The Majority Party

The Majority Party

What’s the majority party in Congress? Forget Democrats and Republicans. For the first time in history, most members of Congress are millionaires. An analysis of personal financial disclosure data by the Center for Responsive Politics found that at least 268 of the 534 members of Congress had an average net worth of $1 million or more in 2012. Median net worth: $1,008,767.

That doesn’t mean congressmen pay for their own meals or foreign travel, of course. Hey, what that’s what lobbyists and campaign donors are for. Of course, there’s a good salary too, because it’s hard work being a congressman:

“Breaking the numbers down … members of the House of Representatives will make approximately $1,539.82 per day or, given an eight-hour work day, roughly $192.47 per hour.”

– “Congress Working Less Than 1/3 Of Year In 2014, Getting Full Salary,” CBS Miami

Don’t expect these folks to deal with the critical issue of economic inequality in the near future.


Short link:

Image by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht,

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

Add to: Facebook | Digg | | Stumbleupon | Reddit | Blinklist | Twitter | Technorati | Yahoo Buzz | Newsvine

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: