Thursday, May 01, 2008

On YOUR Dime: Congressmen Lease Luxury Cars

NEW YORK (CBS) You may not realize it, but members of the House of Representatives can lease a car and have it paid for by you -- the taxpayer. And it's not just the car, but gas, registration, insurance … the works.

Congressman Charles Rangel was recently seen getting out of his Cadillac DeVille, which he leases for $774 per month. Then there was Congressman Jose Serrano, getting out of his Buick LaCrosse, which he leases for $317 per month. And how about this one: Congressman Gregory Meeks was recently seen waiting for Congressman John Conyers to step out of Meeks' Lexus LS460, which Meeks leases for $998 per month.

All those leases are picked up by taxpayers through a little-known program available only to members of the House of Representatives.

Rangel: "I could probably find something for ... one of those red cars and then I think my constituents would say, 'With all the money that he gets, this is the respect he shows us?'"

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