It's not the '50s anymore. I don't get why we pay for anything but temporary Secret Service detail for these guys. Today's politicians usually leave office incredibly rich.
An excerpt from The Washington Times: Former President Barack 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 George W. Bush’s request for next year and nearly $200,000 more than Bill Clinton’s expected budget. George H.W. Bush is slated to get $942,000, while Jimmy 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 Harry S. Truman struggled for income when he left the White House in 1953.