Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

Former Presidents: Pensions, Office Allowances, and Other Federal Benefits

CRS Report via FAS – Former Presidents: Pensions, Office Allowances, and Other Federal Benefits, Wendy Ginsberg, Analyst in American National Government; Daniel J. Richardson, Research Assistant, March 16, 2016.

“The President’s FY2017 budget request seeks $3,865,000 in appropriations for expenditures for former Presidents, an increase of $588,000 (17.9%) from the FY2016 appropriation level. The increase in requested appropriations for FY2017 anticipates President Barack Obama’s transition from incumbent to former President. For FY2016, President Obama requested and received appropriations of $3,277,000 for expenditures f or former Presidents—an increase of $25,000from FY2015 appropriated levels. Some critics of the Former Presidents Act say the statute subsidizes Presidents who are not struggling financially. Others argue that although a former President is not in a formal public position, he remains a public figure and should be provided a pension and benefits that permit him to perform duties that emerge as a result of his public status…This report provides a legislative and cultural history of the Former Presidents Act. It details the benefits provided to former Presidents and their costs. Congress has the authority to reduce, increase, or maintain the pension and benefits provided to former Presidents of the United States. This report considers the potential effects of maintaining the FPA or amending the FPA in ways that might reduce or otherwise modify a former President’s benefits.”

Sorry, comments are closed for this post.