Friday, 10 January 2014

Most US Congress members are now millionaires

Most US Congress members are now millionaires
Jan 10th 2014, 11:24, by Rich McCormick

More than half of the members of US Congress are now millionaires. According to personal financial disclosure data filed last year and analyzed by the Center for Responsive Politics, at least 268 members of the House of Representatives and the Senate had an average net worth of $1 million or more in 2012. This marks the first time in history that the majority of the United States' lawmakers have fortunes totaling more than $1 million.
The data, filed in May last year for the 530 members of Congress at the time, put their median net worth at $1,008,767, an increase on the previous year's figure of $966,000. According toOpenSecrets, at least one of the Congressional members elected since the disclosure data was filed is also a...
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