Fake! Alexandria Ocasio-Cortez did not become a millionaire in a short time after reaching Congress
A post on Facebook that went viral claims that the representative Alexandria Ocasio-Cortez (New York) is worth $1 million when his annual salary is $174,000.
“How is it possible?” ask the accusers. Well, no, it is not possible nor is it true, according to a report from PolitiFact.
Ocasio-Cortez is one of the rising stars of the Democratic Party and came to Congress in 2019, ratified in the 2020 election for two more years.
The progressive Democrat has been a constant focus of Republicans who call her a “socialist” and a “communist.”
“2 years ago, AOC was bankrupt when it was elected. This year’s financials show that he now has a net worth of over $1 million. How does that happen?indicates the post on Facebook.
The social network marked the post as “false information”.
“Net worth is the value of a person’s assets, such as cash, home, stocks, bonds, and other property, minus debt,” the report says. PolitiFact.
In her first Ocasio-Cortez financial disclosure report, filed on May 15, 2019, she showed assets totaling between $3,003 and $45,000, including her bank accounts and 401k plan.
In addition, he has high liabilities, due to student loans of between $15,001 and $50,000 dollars, it is added.
“Ocasio-Cortez filed her second report on September 12, 2020, which covered 2019. It listed the same three asset accounts, but for a smaller total, between $2,003 and $31,000, with her remaining student debt between $15,001 and $50,000”indicates the report.
Specifically, Ocasio-Cortez does not have a million dollars in assets.
