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BY: Todd Shepherd
Colorado senator Michael Bennet, estimated as having a net worth of $16 million, said on Sunday income inequality is the most pressing concern in the country, ranking above health care, voting rights, campaign finance reform, or the "green new deal" currently being proposed by the party's far left flank in the House of Representatives.
Democrat - NBC - Meet - Press - Sunday
"Think about what we've done since 2001," the Democrat said on NBC's "Meet the Press" on Sunday. "We've cut taxes by $5 trillion, almost all of that went to the wealthiest Americans. We've spent $5.6 trillion—the president says $7 trillion—on wars in the Middle East. So that's $11 trillion, $12, $13 trillion that we did not spend to address the most important issue facing this country which is our lack of economic mobility and the huge income inequality that we have."
Bennet's net worth is an estimate based on required financial disclosures in which the official only has to list the value of an asset within a dollar range, so exact figures are not available. However, using the midpoint value for all the asset holdings, the Center for Responsive Politics assessed the $16 million figure.
Bennet - Office - Bill - Ritter - Report
Not long after Bennet first took office after being appointed by then-Governor Bill Ritter, a similar report estimated the senator's net worth as being between $6 million and $27 million.
"A spokeswoman for Bennet said his net worth is closer to the bottom than to the top of the range he reported," a Denver Post said in 2009.
Request - Comment - Senator - Office - Worth
A request for comment from the senator's office on his current net worth was not returned to the Washington Free Beacon.
Part of Bennet's wealth comes from managing funds for the Anschutz Investment Company for Colorado billionaire Phil Anschutz, one of the wealthiest men in the world according to Forbes, and well known for his conservative...
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