Washington is Overpaid at Our Expense
June 24, 2013
Before we worry about re¨duced services and spending, letís consider the following.
1. The regional economy of Washington, D.C., is $450 bil¨lion, which places it fourth na-tionally.
2. The median household in¨come is at more than $84,000 an¨nually. The closest area was Sil¨icon Valley in California at just more than $83,000.
3. Seven of the nationís 10 wealthiest counties are in the Washington, D.C., area.
We are spending a fortune in this area. It is obvious that our Washington representatives and their staffs are well paid. A few saved sequester dollars would certainly not hurt them.