The Buzz

January 13, 2014

Who want to elect a millionaire (House version)

Graves, Hartzler millionaires according to the Center for Responsive Politics.

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The Center for Responsive Politics says GOP Reps. Vicky Hartzler and Sam Graves

of Missouri are each worth at least $1 million plus — and perhaps more.

Analyzing data from 2012 financial disclosures, CRP says Hartzler’s net worth ranged between $2,197,027 and $14,189,995. Graves’ net worth was between $1,232,010 and $5,895,998.

As Congress debates a $1 trillion, 10-year farm bill, it’s instructive to note that Graves’ and Hartzler’s wealth comes largely from farm property and operations. Farm land has skyrocketed in value, and farm income has reached record levels in recent years.

Graves also has some aviation assets.

The 2012 financial disclosures for Rep.

Kevin Yoder and Rep. Emanuel Cleaver

were not available for inspection in great detail. CRP says Cleaver was worth between $348,012 and $1,019,999 in 2012.

Because the 2012 disclosure wasn’t posted, though, we don’t know how Cleaver accounted for the sale of his Grandview car wash, and his ongoing liability for the purchase and loan on the property.

Yoder may have a negative net worth: -$363,991. That’s apparently based on mortgages and student loans.

He could be worth $244,995 though. The disclosure only requires broad statements of asset values.

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