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Noserose Profile
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It pays to be an ex-President:


It pays to be an ex-President:

Former President Bill Clinton has received nearly $16 million in taxpayer funds since leaving the White House, covering everything from his pension to personnel to benefits -- and renewing questions over how much taxpayers really should spend on ex-presidents who make millions after leaving office.

A new Politico report and analysis examined the payments since he left office in 2001, and claimed it amounts to more than any other ex-president has received. Meanwhile, Politico points out, Clinton has a personal annual income that beats all the other living former presidents. His $15 million advance -- then a record -- for his 2008 memoir was just a sliver of his earnings. According to reports he's made more than $106 million in speaking fees alone since 2001.

Clinton’s wife, former Secretary of State Hillary Clinton, also has earned millions in speaking fees -- and released a memoir, for which she reportedly got a $14 million advance, last year. In the first 16 months after leaving Foggy Bottom in 2012, she made at total of $12 million in personal income, according to Bloomberg.

While Clinton has gotten the most since 2001, ex-President George H.W. Bush is catching up, according to CRS. He received the second-highest amount of benefits -- $14 million since 2001. Meanwhile, George W. Bush, who has received $7 million from the government since 2009, spent marginally more than Clinton on office space in 2014 -- $420,000 for an office in Dallas, Texas, compared with Clinton’s $415,000 digs in Manhattan.
 
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{Things have improved considerably for ex-Presidents since the retirement of Harry Truman who was for all practical purposes stony broke. Now days all you have to do is write an autobiography and million of political junkies will line up to buy it. Me included.

How much tax dollars does one need to be a happy ex-President and secure enough financially to avoid being seen in the line up at the food bank? I can understand the need for secret service protection for the ex and family but are the huge pensions really necessary? President Obama will still be a young man when he turns over the keys to the White House to his successor and will probably move on to a corporate post or international job of some sort where he will be well paid for his services. Does he need the Presidential pension? Do any of them need it anymore? If [sign in to see URL] much? Should they be helped out with a pension only if they need it? What do you think?}


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"libido sciendi"..... the passion to know.
3/16/2015, 8:53 pm Link to this post PM Noserose
 
joepyne Profile
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Re: It pays to be an ex-President:


Must be nice to be one of the 1%.

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JoePyne's comments are not necessarily those of the staff or management of Runboard.
3/29/2015, 11:52 pm Link to this post PM joepyne
 


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