Saturday, October 06, 2012

Coats Wealthiest Hoosier In Congress

The Washington Post takes a look at the wealth of members of Congress, which not surprisingly, is well above that of average Americans. During the same period that average Americans saw a decline in their net worth of about 39% from 2007-10, members of Congress saw their net worth grow by 5%. It should also be noted that members of Congress are not required to disclose the value of their homes, the salaries of their spouses, money kept in non-interest bearing accounts or their congressional retirement plan, which is far more generous than anything you will find in the private sector. Close to half of the members of Congress, or 253, are millionaires. Among Indiana's congressional delegation, the Post analysis found that Sen. Dan Coats is the wealthiest, while Rep. Marlin Stutzman is the least wealthy with a negative net worth. Here is their estimated wealth by order:

Sen. Dan Coats ($4.8 million)
Rep. Dan Burton ($1.8 million)
Rep. Larry Buschon ($1.3 million)
Rep. Pete Visclosky ($1.2 million)
Sen. Richard Lugar ($670,509)
Rep. Todd Rokita ($478,513)
Rep. Joe Donnelly ($174,005)
Rep. Mike Pence ($90,008)
Rep. Todd Young ($65,000)
Rep. Andre Carson (-$25,999)
Rep. Marlin Stutzman (-$84,496)

1 comment:

Citizen Kane said...

Andre needs to get busy - before Carlos takes him down.