congress income steve finscher 2
  • Name: Steve Fincher
  • Party/District: R-Tenn
  • Average net worth: -$472,502

Elected to Congress in 2010, Rep. Steve Fincher is a managing partner at Fincher Farms, a seventh-generation family business that specializes in cotton.

Fincher earned $118,000 in 2012 from the farm, according to his financial disclosure forms. He valued the farm at between $500,000 and $1 million.

But he has a whole lotta farm equipment loans, which brings down his net worth. These debts total between $795,000 and $1.65 million.

On top of that, he has two loans against his Halls, Tenn. home totaling between $300,000 and $600,000. One was used to purchase a home in Washington D.C.

So his total liabilities come in at $1.1 million to $2.3 million.

First published January 27, 2014: 2:13 PM ET
Source: 2012 financial disclosure forms posted by the Center for Responsive Politics

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