The Majority of Current Congress Members are Millionaires

For the first time ever, the majority of Congress members are millionaires: Among the 534 current members of Congress, at least 268 had an average net worth of $1 million or more for 2012, the CRP said, citing disclosure forms filed last year. A year ago, the total stood at 257 members, or about 48%. The group said the new figure “represents a watershed moment at a time when lawmakers are debating issues like unemployment benefits, food stamps and the minimum wage, which affect people with Read more […]

The Majority of Congress Members are Millionaires

Well, you can add another moniker to the list for everyone’s least favorite Congress of all time. We already have “Do-Nothing Congress.” Now, there’s “Congress of Millionaires.” That’s right. In a time when unemployment is worse than ever (having dipped unexpectedly in December) and economic times are tough for the majority of Americans, the majority of the people we elected to represent us are millionaires. According to TIME magazine: The Center for Responsive Politics analyzed the Read more […]