Tuesday, January 14, 2014

NOTES: How Arizona's Congressional Delegation's Personal Net Worth Compares To Colleagues

Yesterday, Arizona's Politics published info on the personal financial disclosure statements for Arizona's Congressional delegation.  A couple of quick follow-up notes (we are working on a couple of others):

1)    Only 3 Senators have a lower "average net worth" than our Arizona Senator Jeff Flake (R-AZ);  and, only 15 Representatives have a lower ANW than Rep. Kyrsten Sinema (D-CD9).  Both have been in public service for most of their adult lives (although Sinema is quite a few years younger than Flake).

2)  Arizona Rep. Trent Franks' (R-CD8) ANW of more than $33Million Ranks 21st In House - the top 5%;  Sen. John McCain's  $7.4M ranks only 19th in what used to be known as the Millionaires' Club - top 20%.  While both have been in public service for a long time, Franks' wealth comes from his oil and gas exploration company, and McCain's is largely based on Cindy McCain's family's beer distributorship.


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