10 ‘Poorest’ Members of Congress Owe Big
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· Filed Under: Congress, mccaul, michael, poor, rich Texas has the 11th richest member of Congress as well as some of the poorest. The report is based on the latest net worth disclosures not.
For the first time in history, over half of members of Congress are millionaires. But almost as striking as the many public servants who are raking in the big bucks is the fact that the 24 members.
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Listed in order of the lowest minimum net worth, the 10 "poorest" members are: rep. david valadao, R-Calif. Net worth: -$3.7 million
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Sen. Martin Heinrich has the distinction of being the only senator on this list of the 25 poorest members of Congress. The New Mexico Democrat has an average net worth of -$43,494. #12.
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Valadao was the "poorest" member of Congress for the second year in a row with a minimum net worth of negative .7 million.What does that mean exactly? Lawmakers are allowed to use broad.
· So, in 2011, the year after he rode the tea-party wave into Congress promising to slash government spending, he reported $88,432 in pension income-one of the 10 largest in Congress.
10 Poorest Members of Congress: 2014 As midterm elections near, it’s good to know which legislators have the least amount of money, and if it means they are more effective legislators.