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How Much is Your Congress Member Worth?

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  • Description

    FBN’s Gerri Willis on the net worth, and debt, of members of Congress.

  • Duration 2:47
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We know the last year was a rough one for the economy right if your finances took a hit you're certainly not alone.

Not even our most powerful politicians were spared.

Now that's according to the latest financial disclosures from congress.

One of the hardest hit.

Nancy Pelosi.

-- top Democrats are her reported net worth shrink by eight and a half million dollars in the last year but.

Don't feel bad her net worth is still nearly 26 and a half million dollars.

And -- -- disclosure -- investments overall -- money.

There's one healthy part of her portfolio.

Plus you made at least 50000 dollars selling the grapes harvested at her Saint Helena California vineyard.

As as much as ten times what she sold two years ago.

But real estate doesn't work out for everybody senate majority leader Harry Reid is the proud owner of a 160 acres in Bullhead City Arizona.

It's now valued at 250000 bucks which -- two years ago it was worth a cool million.

In all senator Reid saw his minimum net worth dropped 800000.

Last year.

Really things look better for leadership on the other side of the I'll speaker of the house John Bader did see is net.

Worth dropped 400000 dollars from over two million to one point seven.

But the man carries no debt and most of his money is invested in -- -- are right now that's what I call fiscally responsible.

Here's a great thing about these financial disclosures it's really a window.

Into the financial acumen of the people in charge of the nation's checkbook.

Take a look at this.

A number of lawmakers took advantage of record low mortgage rates and refinance.

Million dollar properties saving themselves a bundle of money in fact senator Lamar Alexander refinanced for -- -- -- national.

Worth at least three and a half million dollars.

However when you consider the size of our national debt -- don't think you'd be surprised to hear a number of legislators seem to have a problem with credit card debt.

Right New York congressman Steve Israel over at the end there he has at least 60000.

Dollars in credit card debt.

Alabama congressman Jo Bonner has 45000.

Senators Cantwell and cornyn both fessed up to 151000.

And for senator -- he's paying at 17%.

Interest rate ouch.

But we don't have reports for everybody on Capitol Hill 89 house members seventeen senators got extensions to file their disclosures including.

Many of the richest from Darryl I Sydney John Kerry.

But based on what this group reported last time I don't think we have to be worried about them going hungry anytime soon.

And if you're if you're anything like me sick and tired of the government getting in the way of your business sticking its nose where it doesn't belong.

These disclosure records are your opportunity for a little revenge plot line take a close look at your representative.

And happy.

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