"Patriots are not revolutionaries trying to overthrow the government of the United States.
Patriots are Counter-Revolutionaries trying to prevent the government from overthrowing the Constitution."
The Coach’s Team (TCT) offers the best in conservative essays along with articles taken from various internet sites. The victory of Donald Trump has provided a God-sent opportunity to reverse the years of willful damage done our nation by Barack Hussein Obama.
Tuesday, October 10, 2017
Breaking: Obama and His Cushy Pension Just Got Massive Bad News From the GOP
One of the many perks of becoming the
president of the United States is that you have been guaranteed an income for
life worth millions of dollars, thanks to the American taxpayers — no matter
what other earnings might be coming in.
However, the days of the federal
treasury paying presidents huge amounts of money they’ll never need may finally
be over thanks to a bill that is making its way through the Senate, The Daily Caller reported.
On Wednesday, the Senate
Committee on Homeland Security and Governmental Affairs unanimously approved a
bill that would cut presidential pensions, saving the taxpayers millions.
The bill, which was introduced by
Republican Iowa Sen. Joni Ernst, would cap the pensions at $200,000, with
adjustments made for the increase in the cost of living each year.
Laugh that off, Barry
In addition, the legislation includes
language that for every dollar above $400,000 that a president makes from
things like speeches and other post-presidential events, one dollar would be
taken off the pension.
Bloomberg noted that former President Barack had Obama
already made $400,000 from one speech given to clients of Northern Trust Corporation.
The bill would not change any of the
security measures provided to former presidents.
“Our national debt now exceeds $20
trillion; this bipartisan effort is another important step toward reining in
Washington’s out-of-control spending,” Ernst explained.
With presidents making millions of
dollars after they finish their time in office (which is perfectly fine), it
makes no sense for the taxpayers to be providing them with an income regardless
of their other arrangements.
Footing the bill for security is one
thing, but just giving someone money because they used to be a president makes
zero sense. This is essentially high-dollar welfare for people who clearly
don’t need it.
Let’s hope this legislation gets
through the Senate and House quickly. This could save the taxpayers millions of
dollars, which is something we sorely need right now.