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3/14/2015 9:08 am  #1

Maybe we should rethink this welfare program

Talk about federal tax dollars being wasted. What a government boondoggle.

From a Business Insider article:

Bill Clinton has received $16 million from taxpayers since he left the White House ... and George W. Bush is getting more

President Bill Clinton has received about $16 million in taxpayer dollars since he left office in 2001, according to an analysis released by Politico on Thursday.
The money came from the Former Presidents Act, which provides funding for ex-presidents to have pensions, office space, and personal staffs after they leave the White House.

This program was created after President Harry Truman experienced financial woes after leaving office. It was designed to prevent former presidents from being forced to engage in activities that might be below the dignity of the office and to help them remain engaged with the public.

In recent years, the Former Presidents Act has proved controversial because modern former presidents are generally able to earn lucrative incomes after their time in office.

In total, Clinton has received more money from the Former Presidents Act than anyone else. However, since he left office in 2009, President George W. Bush has taken money at a higher rate and is on pace to eventually pass Clinton.

Clinton's wealth and finances have come under increasing scrutiny as his wife, Hillary Clinton, is widely expected to launch a 2016 presidential bid. Last year, Hillary Clinton raised eyebrows when she referred to their family as "not truly well off" and claimed they were "dead broke" upon leaving the White House in 2001. President Clinton has reportedly made over $100 million in speaking fees since he left office and their family foundation has raised nearly $2 billion, including controversial donations from foreign governments.

Spokespeople for both of the Clintons and their foundation did not respond to a request for comment on this story.

I guess it's good to be king.


3/14/2015 9:17 am  #2

Re: Maybe we should rethink this welfare program

They should just change it to say that it only kicks in when their finances are below a certain threshold if people agree to have such a program at all. I vote the threshold should be the national poverty line, you know the same threshold the American people go by.

Wishful thinking on my part to expect equal rules on their part.


3/14/2015 11:01 am  #3

Re: Maybe we should rethink this welfare program

The program might have served it's purpose for Truman , but it is certainly way past time to junk it. !!!


Last edited by tennyson (3/14/2015 11:02 am)

"Do not confuse motion and progress, A rocking horse keeps moving but does not make any progress"

3/15/2015 8:26 am  #4

Re: Maybe we should rethink this welfare program

Never mind that, there are people out there getting $194 per month in food stamps.


If you make yourself miserable trying to make others happy that means everyone is miserable.

-Me again


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