Michele Bachmann said President Barack Obama can't relate to "the common man" because of his extreme wealth, failing to note that GOP presidential nominee Mitt Romney is worth hundreds of millions more.
"President Obama is extremely wealthy," Bachmann said when USA Today asked how someone with "vast wealth" could connect to the American public. "He and his wife have been wealthy for a number of years, and so I think that's really the issue. President Obama is wealthy -- what does he understand about the common man right now?"
According to financial disclosure reports released by the White House in May, the Obamas hold assets worth between nearly $2.6 million and nearly $8.3 million. Romney's net worth is up to $255 million, according to financial disclosure reports.
The Obama campaign has attempted to cast Romney's wealth in a negative light, pressuring the GOP candidate to release his tax returns and criticizing Romney's private equity career.
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