Congress Wants to Take Away Obama’s Pension After They Made Shocking Discovery

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Now, this has to be the best news we’ve heard in a long time.

Congress has now officially put Barack Hussein Obama on notice that his generous Tax Payer funded pension would be taken away if he keeps living like the life of the high rolling, jet-setting elitist that he thinks he is.

It’s being reported that Congress is taking a second look at and might be canceling his $400,000 taxpayer-funded pension.

The bill which was introduced while Obama was still in office would forfeit the pension if any former president made more than $200,000 per year. Of course because Obama saw what was coming when it came to his own pocketbook he vetoed it. But under President Trump the reality is different.

$400,000 just to give a speech? A speech that most certainly involved the word “I” at least 60% of the time? Are you kidding me?

Come on people, this is a no-brainer. There is no reason why we the taxpayers need to be paying these bums a pension for the rest of their lives. Even presidents who weren’t rich when elected to the office leave rich after eight years of cheating and stealing from the hard-working people of this country.

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Officers Just Hauled Rotten Dem Off Capitol Hill In Handcuffs – It’s About Time!

Here is more on this via USA Today:

“WASHINGTON — Last year, then-president Barack Obama vetoed a bill that would have curbed the pensions of former presidents if they took outside income of $400,000 or more.

So now that former president Barack Obama has decided to accept $400,000 for an upcoming Wall Street speech, the sponsors of that bill say they’ll reintroduce that bill in hopes that President Trump will sign it.

“The Obama hypocrisy on this issue is revealing,” said Rep. Jason Chaffetz, R-Utah, chairman of the House Oversight and Government Reform Committee and sponsor of the 2016 bill. “His veto was very self-serving.”

Chaffetz and Sen. Joni Ernst, R-Iowa, 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.

The issue isn’t a partisan one — or at least, it wasn’t last year. The bill passed both the House and Senate with no opposition, and no veto threat had come from the White House.

So when Obama’s veto came one Friday night last July — on the last day for him to sign or veto the legislation — it took lawmakers by surprise. It was the 11th of Obama’s 12 vetoes.

At the time, Obama argued that the bill would have “unintended consequences” and “impose onerous and unreasonable burdens” on former presidents by requiring them to immediately lay off staff and find new office space.

Republican leaders did not call up the bill for a veto override, which would have required a two-thirds majority in both chambers.

Democrats say they won’t necessarily oppose changes.

Rep. Elijah Cummings, D-Md., the top Democrat on Chaffetz’s committee, was a co-sponsor of the original bill. “Cummings definitely supports the concept, and if we can work out the technical issues with the bill that arose late in the last Congress, we expect he would strongly support it again,” said spokeswoman Jennifer Hoffman Werner.

Trump has not taken a position on the legislation. But during the campaign, he said he’d take a close look at pensions for elected officials — especially members of Congress.

“The first thing I’m going to do is tell you that if I’m elected president, I’m accepting no salary, OK?” he said at a town hall in 2015. “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.”

Under the Former Presidents Act, the nation’s five living former presidents — Jimmy Carter, George H.W. Bush, Bill Clinton, George W. Bush and Obama — get a pension equal to the salary of a current cabinet secretary: $207,800 in 2017. They also get $150,000 to pay staff, and “suitable office space, appropriately furnished and equipped.”

In 2015, the entire benefit package ranged from $430,000 for Carter to $1.1 million for George W. Bush.

With Obama joining the club as of Jan. 20, the 2017 spending bill approved by the House Wednesday contained nearly $3.9 million for all the former presidents through Sept. 30 — a $588,000 annual increase.

Obama spokesman Kevin Lewis said the former president had no comment on the legislation.

Obama has already shown he has considerable potential to raise money in his post-presidential career. He and his wife Michelle have signed a publishing deal for two separate books, which the Financial Times reported was worth at least $65 million. And the Wall Street speech — a health care conference planned by investment firm Cantor Fitzgerald in September — will reportedly net him another $400,000.

“President Obama will deliver speeches from time to time,” said Eric Schultz, a former White House spokesman who continues to advise Obama. “Some of those speeches will be paid, some will be unpaid, and regardless of venue or sponsor, President Obama will be true to his values, his vision, and his record.”

Obama has said he also plans to use his post-presidency to work on a range of issues through his presidential center in Chicago. On Wednesday, he unveiled the design of that center and said he would donate $2 million to a summer jobs program for Chicago youth.

A spokesman for President George H.W. Bush said he does not oppose changes to the law, and expects that Congress will likely take some action.

