Showing posts with label MSNBC. Show all posts
Showing posts with label MSNBC. Show all posts
Thursday, December 29, 2011
Tuesday, December 27, 2011
Economic downturn took a detour at Capitol Hill
WASHINGTON — When Representative Ed Pastor was first elected to Congress two decades ago, he was comfortably ensconced in the middle class. Mr. Pastor, a Democrat from Arizona, held $100,000 or so in savings accounts in the mid-1990s and had a retirement pension, but like many Americans, he also owed the banks nearly as much in loans.
Today, Mr. Pastor, a miner’s son and a former high school teacher, is a member of a not-so-exclusive club: Capitol Hill millionaires. That group has grown in recent years to include nearly half of all members of Congress — 250 in all — and the wealth gap between lawmakers and their constituents appears to be growing quickly, even as Congress debates unemployment benefits, possible cuts in food stamps and a “millionaire’s tax.”...................
Economic downturn took a detour at Capitol Hill
Sunday, December 11, 2011
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