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While many Americans struggle, members of Congress have only gotten richer, a new study says. Nearly 250 members of Congress — or 47 percent — have a net worth of more than $1 million, and while the average American family lost 23% of its net worth, members of Congress gained 25%. 

The study, which analyzed data from legislators’ financial disclosure forms, found the average senator had a net worth of about $2.63 million last year. That’s up 11 percent from $2.38 million in 2009 and 16 percent from $2.27 million in 2008.

“The vast majority of members of Congress are quite comfortable financially, while many of their own constituents suffer from economic hardships,” Sheila Krumholz, executive director of the Center for Responsive Politics, said in a statement.

62 Notes

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  6. pkowski reblogged this from thedailyfeed and added:
    Merci les lobbies !
  7. phoenixmelody reblogged this from thedailyfeed
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  12. thotsandwhtnots reblogged this from thedailyfeed and added:
    Again why I don’t think they should be paid a lot to serve. They choose to run for office and we elect them. Elected...
  13. swadd reblogged this from thedailyfeed and added:
    SHAME
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  17. sassykatnip reblogged this from thedailyfeed and added:
    it doesn’t seem justifiable.
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  20. theunintentionalasshole reblogged this from thedailyfeed and added:
    Occupy Congress
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