“At age 93, he recognizes that any change to the act would have a greater impact on the other former presidents,” said spokesman Jim McGrath. “For the sake of future occupants of the office, he does think some consideration should be given to the public role former presidents play — and we are told that very positive conversations addressing that and other matters have taken place.”

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.

I think too many people, including all of the former presidents who are still with us don’t fully grasp the notion that we as a nation are for all intent and purpose, broke. And just like they have all told us in the past that we had to “live without” it’s about damn time they start setting an example like in the way President Trump is doing so by donating his full presidential salary.

Criminal McCabe Could Get His Entire Pension After What Rotten Dems Just Did Behind Trump’s Back!

Say what you will about the left side of the political spectrum in this country, but at least they stick together and support their own.

After President Donald Trump instructed Attorney General Jeff Sessions to fire the former FBI director Andrew McCabe for leaking classified information just two days before his scheduled retirement where he would have been entitled to a sum of over 2 million dollars as a retirement package which is paid by none other than the American Taxpayer. The left and their cohorts in the in mainstream media are trying to help McCabe beat the system.

What Andrea Michelle and Congressman Pocan don’t seem to understand, or care to understand is that McCabe even confessed to what he did. But in order to defend himself from being fired two days before getting his pension, he pointed the finger at Comey as the one who was leaking confidential information to the media. Along with lying to Congress while under oath.

McCabe later added he was singled out after attacks by President Trump and his critics within the FBI and Congress. But in order to defend his actions, McCabe explained that what he had done with the reporter wasn’t a secret and it took place over several days. Which would prove there is no way he could have done this leak alone.

We know neither Andrea Mitchell or Congressman Pocan are on President Trump’s side, so who’s side are these people on? Comey’s or McCabe’s? Because after this revelation it can’t be both. Either McCabe or Comey has to be lying at this point since McCabe’s comments claim the former FBI director knew very well he was talking to a journalist from the Wall Street Journal.

Seems like they only care about getting one over on the President.

Here is more information on McCabe’s pension via The Freebeacon:

‘FBI deputy director Andrew McCabe is set to receive a nearly $2 million pension, according to a Washington Free Beacon analysis.

The top law enforcement official, who has come under scrutiny for overseeing the investigation into Hillary Clinton’s private email server, stepped aside on Monday. McCabe took early retirement, which he was eligible for after serving at the bureau for over 20 years.

McCabe joined the FBI in 1996 and worked his way up to high paying executive service positions. He was serving as the assistant director in charge of the Washington, D.C., field office until July 2015, when he was named the FBI’s associate deputy director, carrying an ES Level 4 pay scale.

The Federal Employees Retirement System (FERS) calls for law enforcement officers to receive 1.7 percent of the officer’s average highest salary over a period of three consecutive years per year for the agent’s first 20 years of service. Additionally, they receive 1 percent of the highest average salary for each year exceeding 20 years of service. McCabe served 21 years.

At executive and senior pay levels, McCabe’s average highest salary is estimated at $157,800, taken from his various roles at the FBI between 2015 and 2017. The estimate is based on executive service pay levels compiled by FederalPay, a public resource that uses data from the General Services Administration and the Office of Personnel Management.

In 2015, McCabe received roughly $151,200, after reaching the higher ES Level 4 salary in July after being named associate deputy director. McCabe received $160,300 in 2016, after James Comey appointed him deputy director. In 2017, remaining in an ES Level 4 position, he received $161,900.

By multiplying McCabe’s highest average salary of $157,800 by 1.7 percent, for each of his first 20 years of service, he receives an annual $53,652 pension. He receives an additional 1 percent for one year of service, having served since 1996. This gives McCabe an additional $1,578, giving him an annual pension of $55,230.

The Office of Personnel Management has set the average life span of law enforcement officers at nearly 83 years. The lifetime value of McCabe’s pension is estimated at $1.8 million.

McCabe is 49, though he likely had enough paid vacation days saved up to step down before his 50th birthday, the age requirement for those taking early retirement with at least 20 years of service.

As a law enforcement officer, McCabe is also eligible for cost of living adjustment on top of his pension.

McCabe has been at the center of controversy over leadership at the FBI since before the 2016 presidential election, when the Wall Street Journal revealed his wife received over $600,000 for her failed Virginia state senate campaign from political groups tied to Terry McAuliffe, a long-standing ally of Hillary Clinton. McCabe oversaw the investigation into Clinton’s misuse of classified information.

