House of Millionaires: Most Hill lawmakers worth $1M-plus, report finds
Congress is making history, sort of. For the first time, most congressional lawmakers are worth $1 million or more.Wow. So, who saw this comin'? More than half of our congresscritters are bona fide millionaires. A more interesting bit of information would be to find out who *started* as millionaire before taking office as opposed to who *became* a millionaire while in office. And where that money came from.
The Center for Responsive Politics analyzed the personal financial disclosure data filed in 2012 by all 534 current members of Congress and found just over half -- at least 268, to be exact -- had an average net worth of $1 million or more.
Also interesting to see that it's split pretty evenly down party lines - with the average net worth of Republicans just a skosh less than the Democrats. That sure as heck isn't what the media caricature of the GOP looks like, is it?
As in life, follow the money - *someone* is getting something for enriching Congress, and it sure as hell ain't us.
That is all.