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 […]