He won’t go away.
Actually, none of them actually go away, completely. We always end up paying for them to continue on in a comfy lifestyle.
Our most expensive payout is about to be former President Obama, however.
As it is, former presidents are allowed an office, a budget, and a pension, at taxpayers’ expense. President Obama has requested a really obnoxious amount, in order to live the lifestyle he has become accustomed to living.
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.
And every president since has made it work for them, along with the extras, like speaking engagements and book royalties.
With that in mind, you’d think there’s be some kind of cap on those government goodies.
By far the biggest cost for ex-presidents is renting office space. Mr. Obama’s office — 8,198 square feet in Washington, 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.
Seriously, why do they need an office? Just be like other retirees and live in an RV!
As for other specifics, Obama has the highest pension payment, at $236,000. Former President Bill Clinton is close behind, with a pension payment of $231,000. George W. Bush gets $225,000, according to the General Services Administration.
When it comes to the communications budget, George W. Bush tops the crowd, with $69,000. Obama will only get $11,000, but let’s be honest – I’d much rather hear from Bush than Obama, post-presidency.
Poor ‘ol one-term Carter doesn’t even qualify for the health benefits, since 5 years in federal government service are required.
One final thought: Since Obama seems intent on inserting himself into every political controversy, is he really retired, and if not, why are we still footing the bill for him?