For The First Time, Congress Mostly Millionaires
A new analysis from the Center for Responsive Politics shows more than 50 percent of members of Congress have a net worth greater than $1 million.By Matt Picht | January 9, 2014
Last year's Congress — in addition to being the least productive and least popular Congress on record — was also the richest.
According to a new analysis by the Center for Responsive Politics, the 113th Congress had a median net wealth of just over $1 million dollars. It's also the first time in history more than 50 percent of Congress have been millionaires, in what the Center calls "a watershed moment at a time when lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage."
Topping the list is California's Republican representative Darrell Issa, whose average net worth was around $464 million. Issa made his fortune in the car alarm business and has consistently ranked as one of Congress's wealthiest members. (Via Politico)