CONGRESS TO REINTRODUCE BILL, PRESIDENTIAL ALLOWANCE ACT, THAT LIMITS OBAMA’S PENSION: TRUMP, WE WILL WORK ON THAT

Posted on May 5, 2017

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FB: “Rep. Jason Chaffetz (R., Utah) and Sen. Joni Ernst (R., Iowa) on Wednesday said they will re-introduce the Presidential Allowance Modernization Act later this month to curb the pensions of former presidents if they take outside income that exceeds $400,000.
Chaffetz, the sponsor of the 2016 bill that was was vetoed by then-President Obama, and Ernst hope that President Trump will sign it after it was reported last month that Obama agreed to speak at a health care conference hosted by Wall Street firm Cantor Fitzgerald LP in September for $400,000, USA Today reported.”

“Chaffetz and Sen. Joni Ernst, 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.”

They want to re-introduce what was passed by Congress last year with no opposition, Obama vetoed it. If there is any inference of partisanship it will only be in the minds of the news media. The liberals follow their lead.

Trump September 2015: “The first thing I’m going to do is tell you that if I’m elected president, I’m accepting no salary, OK.
The next thing is when these guys go to Congress, as per your question, when they go to Congress, a couple of things happen. First of all they get benefits that nobody else can even think about, OK. And they don’t like to talk about it. But we’ll work on that.”

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FB: Chaffetz, Ernst to Propose Legislation That Could Affect Obama’s Pension

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Posted in: News, Politics