Rss

Congratulations Rep. Hanna on top 25 wealthiest in House again

I just wanted to take a moment to congratulate Rep. Hanna on the success he has achieved since being elected to the House of Representatives. Each year since 2010 Rep Hanna has made the cut for the top 25 richest Representatives.

In 2010, Rep. Hanna was ranked 18th out of 435 Representatives, with a net worth estimated to be no less than $13.8 million. But competition in Congress is fierce, and in 2011 Rep. Hanna felt the pinch. His estimated minimum net worth dropped to $13.7 million, and he fell to only the 23rd most wealthy of all 435 Representatives.

Rep. Richard Hanna (R-NY 22)

Rep. Richard Hanna (R-NY 22)


Still that minor setback did not impede the success that would come. Because in 2012, the last full year that data is available on, Rep. Hanna had a minimum net worth of $14.4 million, an increase of $700,000 (though he fell another spot to just the 24th wealthiest Representative).

To give some perspective, from 2010 to 2012 the average household income changed [U.S. Census]:

the poorest 20% – increased $599
Next 20% – increased $1,764
Middle – increased $3,082
Next 20% – increased $4,065
Top 20% (rich) – increased $10,671

Put another way, the median household income, just for New York State, was $47,600. That was down from 2010 and 2011 income levels.

Rep. Hanna overcame the negative pressures from New York State Government, and a sluggish (at best) economy, to outpace the average American household and retain a position in the top 6% of the House of Representatives, even as Congress reached an 8% approval rating.

At the same time, Rep. Hanna’s efforts of 3 years have resulted in potentially 2,000 jobs for NY State by bringing drone testing to our State – of course without any legislation to prevent abuse of drone use by the same Government that allowed the NSA scandal to occur.

Plus, Rep. Hanna is promoting HR 2131, the SKILLS Visa Act, which will give 160,000 STEM [Science, Technology, Engineering, and Math] jobs to foreigners.

Lastly, he voted for the Ryan-Murray budget deal, that will cut Veteran pensions and increases Federal debt spending.

Rep. Hanna has been busy, and in 2014 you can re-elect him. Or you could visit www.MichaelVasquezforCongress.com and consider a different option in the mid-term elections.

%d bloggers like this: