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Rich kids in the freshmen class
By The Sunlight Foundation Reporting Group
Pictured above:Mike Kelly, R-Pa.; Bill Flores, R-Texas, R-Colo; Rick Berg, R-N.D.
At least 16 of the 89 new lawmakers swept into the House for the first time two years ago on a wave of populist anger against wealthy special interests are themselves millionaires. Another 18 members of the House freshmen class are likely millionaires, an analysis of personal financial disclosure filings by the Sunlight Foundation found.
That means nearly two-fifths of the lawmakers elected to the first time in November, 2010 boasted net worths above or near seven figures. The median net worth of the U.S. population in 2010 was $57,000, according to Edward Wolff, a New York University economist.
The Sunlight Foundation Reporting Group is part of the Sunlight Foundation, a nonprofit, nonpartisan Washington, D.C.-based organization that uses cutting-edge technology and ideas to make government transparent and accountable.
2012-08-23 09:57:24
Source: http://reporting.sunlightfoundation.com/2012/millionaire-freshmen/
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