President Obama is thankfully leaving office at the end of this year, but he has just launched a sneaky plan that may allow him to continue freeloading off our tax dollars long after he leaves the White House.
According to Western Journalism, Obama has requested an increase in the amount of money the federal government can spend on former president. This is the second year in a row that he has made such a request.
The Congressional Research Service (CRS) released a report on Wednesday that explains the benefits given to former presidents as well as the 18% hike that Obama seeks to increase the total to $3,865,000 in FY 2017, up $588,000 from this fiscal year in anticipation of his departure from the White House. The president asked for and received a $25,000 increase in FY 2016 for a total of $3,277,000 for the appropriations which fall under the Former Presidents Act.
The current plan allows former presidents to receive pay equal to a Cabinet level secretary, which for calendar year 2016 is $205,700. This is compared to the $400,000 in salary a president earns while he’s in office, along with travel and entertainment expense allotments that total over $100,000 more.
The FPA was passed with the intent of maintaining the “dignity of the presidency” in response to the financial challenges Harry Truman faced after leaving office.
Once again, Obama is trying to quietly freeload off the American people. SHARE this story so that everyone can see what he’s REALLY up to!