GOP After Obama’s Pension – ‘He Just Made $400K From Wall Street, CUT HIM OFF!’

GOP After Obama’s Pension – ‘He Just Made $400K From Wall Street, CUT HIM OFF!’

I guess miracles still do happen and the Republicans aren’t quite as useless as I thought. Did you know that last year, a bill was presented that proposed cutting a President’s pension if his adjusted gross income was greater than $400,000? I don’t remember it. Anyway, Obama of course vetoed it, claiming it would create too great a hardship on government employees, i.e. himself. Well, Jason Chaffetz is bringing it into the light once again and the Democrats are saying they will back it.

The breaking point came as Obama had two speaking engagements last month back to back where he made $400,000 a pop. He’s also got a book deal going that will make millions. First off, I don’t believe the President should get a lifetime annual annuity of $200,000, along with an additional annual monetary allowance of $200,000, “each adjusted annually for cost-of-living increases as provided by the Social Security Act.” I’m so sick of these politicians getting filthy rich. Did you know for instance that Susan Rice is worth $50,000,000? Most of us work all our days till the day we die for crumbs and these people get wealthy through corruption. And we let them.

From the Washington Examiner:

Former President Barack Obama’s $400,000 speaking fee has prompted another attempt to strip his pension, says House Oversight Chairman Jason Chaffetz.

Chaffetz, R-Utah, along with Sen. Joni Ernst, R-Iowa, say they will reintroduce the Presidential Allowance Modernization Act this month, according to a USA Today report on Wednesday. The legislation, which was vetoed by Obama in July of last year, would cut allowances of the ex-presidents.

At the time of the veto, Obama argued that such a bill would impose financial burdens on former executive branch employees.

“It would impose onerous and unreasonable burdens on the offices of former presidents, including by requiring the General Services Administration to immediately terminate salaries and benefits of office employees and to remove furnishings and equipment from offices,” Obama wrote in his veto message.

He added that he would be open to reconsidering a revamped version of the bill if it addressed his concerns.

Congress never attempted to override the veto.

Chaffetz, in tweeting out the USA Today report, with the headline, “Obama’s $400,000 speech could prompt Congress to go after his pension,” added his own message: “Yes, it will.” Good for him. It’s about time someone did this considering we are just about $21 trillion in debt. The Founding Fathers never meant for government to be that other way of getting rich.

The top Democrat on the oversight panel, Rep. Elijah Cummings, D-MD, was a co-sponsor of the original bill. A spokesperson from his office said the congressman would be open to backing another push. Even the Democrats are sick of this crap and that says something. The top Democrat on the oversight panel, Rep. Elijah Cummings, D-MD, was a co-sponsor of the original bill. A spokesperson from his office said the congressman would be open to backing another push. When commie leftists are willing to join with conservatives, you know there’s a problem. In John Hawkins’ new book, ‘101 Things All Young Adults Should Know’, he teaches in number 17 of the book, “If you want to know what a person really believes, watch their actions.” Obama is not ‘for the little guy’ or ‘for the people’… he’s for lining his own pockets, grasping more power and destroying our nation and all we stand for. His actions scream it.

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Terresa Monroe-Hamilton

Terresa Monroe-Hamilton is an editor and writer for Right Wing News. She owns and blogs at NoisyRoom.net. She is a Constitutional Conservative and NoisyRoom focuses on political and national issues of interest to the American public. Terresa is the editor at Trevor Loudon's site, New Zeal - trevorloudon.com. She also does research at KeyWiki.org. You can email Terresa here. NoisyRoom can be found on Facebook and on Twitter.

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