Congress Continues To Get Richer

MIAMI ( – If you’re one of the millions of Americans who think Congress has lost touch with the economics of average Americans, there’s a simple reason why.

As the economy continues to crumble for most Americans, Congress, much like the richest one percent of Americans, continues to get richer.

According to, the combined net worth of the members of Congress was more than $2 billion in 2010. That’s up 25 percent from the same time in 2008.

For comparison sake, according to the Federal Reserve, from the end of 2008 to the end of 2010, average household worth increased by just 12 percent.

So, Congressmen and Congresswomen are getting richer at a pace twice as fast as most Americans.

Plus, the numbers Roll Call was utilizing from Congressional financial disclosure firms doesn’t include the value of homes and other non-income-generating property.

Roll Call estimated adding those elements would push the total net worth value up by hundreds of millions of dollars.

Overall, 219 members of Congress reported having assets worth more than $1 million in 2010, or roughly 40 percent of the Congress.

  • Jimbo99

    Time for a 2nd American Revolution ? Only from within not from England, a King and that tyranny ? The evolution of America has to implode from within.

  • Armando

    this are not news, this just re-confirm what we know already

  • bckrd1

    Totally not surprising. They are allowed to use insider trading. You and I aren’t but they exempted themselves from that little law. Like many other laws they impose on us they exempted themselves. Nice to live in a free democratic society.

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