Apparently it's not such an anomaly when Democratic Sen. Charles Schumer comes to the defense of private equity partners fighting to keep their tax breaks. Contrary to their reputation as the champions of the poor and middle class, Democrats now represent a majority of the nation's richest congressional districts, according to a study by the Heritage Foundation reported in the Washington Times.
Democrats represent about 58% of the jurisdictions in the wealthiest one-third of the 435 congressional districts, according to the study. More than half of the nation's wealthiest households live in states where Dems hold both Senate seats. "The reality is that in America the Democratic party is the new party of the rich," said a spokesman for the right-wing think tank. (More Democratic Congress stories.)