Socialist Ocasio-Cortez Claims She Can’t Afford D.C. Apartment, Turns Out She Has 10 Times More Than Most Americans

Alexandria Ocasio-Cortez claims she is too poor to afford rent for a D.C. apartment, but it turns out she has ten times money than the average American

Self-proclaimed socialist Congresswoman Alexandria Ocasio-Cortez claims she is too poor to afford rent for a new D.C. apartment, but it turns out she has ten times more money in the bank than the average American.

On Monday, Ocasio-Cortez claimed she could not afford to put money down on a new apartment until her congressional salary starts next year. But records show she has at least $15,000 in the bank (if not more), which would be plenty to put down a fist month’s rent and security deposit at any average apartment in the capital city.

According to Fox News:

Trending: New Evidence that the Government Ordered the Murder of Oregon Protester LaVoy Finicum?

After months of fostering an image as a working-class Democrat, Ocasio-Cortez told the New York Times shortly after her Nov. 6 general election win that she won’t be able to afford an apartment in the Washington, D.C., area until her new $174,000-a-year salary kicks in next year. The median rent in D.C. is $2,700, according to real estate website Zillow.

take our poll - story continues below

Do you support President Trump's plan to impose tariffs on Mexico?

  • Do you support President Trump's plan to impose tariffs on Mexico?

  • This field is for validation purposes and should be left unchanged.
Completing this poll grants you access to Eagle Rising updates free of charge. You may opt out at anytime. You also agree to this site's Privacy Policy and Terms of Use.

“I have three months without a salary before I’m a member of Congress. So, how do I get an apartment? Those little things are very real,” Ocasio-Cortez told The New York Times.

But, it appears that she has a larger cash reserve than she is letting on:

She reported having between $15,001 and $50,000 in her checking account as of the end of April 2018, according to a Financial Disclosure Report she submitted to the clerk of the U.S. House of Representatives.

The financial disclosure also reveals that she has an investment account valued between $1,001 and $15,000.

So, what does that mean?

This puts the socialist Democrat well above most American households, whose median checking account balance is $3,400, according to the latest Federal Reserve survey in 2016. Among Millennials, the median balance is about $1,400.

In other words, Ocasio-Cortez has far more cash than she needs to start out in a new D.C. apartment.

RELATED: How much money does the average American need for emergencies?

Naturally, Ocasio-Cortez is refusing to comment on the revelation of her cash on hand.

I guess she doesn’t want to upset her false image with facts.

Follow Warner Todd Huston on Twitter @warnerthuston.

The views expressed in this opinion article are solely those of their author and are not necessarily either shared or endorsed by EagleRising.com


Join the conversation!

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.

Send this to a friend