Cash money Congress profits off corruption and fraud
The average member of Congress is worth 18 times the average American household, according to the Center for Responsive Politics.
The average net worth of a lawmaker is $1,029,505 in 2013 – a 2.5% increase from 2012 – whereas the average American’s household is worth $56,355.
Not only that, but 50.8% of Congress are millionaires.
“While the median net worth of an American family has declined by nearly one-third between 2007 and 2013, members of Congress have recovered quite well from the recession,” Russ Choma of the CRP reported. “The Senate’s median net worth went from $2.3 million to $2.8 million over that period, while for members of the House the numbers went from $708,500 to $843,507.”
“…Overall, CRP’s annual analysis of lawmakers’ financial statements once again shows that they are not remotely similar to the typical American in terms of wealth, investments and economic security,” he added.
Written by Kit Daniels
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