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5/4/17

Jason Chaffetz threatens to cut Barack Obama's pension

For those worried that if Jason Chaffetz acts on his mysterious threat to take the early bus out of the House, he might be missed, here’s some reassurance: No. No, he won’t.

Jason Chaffetz
@jasoninthehouse

Obama's $400,000 speech could prompt Congress to go after his pension https://usat.ly/2pyJUSb  via @USATODAY Yes, it will

That’s Jason Chaffetz threatening to go after Barack Obama’s presidential pension because he made a big payday on a speech.

Chaffetz and Sen. Joni Ernst, R-Iowa, the sponsor of the companion Senate bill, say they will re-introduce the Presidential Allowance Modernization Act this month. The bill would cap presidential pensions at $200,000, with another $200,000 for expenses. But those payments would be reduced dollar-for-dollar once their outside income exceeds $400,000.

It’s understandable that Chaffetz wants to be seen doing something, since his job on the House Oversight Committee seems to be to stop anything from getting done. And of course, President Obama is so much worse on this point than the last Republican president, who only got … hold on a minute.

Bush has been raising his profile in a different, and lucrative, way: He has raked in millions of dollars since leaving office by making scores of speeches that typically earn him six figures a pop. … Those speeches have earned Bush about $15 million, following in the golden path blazed by his predecessor, Bill Clinton.

But then, Bush wasn’t a Democrat. And he certainly wasn’t black.



from Daily Kos http://ift.tt/2p2M1yH

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