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While Americans are suffering in the Obama economy, President Barack Obama is seeking to increase the money available to him after he leaves the White House.

The Congressional Research Service reports that for requests for both 2016 and 2017 fiscal years, Obama’s proposed federal budget would expand funding through the Former Presidents Act. In 2017 alone, Obama wants nearly an 18% hike in expenditures… $588,000. That means $3.865,000 in appropriations will be available to spend on former Presidents!

The 2016 proposed budget includes an additional $25,000 increase.

The Former Presidents Act, enacted in 1958, provides living former presidents with a pension, office staff and support, funds for travel, Secret Service protection, and mailing privileges. It also provides benefits for presidential spouses. Currently, former presidents are awarded a pension equal to the salary of cabinet secretaries, which totaled $203,700 for the 2015 calendar year and was boosted by $2,000 for the current calendar year.

Critics of the act argue that it financially supports former presidents who are not struggling. Many of them, alternatively, have gone on to profit from writing books about their time in the White House or delivering paid speaking engagements.

Former President Bill Clinton, for example, earned $132 million for delivering paid speeches between February 2001 and March 2015, according to an analysis from CNN. Clinton received $924,000 in taxpayer dollars last year by way of the Former Presidents Act...

http://www.thepoliticalinsider.com/break.../#ixzz43HFvpqmx

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Lest we lose sight of what we are fighting.