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Congresswoman Loretta Sanchez, Representing California’s 47th Congressional District
PRESS RELEASE, FOR IMMEDIATE RELEASE: October 27, 2011
MEDIA CONTACT: Adrienne Watson 202-309-0825



REP. SANCHEZ RESPONSE TO CBO REPORT ILLUSTRATING RAPIDLY EXPANDING INCOME INEQUALITY

WASHINGTON, D.C. – Congresswoman Loretta Sanchez (CA-47) released the following statement in response to a new report by the Congressional Budget Office (CBO) highlighting the rapidly expanding income inequality in the United States. The report found that the income of the top 1 percent of households grew by 275 percent between 1979 and 2007, compared with a 19 percent increase for the average American household.

“The CBO’s report showing top earners doubled their share of our nation’s income is extremely disturbing,” said Sanchez. “The disparity in income between the rich and poor in our country is strikingly deep. It worsens by the day as many in Washington continue to favor corporations and Wall Street over middle class families. We must end the Bush tax breaks for millionaires and pass policies that put the American Dream within reach for all Americans, and not just some.”

To see a copy of the report, click here.

Congresswoman Loretta Sanchez is proud to represent California’s 47th Congressional District, which includes the cities of Anaheim, Garden Grove, Santa Ana, and parts of Fullerton in Orange County. She serves as Ranking Member of the House Armed Services Subcommittee on Strategic Forces and a senior member of the Committee on Homeland Security. Rep. Sanchez is also a member of the fiscally conservative Blue Dog Coalition and sits on the bipartisan, bicameral Joint Economic Committee.

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United States House of Representatives
1114 Longworth House Office Building • Washington, DC 20515
Phone: 202-225-2965 • Fax: 202-225-5859

By Editor

Art Pedroza started Orange County's first political blog, the Orange Juice, back in 2003. He now publishes the top civic blog in Orange County - New Santa Ana, plus other blogs including New Anaheim, New Fullerton and the Irvine News Blog, as well as the OC Politics Blog.

14 thoughts on “Rep. Sanchez responds to report that indicates the 1% are getting richer”
  1. Interesting.

    During that same time frame, the congresswoman’s personal income grew by more than 300 hundred percent (estimated) and she had become a multi millionaire

    That makes her one of the evil 1 percent ‘ors.

    But most of the congress members and US senators and members of California’s political office holders also saw their income and wealth blast thu the ceiling during this time period also.

    If these 1 percent ‘ors are so bad and evil, why do the voter’s keep voting for them? For theses democrat party members who have ripped off the US taxpayer so royally ?

  2. “Because the 47th is a majority Latino district”…… Hmmmmm

    But her decision effect entire California which is predominantly non-Hispanic.

    Besides Latino politicians are lazy socialists like Zorba the Greek. See how all this dark skin southern Europeans are dragging down the north.
    Same like Latinos here.
    http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8858604/The-two-halves-of-the-eurozone-are-locked-in-a-broken-marriage.html

  3. “Because the 47th is a majority Latino district”……

    Whatever happened to bussing to achieve radical equality?

    There isn’t even bussing in the schools anymore, what happened?

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