this post was submitted on 28 May 2025
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Politics

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The group, Accountable.US, found that the top 10 richest Republican senators and top 25 richest GOP members of the House of Representatives have a collective net worth of over $1.1 billion and over $1.4 billion, respectively, "allowing them to take advantage of tax breaks granted by the Tax Cuts and Jobs Act of 2017 that they are currently seeking to extend."

The richest Republican senator, by a significant margin, is Sen. Rick Scott of Florida, who made his money from the nation's for-profit healthcare system before serving as governor of his state. As of mid-May, his estimated net worth was around half a billion dollars, according to the new report.

Nine of the 10 senators—all but Sen. John Curtis (R-Utah)—"sit on five committees instrumental in shaping budget reconciliation," the report points out, as the upper chamber takes up the package following its passage in the House last week.

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[–] otter@lemmy.dbzer0.com 9 points 1 day ago (1 children)

Oh, this isn't The Onion. 🫣

[–] klao@sh.itjust.works 3 points 1 day ago

Everyday's mood now