Tuesday, May 13, 2014

Democrats Hope DCCC Boss Steve Israel Manages Their Money Better Than His: Makes Number 6 on Top Ten Most Indebted Congressman

The Richest reports:
Steve Israel has a small account worth less than $1,000 and a retirement account worth more than $15,000, which is something many middle-class folks can probably relate to. However, as with the other members of Congress on this list, his debt is pretty high. His liabilities come from a mixture of mortgages, credit card debt and the dreaded student loan debt from his children. All this debt combined totals up to about $800,000.
This is the very same Steve Israel who's Chairman of the Democratic Congressional Campaign Committee. No word yet on whether Steve Israel will blame the Koch brothers for his financial situation.