Thursday, August 31, 2017

Obama Set To Become Nation's Most Costly Ex-President

Harry Truman entered politics as a former Army officer and business man who took his turn as a citizen legislator. Through oratory, happenstance and tragedy he wound up President.  He did not gain financially from his public service. After leaving office he ask and was granted a small stipend to cover the cost of answering the mounting correspondence he received as the ex-president. He was later granted a small pension for his service. 

Today the perks of an ex-president are generous to say the least, and it's no wonder a professional grifter like Barack Obama who has spent his entire adult life someway or another on the public payroll, amassing millions as a result of his tenure, would also become a greedy public money grabbing basturd after leaving office.
WT - "President Obama is about to become the most expensive ex-president, costing taxpayers $1,153,000 next year, according to a new Congressional Research Service memo looking at the official allowances for the five living former chief executives. 
His $1,153,000 budget request for 2018 is more than $100,000 higher than President George W. Bush’s request for next year and nearly $200,000 more than President Clinton’s expected budget. President George H.W. Bush is slated to get $942,000, while President Carter will get less than half that, at just $456,000. 
Every former president gets an office, expenses and, in some cases, an annual pension payment, thanks to a 1950s-era law enacted after former President Truman struggled for income when he left the White House in 1953. 
By far the biggest cost for ex-presidents is renting office space. Mr. Obama’s office — 8,198 square feet in D.C. — will cost taxpayers $536,000 next year, the most of any ex-president. Mr. Clinton’s New York office is bigger, at 8,300 square feet, but slightly cheaper at $518,000. The younger Mr. Bush’s office in Dallas is $497,000, while his father’s space in Houston is $286,000. Mr. Carter’s Atlanta office is just $115,000."
Barky's pension payment is also the highest of all living presidents at $236,000 for life. Yup, he's F**kin' us coming and going........

Thank You MJA for the Linkage!

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