Net Worth of U.S. lawmakers up 25% in 2 Years- No “Great Recession” for Congress?

November 9, 2011

Government/Politics

Net Worth of Lawmakers Up 25 Percent in Two Years, Analysis Demonstrates

By Paul Singer and Jennifer Yachnin
Roll Call Staff

Members of Congress had a collective net worth of more than $2 billion in 2010, a nearly 25 percent increase over the 2008 total, according to a Roll Call analysis of Members’ financial disclosure forms.

Nearly 90 percent of that increase is concentrated in the 50 richest Members of Congress.

…..Overall, 219 Members of Congress reported having assets worth more than $1 million last year; subtracting the minimum value of their liabilities brings the total number of millionaires in Congress down to 196 — again not counting any value on their homes or other non-income-producing property.

http://www.rollcall.com/issues/57_51/And-Congress-Rich-Get-Richer-209907-1.html

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