It’s Time to Trim the Taxpayers’ Tab for Former Presidents’ Perks
https://www.ntu.org/foundation/detail/its-time-to-trim-the-taxpayers-tab-for-former-presidents-perks
Excerpt:
Former presidents are very wealthy and continue to earn millions from books, speeches, and media deals, yet still receive over $5 million a year in taxpayer-funded pensions and perks for offices, staff, and supplies.
Budget data for FY 2026 show that Biden’s office and expense perks will exceed those of the other former presidents. He also is eligible for a generous congressional pension for his time in the Senate.
Senator Joni Ernst’s Presidential Allowance Modernization Act would cap pensions, limit expense allowances, and cut perks for wealthy ex-presidents to save taxpayers millions.
.....Sen. Ernst introduced the Presidential Allowance Modernization Act of 2025 (S. 534), which would limit the pension a president could receive to $200,000 annually, with the amount being indexed to inflation. It would also limit the cost to taxpayers for expenses such as office space and leases, furniture, and supplies.
The allowance for former presidents would be reduced dollar for dollar by the amount that a president’s adjusted gross income exceeds $400,000. Former presidents would still receive current healthcare benefits and Secret Service protection. Surviving spouses are limited to an annual allowance of $100,000, which is about half of what they can claim from the FPA.
A previous version of the Presidential Allowance Modernization Act (H.R. 1777) passed Congress in 2016, but it was vetoed by Obama three months before the end of his term.
Conclusion
With the federal deficit at nearly $2 trillion and former presidents sitting on personal fortunes, it’s time to trim back the pension and perks provided under the Former Presidents Act. These wealthy former presidents don’t need the extra income, and taxpayers need relief.
ABSURD: Australia to consider taxing unused bedrooms in people’s homes to “free up supply”
This is what happens when government controls too much, they’ll come for everything.
https://x.com/DavidJHarrisJr/status/1959361012047679662
https://freerepublic.com/focus/news/4336630/posts?page=1
It’s Time to Trim the Taxpayers’ Tab for Former Presidents’ Perks
https://www.ntu.org/ ^ | Demian Brady, Maria Heinlein August 20, 2025 | Demian Brady, Maria Heinlein