The Rich? They Get Elected
Posted on Nov 7, 2009
A day after it was announced that the U.S. unemployment rate had hit the double-digit mark, a report was released showing that nearly half of the members of Congress are millionaires, seriously questioning the notion that our lawmakers identify with “we the people.”
Hilariously enough, four of the top five richest lawmakers in Congress are Democrats. —JCL
Talk about bad timing.
As Washington reels from the news of 10.2 percent unemployment, the Center for Responsive Politics is out with a new report describing the wealth of members of Congress.
Among the highlights: Two-hundred-and-thirty-seven members of Congress are millionaires. That’s 44 percent of the body – compared to about 1 percent of Americans overall.
CRP says California Republican Rep. Darrell Issa is the richest lawmaker on Capitol Hill, with a net worth estimated at about $251 million. Next in line: Rep. Jane Harman (D-Calif.), worth about $244.7 million; Sen. Herb Kohl (D-Wis.), worth about $214.5 million; Sen. Mark Warner (D-Va.), worth about $209.7 million; and Sen. John Kerry (D-Mass.), worth about $208.8 million.
Rep. Darrell Issa, with a net worth in the quarter-billion-dollar range, is the wealthiest member of Congress.