Politico takes a look at the incoming Congressional class and concludes that many of them are filthy rich:
Times are good for the freshman members of Congress.
Like their more senior counterparts, the new members of the 112th session are an exceptionally wealthy bunch. Two-thirds of the Senate freshmen are millionaires, while about 40 percent of the 96 new House members this year are millionaires—according to freshly crunched data from the most recently available financial disclosure reports by the Center for Responsive Politics.
But, newly-minted 8th District Congresman Joe Walsh is far from being a member of that exclusive bunch... and for local constituents, they probably view that as a good thing.
Politico looked in detail at Walsh's finances:
Not every new lawmaker is awash in cash, of course. First time Rep. Joe Walsh of Illinois, one of the few members of his class to deny federal health benefits and go it alone in the individual market, is in debt. He holds negative assets between -$481,994 and -$153,001—making him the least wealthy member of the freshman class.
Walsh told POLITICO last month that the decision to decline federal health benefits would mean paying for a treatment for his wife, who has a preexisting condition, out of pocket. “It’s a cost we will feel, a cost I will have to pick up. I won’t turn down benefits because I have something to fall back on or because I’m independently wealthy,” he said.
So, 8th District voters - which would you rather have? The 'regular' Joe who feels your pain? Or a couple million dollar man or woman trying to understand your views and concerns?