The net worth of the members of Congress continues to rise regardless of the economic recession. An analysis of financial disclosure forms by Roll Call magazine, using the minimum valuation of assets, showed that members of the House and Senate in 2010 had a collective net worth of $2.04 billion, a $390 million increase from the $1.65 billion held in 2008. Disclosure forms do not include non-income-producing assets.
Censored News Cluster: From “Bankster Bailout” to “Blessed Unrest”: News We Can Use to Create a US Economy for the 99 Percent
Luke Johnson, “Members of Congress Grow Wealthier Despite Recession,” Huffington Post, November 1, 2011, http://www.huffingtonpost.com/2011/11/01/congress-net-wealth-income-gap_n_1069377.html.
Student Researcher: Ellis Huber (Sonoma State University)
Faculty Evaluator: Peter Phillips (Sonoma State University)