Trump Will Ban Pension For Obama (Click To Vote)

Congress may seek to cut the pension of Barack Obama following his decision to accept a $400,000 fee for an upcoming speech to Wall Street executives.

During his time in the White House, Mr Obama vetoed a bill that would have capped the retirement funds of former presidents should they accept large sums of outside income.

Now that Mr Obama himself meets those criteria, Republican sponsors of the bill have said they will revive the legislation and hope that President Donald Trump signs it into law.

“The Obama hypocrisy on this issue is revealing,” Jason Chaffetz, the Republican chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill told USA Today. “His veto was very self-serving.”

Mr Chaffetz, and Jodi Ernst, a Republicam senator from Iowa, who sponsored the companion bill in the Senate, have announced that they will re-introduce the Presidential Allowance Modernization Act this month.

The bill would caps presidential pensions at $200,000, plus the same for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

When it was first introduced last year, Mr Obama vetoed the legislation on the basis that it would force former presidents to fire their support staff.

Mr Obama said that capping the expenses at this amount would cripple the initiatives of several former presidents, forcing them to lay off staff, and cancel office leases.

Currently the General Services Administration must provide “suitable office space, appropriately furnished and equipped”.

The total cost of maintaining and staffing those offices currently ranges from $430,000 for former president Jimmy Carter to $1.1 million for former president George W. Bush, according to a report by the Congressional Research Service cited by USA Today.

The 2017 spending bill approved by Congress this week contained nearly $3.9 million to fund all the former presidents until the 30th September.

Mr Trump has not commented on the legislation. But during the campaign, he said he’d take a close look at pensions for elected officials.


YES


NO

11 Comments

  1. Take it all away. Arrest Obama and hang him for treason

  2. YES DENY THAT SCUMBUCKET OVOMIT ANYTHING ELSE FROM AMERICA, HE STOLE ENOUGH. HE & THAT TRANS-GENDER BIG MOUTH WIFE OF HIS
    DON’T DESERVE ANYTHING ELSE
    EXCEPT TO BE HUNG.

  3. Martha Omley

    That would be great if Obummer does not get his pension after what he has done to our country!
    I detest him.

  4. Obama has take enough from taxpayers! Obama owes us and we don’t owe him anything!!!

  5. Ross Willhite

    He is an extremely destructive force to our elected administration and we are not obligated to support his actions that are hurting us ! We do not want his advice or influence, the last 8 years were more than enough ! Shut him down !

  6. Nancy klinger

    Good hope Trump throws the book at him

  7. yes I agree

  8. no comments

  9. Michael McCain

    Yes cap the pensions.

  10. Yes!

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