What is Mitch McConnell’s net worth?
MITCH McConnell, 78, is the Senate Minority Leader and one of the most powerful people in Washington.
has been making headlines for wanting zero parts in helping Biden raise , insisting Democrats should do it on their own.
Who is Mitch McConnell?
McConnell is only the second Kentuckian to ever serve as Majority Leader in the US Senate and is the longest-serving Senate Republican Leader in the country's history.
He has been called “the most conservative leader of either party in the history of the Senate" and has also earned a reputation as a “master tactician," according to his online bio.
McConnell is married to Secretary , the US Secretary of Transportation, and he has three daughters.
He was first elected to the Senate in 1984.
What is Mitch McConnell's net worth?
The longtime lawmaker has a net worth of around $34million, according to reports.
It is believed much of his money is invested in index stock funds or municipal bond funds.
Meanwhile, he earns just under $200,000 a year as the Senate Majority Leader.
Is Mitch McConnell not going to help with raising US's debt ceiling?
, firmly believing that Democrats must do it without Republican help, even though both parties incurred the debt.
In a speech from the White House on Monday, October 4, Biden blamed Republicans for refusing to join with Democrats to lift the debt limit and said it is "up to Mitch McConnell" to guarantee that US won't hit the debt ceiling.
, Treasury Secretary Janet Yellen warned Congress last month with an October 18 deadline to lift or suspend the debt limit before the US runs out of money to pay its debt.
If Republicans do not comply, Democrats have one other option to increase the debt ceiling using the special budget process known as reconciliation. This would take more time.
"I have learned over many years that we cannot negotiate over things like whether or not to destroy the economy," Hawaii's Democratic Rep. Brian Schatz told the Times.
"American politics has gone crazy because one party has gone crazy."
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