Income Inequality Reaches Gilded Age Levels, Congressional Report Finds

WASHINGTON -- America's 99 percent are not just imagining it. The gap between the incomes of the rich and poor in this new Gilded Age is strikingly broad and deep, according to an October report from Congress' data crunchers.

The study by the Congressional Budget Office, released this week, found that income has become dramatically concentrated, shifting heavily toward the top earners between 1979 and 2007.

And although incomes at all levels have risen some, they've skyrocketed for the very wealthiest of earners.  More Read