McCabe received the statement drafted by Comey exonerating Clinton months before she was ever interviewed for the investigation. He was also referenced in text messages between Peter Strzok and Lisa Page, the anti-Trump FBI officials who discussed an “insurance policy” if Trump won the presidential election.’

Source:daily-vine.com

Congress Wants to Take Away Obama’s Pension

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Congress has put Barack Obama on notice that his generous government pension could be taken away if he keeps living like a celebrity.

Obama’s behavior since leaving office has only cemented the fact that he’s an elitist.

From partying on yachts with Hollywood stars to raking in MILLIONS OF DOLLARS in book deals and speaking fees, Obama’s doing anything but retire with class and grace.

He certainly wasn’t the “people’s president,” and there’s no reason the PEOPLE should be subsidizing his lavish lifestyle.

USA Today reported that Congress is taking another look at a bill that would cancel pension payments to past presidents if they earn $400,000 or more in a fiscal year.

Unsurprisingly, Obama himself vetoed that bill when it was first introduced.

Obama had already put the wheels of his post-presidency cash machine in place, and wasn’t about to let Congress derail his plans.

But now that he’s out, Congress is going after Obama.

In response to the USA Today report that Obama’s earnings could trigger congressional action, House Oversight and Government Reform Chair Jason Chaffetz responded:

Let Congress know we are behind them – SHARE THIS EVERYWHERE!

Obama is using OUR tax dollars to fund a level of luxury he does NOT DESERVE.

 Source:conservativepost.com

Michelle Obama DEMANDS Americans PAY UP To Give Her Mom A Cushy $160k Pension . Do You Support This ?

Barack Obama has admitted to doing drugs with his  “Choom Gang” and is the worst President of all time. Michelle spends all her time ruining our kids’ school lunches and spending millions on vacations with her daughters. And the Obama kids are an embarrassment – going to drinking parties, and maybe even doing drugs in public.

They are shameful swindlers, wasting your tax dollars on their comfort and profligacy.

But now, a story is going viral that claims the most outrageous waste of taxpayer money by the Obama family.

First Grandma Marian Robinson, 79, will receive a lifetime 160K government pension when she leaves the White House next year,

according to congressional budget statements. According to documents obtained through the Freedom of Information Act (FOIA), Mrs. Robinson earned the lifetime pension for

“services rendered as full-time/in-home caregiver” for granddaughters Malia, 18, and Sasha, 15, during President Obama’s two terms in office.

Michelle Obama’s mom got to live like a queen in the White House, but they are going to pay her $160,000 every year for the rest of her life for babysitting her own granddaughters?

This is the kind of graft and corruption that happens in places like Iraq and North Korea. Michelle Obama’s mom didn’t earn a pension that’s THREE TIMES bigger than the average American family’s income.

It seems that just like Barack, the rest of the Obama’s never had real jobs, and instead of live high on the hog off the backs of regular taxpaying Americans.

Share this story with all your friends and family. We can’t let the Obamas get away with this!

Source:www.readfirstoday.com

Jerry Brown Signs California’s Death Warrant. Ruling Signals The End

As the rest of the country benefits from President Trump’s economy, one place suffers. California. Thanks to its super-liberal leadership, the once great state is hitting hard times. It comes as wildfire scorch much of the state and mudslides wipe out what’s left of it.

The state would be in a better place, if it had conservative leadership. Instead they have out-of-control liberals, who spent their money on government handouts and other wasteful programs. Their democratic lawmakers have neglected much-needed concerns, in favor of terrible, liberal policies.

Now we are learning that it’s not just California citizens who are going to suffer. People who worked for the state for years are now going to get punished.

From Bloomberg:

California Governor Jerry Brown said legal rulings may clear the way for making cuts to public pension benefits, which would go against long-standing assumptions and potentially provide financial relief to the state and its local governments…

That would be a major shift in California, where municipal officials have long believed they couldn’t adjust the benefits even as they struggle to cover the cost. They have raised taxes and dipped into reserves to meet rising contributions. The California Public Employees’ Retirement System, the nation’s largest public pension, has about 68 percent of assets needed to cover its liabilities. For the fiscal year beginning in July, the state’s contribution to Calpers is double what it was in fiscal 2009.

Across the country, states and local governments have about $1.7 trillion less than what they need to cover retirement benefits — the result of investment losses, the failure by governments to make adequate contributions and perks granted in boom times.

“In the next downturn, when things look pretty dire, that would be one of the items on the chopping block,” Brown said.

