Joe Biden explains how he was the 'poorest man in Congress'
Vice President Joe Biden would like you to know that he's not that well off. Speaking at the White House Summit on Working Families Monday, Biden said that he was the "poorest man in Congress," and that he only had a "mildly expensive suit on."
"Don't hold it against me that I don't own a single stock or bond," he said. "Don't hold it — I have no savings account."
Before becoming vice president, Biden was, if not the poorest member of Congress, at least its least-affluent senator. However, his most recent financial disclosure form reveals that he does have a savings account valued at less than $15,000, as well as almost a dozen investment funds in the same range.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Biden's remark came one day after The Guardian published a story in which Hillary Clinton said she wasn't "truly well off."
Create an account with the same email registered to your subscription to unlock access.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.
-
6 scenic white water rafting destinations to get your heart racing
The Week Recommends Have a rip-roaring time on the water
By Catherine Garcia, The Week US Published
-
Dangerous substances in Lunchables are raising concerns over children's health
In the Spotlight High levels of lead and sodium were recently found in the snack packages
By Justin Klawans, The Week US Published
-
The Week contest: Fired art
Puzzles and Quizzes
By The Week US Published
-
Why Johnson won't just pass Ukraine aid
Speed Read The House Speaker could have sent $60 billion in military aid to Ukraine — but it would have split his caucus
By Peter Weber, The Week US Published
-
Sudan on brink of collapse after a year of war
Speed Read 18 million people face famine as the country continues its bloody downward spiral
By Peter Weber, The Week US Published
-
Trump's first criminal trial starts with jury picks
Speed Read The former president faces charges related to hush money payments made to adult film star Stormy Daniels
By Peter Weber, The Week US Published
-
How will Israel respond to Iran's direct attack?
Speed Read Iran’s weekend attack on Israel could escalate into a wider Middle East war
By Peter Weber, The Week US Published
-
US, Israel brace for Iran retaliatory strikes
Speed Read An Iranian attack on Israel is believed to be imminent
By Peter Weber, The Week US Published
-
Congress honors real-life Rosie the Riveters
Speed Read These American women reshaped the work force during World War II
By Peter Weber, The Week US Published
-
Outgunned Ukraine could fall, US general warns
Speed Read Without more US aid, Ukraine is at risk of losing the war
By Peter Weber, The Week US Published
-
House GOP scuttles FISA vote at Trump's urging
Speed Read Right-wing lawmakers blocked Speaker Mike Johnson's surveillance bill
By Rafi Schwartz, The Week US Published