Friday, January 10, 2014

Half of Congress Members Are Millionaires, Report Says --- WASHINGTON — It is hardly the kind of news that lawmakers in Congress would want to highlight during a week when unemployment benefits expired for more than a million Americans. But Congress has achieved something of a milestone. -- For the first time in history, more than half the members of the House and Senate are now millionaires, according to a new analysis of financial disclosure reports filed last year. -- The median net worth for lawmakers in the House and Senate was $1,008,767 — up 4.4 percent, according to the analysis, conducted by the nonprofit Center for Responsive Politics, which examines the influence of money on politics in Washington. -- Over all, at least 268 of the 534 current members of Congress had an average net worth of $1 million or more in 2012, which is the year covered by the reports that each lawmaker had to file in 2013. - More, ERIC LIPTON, NYTimes, at: http://www.nytimes.com/2014/01/10/us/politics/more-than-half-the-members-of-congress-are-millionaires-analysis-finds.html?ref=us

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