn,,just like they do..
wow we vote people in so that they can do nothing but get rich what a country
come on people doesn’t any one know that 1+1= 2 ANY MORE this has been going on for along time your bills are not getting higher and higer for the reason they say if you have common sence you should know this
Not according to Hillary… HAHA
Senile…can’t find her words so easily anymore…..
How did they get all that money live on there expense accounts
thats because their getting paid off to shut their mouth’s about the true identity of the usurper in our white house BARRY SOETORO
they are are greedy and don t care about the constution they swore to uphold or the regular people
She is a hooker ………bitch……gives head to senators
time for a change