Nancy Pelosi latest congressional multi-millionaire to live hand to mouth

Nancy Pelosi latest congressional multi-millionaire to live hand to mouth

[Ed. -Can’t you just feel her pain?]

During a recent press event regarding the battle over the Department of Homeland Security (DHS) funding bill, Nancy Pelosi attempted to address how difficult it was for people – even members of Congress – to go without timely paychecks.

The California representative, who is worth $29.01 million herself, said:

“I don’t know about you, but I think almost everybody I know cannot live without having a paycheck on time–members of Congress, even. And yet they’re (Republicans) asking the Department of Homeland Security people to do that.”

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What Pelosi did not mention is that the average annual salary of a member of Congress is $174,000 plus benefits.

According to a joint study between Our Generation (OG), and Taxpayers Protection Alliance (TPA), that puts members of Congress in the top 5% of the country in terms of wealth. Comparing that with the average American salary of $50,875 annually, members of Congress earn 3.42 times the average American salary.

And although the average median household income is about $50,000 annually, 49.5% of households make less than that. In fact, according to census data, a full 25% of households make less than $25,000 annually.

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