Find out your lawmaker’s net worth
From the Sunlight Foundation comes the latest way to find out your Congressional leaders’ net worth. Hop on over and prepare to wonder how this is happening, why, and is it something to be concerned about. The site urges you to take this information with “a grain of salt” because of the broad definitions allowed in disclosure:
“The Ethics in Government Act of 1978 requires members of Congress to disclose information on their personal finances, including their assets, sources of income, transactions and debts. (However, lawmakers are not required to report everything they own, including the value of their personal residences, nor their related mortgages.) They report the value of their and their spouses’ assets, the amount of income–both earned and unearned–and the extent of indebtedness in broad ranges, making the forms a very inaccurate tool for measuring wealth.”
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