President Obama is about to become the most expensive ex-president, costing taxpayers $1,153,000 next year, according to a new Congressional Research Service memo looking at the official allowances for the five living former chief executives.
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.
Our 4th of July Super Sale has been extended! Get double Patriot Points and free shipping on the hottest items!