President Obama has almost a year left in office, but he’s already thinking about life after the presidency.
Granted, many Americans will be happy to see him leave the White House, but they won’t be when they learn of a certain proposal he is cooking up before he goes. A proposal that will will give him a parting gift, so to speak, and an expensive one at that.
Per a report from the Congressional Research Service, the administration included additional money for the pensions of former presidents in budget requests for 2016 and 2017. Years that, by remarkable coincidence, mark the end of Obama’s time in office.
More specifically, the report indicates that the president wanted a hike of 18% percent in appropriations for expenditures of former presidents. This means that an additional $588,000 will be allocated to the $3,865,000 already set aside for retired presidents, most of whom make plenty of money without the assistance of taxpayers.
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Such a self-serving move on Obama’s part is made possible by the Former Presidents Act, legislation passed in 1958 that provides former Oval Office occupants with not just pensions but office staff, travel money, Secret Service protection and numerous other privileges. As you might have guessed, the Act has drawn criticism from any number of people:
Critics of the act argue that it financially supports former presidents who are not struggling. Many of them, alternatively, have gone on to profit from writing books about their time in the White House or delivering paid speaking engagements.
Former President Bill Clinton, for example, earned $132 million for delivering paid speeches between February 2001 and March 2015, according to an analysis from CNN. Clinton received $924,000 in taxpayer dollars last year by way of the Former Presidents Act.
Republicans in the House and Senate have introduced legislation that would cap annual pensions for former presidents at $200,000. Additionally, the bills would cut each pension by a dollar for every dollar the former president earns over $400,000 in the private sector in a given year. The measure was approved by the House in January with bipartisan support.
“It’s pretty simple. You want a retirement and pension, it’s there. But if you’re going to go out and make enormous sums of money, then you don’t need taxpayer subsidies,” Rep. Jason Chaffetz (R., Utah), who introduced the bill in the House, told ABC News in an interview.
“The former presidents are making gobs of money speaking and writing books, more power to them, but that doesn’t mean they need more taxpayer dollars on top of that,” Chaffetz added. “It’s embarrassing that they take that money.”
Source: Free Beacon
sounds as if you already know..this goverment is fighting for CORRUPTION ..and we know..this goverment KNOWS..”Mr Trump” is INNOCENT OF “THIS”..but..is there a better reason..than Treason For Crimes “Against Humanity”?? ..Let’s “Remember” this is “Real”..When President Putin of Russia mo’s ago..addressed the ‘American People’ on OUR National Tv..and Told Us..I don’t blame the ‘American People’ because we didn’t know..But the President of the USA and his Administration has Created ISIS and I’m going to Kill ISIS to prevent genocide of Syrian People..Now the World Knows..USA Envolved Other Countries..Encluding Russia into War..and according to an interview 3days ago..Charles Krauthammer said..obama calls ISIS the JV team..JV stands for Junior Varsity..Now..dummer care has allowed the JV team yrs to Grow..yrs to Spread around the World..dummer is not only the head of this Nation..but he has made the USA into the “ObamaNation” causing desolation with ISIS around the WORLD..no doubt..Explains his ‘desire’ to see the “American Flag” changed to fit his Face..where the “Star’s” are..AND..he is NOT a USA citizen..and is Using..”someone” elses SS Number?? Impeach?? to Late..he needs to be tried in a “Constitutional Court of Law”..and his syco assistant in ‘creation’ hillary..CRIMES AGAINST “HUMANITY”..I have sent this to Judge Pirro and Judge Napolitano..and others..
sounds as if you already know..this goverment is fighting for CORRUPTION ..and we know..Cruz knows “This”..and we know..this goverment KNOWS..”Mr Trump” is INNOCENT OF “THIS”..but..is there a better reason..than Treason For Crimes “Against Humanity”?? ..Let’s “Remember” this is “Real”..When President Putin of Russia mo’s ago..addressed the ‘American People’ on OUR National Tv..and Told Us..I don’t blame the ‘American People’ because we didn’t know..But the President of the USA and his Administration has Created ISIS and I’m going to Kill ISIS to prevent genocide of Syrian People..Now the World Knows..USA Envolved Other Countries..Encluding Russia into War..and according to an interview 3days ago..Charles Krauthammer said..obama calls ISIS the JV team..JV stands for Junior Varsity..Now..dummer care has allowed the JV team yrs to Grow..yrs to Spread around the World..dummer is not only the head of this Nation..but he has made the USA into the “ObamaNation” causing desolation with ISIS around the WORLD..no doubt..Explains his ‘desire’ to see the “American Flag” changed to fit his Face..where the “Star’s” are..AND..he is NOT a USA citizen..and is Using..”someone” elses SS Number?? Impeach?? to Late..he needs to be tried in a “Constitutional Court of Law”..and his syco assistant in ‘creation’ hillary..CRIMES AGAINST “HUMANITY”..I have sent this to Judge Pirro and Judge Napolitano..and others..
sounds as if you already know..this goverment is fighting for CORRUPTION ..and we know..Cruz knows “This”..and we know..this goverment KNOWS..”Mr Trump” is INNOCENT OF “THIS”..but..is there a better reason..than Treason For Crimes “Against Humanity”?? ..Let’s “Remember” this is “Real”..When President Putin of Russia mo’s ago..addressed the ‘American People’ on OUR National Tv..and Told Us..I don’t blame the ‘American People’ because we didn’t know..But the President of the USA and his Administration has Created ISIS and I’m going to Kill ISIS to prevent genocide of Syrian People..Now the World Knows..USA Envolved Other Countries..Encluding Russia into War..and according to an interview 3days ago..Charles Krauthammer said..obama calls ISIS the JV team..JV stands for Junior Varsity..Now..dummer care has allowed the JV team yrs to Grow..yrs to Spread around the World..dummer is not only the head of this Nation..but he has made the USA into the “ObamaNation” causing desolation with ISIS around the WORLD..no doubt..Explains his ‘desire’ to see the “American Flag” changed to fit his Face..where the “Star’s” are..AND..he is NOT a USA citizen..and is Using..”someone” elses SS Number?? Impeach?? to Late..he needs to be tried in a “Constitutional Court of Law”..and his syco assistant in ‘creation’ hillary..CRIMES AGAINST “HUMANITY”..I have sent this to Judge Pirro and Judge Napolitano..and others..
We will someone tell me why we need congress and senates they dont seem to be of any use
Dream, on Barbara. She is not going to jail for something that Madeleine Albright and Colin Powell have already admitted doing themselves.
OF COURSE & HE JUST KEEPS GETTING AWAY WITH THIS C**P!
So they give you money in prison ?
How did he do that without going through the regular channels
He should be striped of everything he has and sent back to his own country, so we won’t have to support butt any more.
hell no