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The Wealthiest of Capitol Hill

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    “The Hill” Managing Director Bob Cusak on the list of the richest lawmakers in Washington.

  • Duration 2:08
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Right now you've heard my now analysis of the numbers let's bring in the author of the report the managing editor for the hill Bob Cusack.

I -- -- tell me why did you put this list together to begin with what's the benefit do you thing.

Well people love reading about money and -- spat I think especially what how much lawmakers have.

And how much -- they have liabilities whether they owe money on their credit cards.

While what kind of assets they have a they're fascinated.

By what -- members have and what possibly they don't have or or what stocks their holding because that can also be.

Potential conflict of interest so this list every year that we do it gets a lot of attention.

-- because people love.

We -- is still out of real love it that's for sure now.

It's interesting we sort of pick -- the winners the people who have a lot of doubt but what what is the people in congress -- gone -- who maybe have a lot of credit card debt are having financial problems.

Well even the way they do it is that they put in a range so they don't have -- exactly say how much they have but arrangement say between 500000.

And a million so we do look at the lower numbers but the bid the amazing thing here is in the top fifty list is is.

But Nancy Pelosi who is certainly made the list and always makes -- list.

If she lost ten million dollars in the course of 2011 through.

This series of investments the year before she did very well but you know losing a million losing two million.

Is nothing for a lot of these members and it just it just -- to because we're talking about so much wealth in.

You know Mitt Romney in the presidential election race you know -- -- a lot of these members of two.

It begs the question how welcome they feel our pain if they're so wealthy it doesn't make -- -- -- for them to understand average Americans.

That I think it is -- -- not obviously just because you -- doesn't mean you're out of touch.

But when you own houses in Hawaii -- you have ten cars I mean it is tough to I think relate -- TD average guy and the street.

And that's the challenge that I think both parties have because as you mentioned they're Democrats and Republicans on this list.

-- awesome job Bob thanks for coming on I hope you come back soon.

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