Posted on Apr 17, 2015
CSM Michael Lynch
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Rep. Jason Chaffetz, R-Utah. He wants to reduce the pension to $200,000, and phase out expense allowances for former presidents who have outside income.

This Senator has his eye on the country and our debt. I hope that he looks at taking it even further down to congress and reduce their benefits as well.

Someone in Washington is at least going forth with the idea that millions of us have talked about for decades. Of course we all know where it will go if passed and then on to the president, veto in the works.

It would be a victorious day for the citizens, if went through for all of them.
Posted in these groups: Retirement logo RetirementMain benefits 1335181026 Benefits
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Responses: 10
SFC Mark Merino
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I've never heard of a former President living on skid row. They always seem to leave the White House much more financially set from when they started. Now if only the ex Presidents retaliate and push a bill for the other branches to follow suit.
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CSM Michael Lynch
CSM Michael Lynch
9 y
HAHAHA that would be a good fight to see them getting on
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SSG Paul Lanciault
SSG Paul Lanciault
9 y
Congress should lead the way. With health care and retirement pay as well.
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MSG Brad Sand
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Ummm...former presidents are not representing the people any more, why are they being paid? IF they are representing the people, those expenses should be compensated and so should the president's time BUT how often is this happening?

Ford figured out how to profit from his former office and so have every president since then...they are all millionaires, I am okay if they only get $100,000 for not having to work.
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Sgt Aaron Kennedy, MS
Sgt Aaron Kennedy, MS
9 y
MSG Brad Sand I was using him to highlight, not to contradict. Sorry if I didn't clarify correctly. I probably should have used "example" instead of "exception."
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MSG Brad Sand
MSG Brad Sand
9 y
Tracking Sgt Aaron Kennedy, MS but then again you are a Kennedy, so of course you like Carter. :)
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Sgt Aaron Kennedy, MS
Sgt Aaron Kennedy, MS
9 y
MSG Brad Sand Completely different "branch" of Kennedy's. I like the idea of using former Presidents as emissaries though. Not specifically Pres. Carter. Using a Former President sends a message that sending a Secretary or Ambassador can't.

For ref, my politics were MUCH more in line with Pres Reagan.
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SGT Michael Touchet
SGT Michael Touchet
9 y
I would be alright with them only receiving what the military receives.
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SGT Richard H.
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I kinda get the pension, but $1.2 million expenses? That's just ridiculous.
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CSM Michael Lynch
CSM Michael Lynch
9 y
Well you know security for them and their kids costs a lot. I think we could knock it down to one SS agent for the whole family and provide each of them with a weapon of their choice
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MAJ David Vermillion
MAJ David Vermillion
9 y
Many former presidents could probably live well on public speaking engagements.. They have many opportunities to make money.
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SGT Richard H.
SGT Richard H.
9 y
I agree with both...and one can live fairly well on $200k/year as well.
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CSM Michael Lynch
CSM Michael Lynch
9 y
According to a Washington Post analysis of personal financial disclosures, former President Clinton earned $104.7 million in speaking fees from the time he left office until 2013,
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