Six of Kentucky’s eight members of Congress are millionaires, and an analysis of financial disclosure reports filed last year also shows a Kentucky U.S. Senator and Congressman rank in the top 50 of most wealthy lawmakers.
Kentucky is far from alone when it comes to states with wealthy members of Congress. In fact, more than half of the U.S. Congressmen and Senators made the latest list of millionaires, the first time that has ever happened.
The analysis by the nonprofit Center of Responsive Politics shows that Sen. Mitch McConnell and Rep. John Yarmuth are the wealthiest lawmakers in Kentucky. Records show McConnell has a net worth of $22.8 million; Yarmuth has $21.2 million.
Nationwide, McConnell ranks as the 37th wealthiest member of Congress, with Yarmuth 41st.
Congressmen Brett Guthrie, Ed Whitfield, Hal Rogers, and Thomas Massie also made the list of millionaires. That leaves Senator Rand Paul and Congressman Andy Barr as the only members of Kentucky’s delegation not on the list.
U.S. Sens. Mitch McConnell and Rand Paul are urging Gov. Steve Beshear to seek a federal disaster declaration because of the potential economic consequences of a drought that has led to low water levels on the Mississippi River.
Beshear said Friday he appreciates their concern and that he's closely monitoring the situation.
McConnell and Paul said in a letter to Beshear on Thursday that commercial traffic on the river could "come to a complete halt in coming days" unless the U.S. Army Corps of Engineers takes action to increase the water flow.
As the rhetoric continues over the so-called “fiscal cliff", Senate Minority Leader Mitch McConnell says a permanent debt ceiling increase is “not going to happen.”
McConnell went to the Senate floor to argue against President Obama’s call for authority to permanently raise the debt limit. The Republican from Louisville says giving the President that authority would be a step in the wrong direction and could make it more difficult to reduce federal spending.