Former Presidents George W. Bush and Bill Clinton received nice little “bonuses” from taxpayers in 2014. Clinton got $950,000 and Bush received $1.3 million, with the majority being for office space. This while both were making millions in speaking fees after leaving office. And that doesn’t include the book deals.
All former presidents get a pension of more than $200,000 a year and they receive annual expenses for office space, travel and other costs which can add up to more than a $1,000,000. The House has finally voted to limit expenses for former presidents with income totaling more than $400,000 a year. Taxpayer funding would start being reduced when their income hits $400,000 and funding for office space and travel would be eliminated when their income hits $600,000.
Still sounds pretty lucrative. Mooch will NOT be happy to hear this, do you think Obama will veto this bill?!