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Report: Majority of Congress millionaires

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Last edited 2:25 p.m., Jan. 16, 2014

Citing a newly released analysis, Politico reports more than half of the current members of Congress are millionaires, the first time a majority of them have been in the history of the U.S.

At least 268 of the 534 current Capitol Hill lawmakers had a net worth of more than $1 million in 2012, according to the Center for Responsive Politics’ examination of financial disclosures.

The wealthiest is Rep. Darrell Issa, R-Calif., a businessman in the car alarm industry with a net worth of roughly $464 million in 2012.

Democratic Sen. Claire McCaskill tops the list of Missouri lawmakers in Congress, with a net worth of about $21 million last year. Republican Sen. Roy Blunt reportedly had a net worth of $3.5 million, and Rep. Billy Long is reported at $2.7 million, according to the list compiled by the Center for Responsive Politics.

According to the report, Democrats are worth slightly more than Republicans - approximately $1.04 million and $1 million, respectively. Senators also were worth more than members of the House, at a median of $2.7 million in the Senate compared with $896,000 in the House.

Read more from Politico.

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