Now, most members of Congress are millionaires

WASHINGTON - OCTOBER 10: Rep. Darrell Issa (R-CA) chairs a hearing on Capitol Hill on October 10, 2012 in Washington, DC. The hearing before the House Oversight and Government Reform Committee focused on the security situation in Benghazi leading up to the September 11 attack that resulted in the assassination of U.S. Ambassador to Libya J. Christopher Stevens. (Photo by Brendan Hoffman/Getty Images)
Richest, again: Rep. Darrell Issa is back at the top of the list of richest members of Congress. (Photo by Brendan Hoffman/Getty Images)

It’s official — Congress is a millionaires’ club. For the first time ever, most members of Congress are worth at least a cool million.

Lawmakers’ average net worth in 2012 nosed above the seven-figure mark to $1,008,767, according to a new analysis by the Center for Responsive Politics, up from the none-too-shabby  $966,000 the year before.

Also worth noting: the analysis shows Rep. Darrell Issa (with a $464 million fortune) is triumphantly back at the top of the list of wealthiest members, a spot the California Republican and car-alarm mogul had enjoyed for years, before being bumped by Rep. Mike McCaul (R-Texas).

Don’t worry about having to spring for McCaul’s lunch, though. His dip in value was due to a change in reporting rules for spouse’s assets (his wife is the daughter of Clear Channel Communications Chairman Lowry Mays.)

Now, who wants to talk minimum wage?

RELATED: Who are the 30 richest members of Congress?

 

Emily Heil is the co-author of the Reliable Source and previously helped pen the In the Loop column with Al Kamen.
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