Oh, that’s on the chopping block, Jerry? Not the fund you use to shield illegal aliens? Or the cash you burn for government handouts to people who refuse to work? You protect criminals, free loaders, and outsiders. But the people who worked for years to make California a better place? Cut them off!

It’s amazing to see how out of whack liberal priorities are. Last year, the California was considering creating a state-run health care system. It would have cost them $400 billion (to start). Yet they don’t even have the money to pay their retired workers’ pensions. Talk about irresponsible.

How much money do they shell out giving benefits to illegals? How much cash is spent supporting the freeloaders in San Francisco? Where did all the money go, Jerry? If they can’t pay these pensions, perhaps an investigation is in the works. Perhaps these democrats have been padding their own pockets all these years.

Regardless of the reason, it’s a crime for California to cut off their retirees’ pensions. These people worked for those benefits. They were committed to the state. Now, when they are in need, Jerry Brown wants to drop them.

I can’t imagine how a governor could do that.

Source: Bloomberg, patriotjournal.org

Congress Wants to Take Away Obama’s Pension

Congress has put Barack Obama on notice that his generous government pension could be taken away if he keeps living like a celebrity.

Obama’s behavior since leaving office has only cemented the fact that he’s an elitist.

From partying on yachts with Hollywood stars to raking in MILLIONS OF DOLLARS in book deals and speaking fees, Obama’s doing anything but retire with class and grace.

He certainly wasn’t the “people’s president,” and there’s no reason the PEOPLE should be subsidizing his lavish lifestyle.

USA Today reported that Congress is taking another look at a bill that would cancel pension payments to past presidents if they earn $400,000 or more in a fiscal year.

Unsurprisingly, Obama himself vetoed that bill when it was first introduced.

Obama had already put the wheels of his post-presidency cash machine in place, and wasn’t about to let Congress derail his plans.

But now that he’s out, Congress is going after Obama.

In response to the USA Today report that Obama’s earnings could trigger congressional action, House Oversight and Government Reform Chair Jason Chaffetz responded:

Let Congress know we are behind them – SHARE THIS EVERYWHERE!

Obama is using OUR tax dollars to fund a level of luxury he does NOT DESERVE.

 Source:conservativepost.com

You’ll Never Guess How They’re Taking Away Obama’s Pension, He Is Furious

Barack Obama really worships his money and there’s nothing bad about it.

HOWEVER, WHEN YOU ARE EXTREMELY ENGAGED WITH YOUR MATERIAL WORLD, AT SOME POINT OR ANOTHER YOU BEGIN LOSING YOUR SENSE OF BEING.

Barack Obama made some very, very poor moves while he was in the Oval Office and he made them most likely on the grounds that he was occupied with his own particular plans and individual agenda.

Be that as it may, he received some really bad news.

You can read more about it in the text below:

Via Conservative Tribune:

One of the many perks of becoming the president of the United States is that you have been guaranteed an income for life worth millions of dollars, thanks to the American taxpayers — no matter what other earnings might be coming in.

However, the days of the federal treasury paying presidents huge amounts of money they’ll never need may finally be over thanks to a bill that is making its way through the Senate, The Daily Caller reported.

On Wednesday, the Senate Committee on Homeland Security and Governmental Affairs unanimously approved a bill that would cut presidential pensions, saving the taxpayers millions.

THE BILL, WHICH WAS INTRODUCED BY REPUBLICAN IOWA SEN. JONI ERNST, WOULD CAP THE PENSIONS AT $200,000, WITH ADJUSTMENTS MADE FOR THE INCREASE IN THE COST OF LIVING EACH YEAR.

In addition, the legislation includes language that for every dollar above $400,000 that a president makes from things like speeches and other post-presidential events, one dollar would be taken off the pension. Bloomberg noted that former President Barack had Obama already made $400,000 from one speech given to clients of Northern Trust Corporation.

The bill would not change any of the security measures provided to former presidents.

“Our national debt now exceeds $20 trillion; this bipartisan effort is another important step toward reining in Washington’s out-of-control spending,” Ernst explained.

The Washington Times noted that that Obama vetoed similar legislation in 2016 — his final year in office.

With presidents making millions of dollars after they finish their time in office (which is perfectly fine), it makes no sense for the taxpayers to be providing them with an income regardless of their other arrangments.

Footing the bill for security is one thing, but just giving someone money because they used to be a president makes zero sense. This is essentially high-dollar welfare for people who clearly don’t need it.

We hope that you found this article informative and helpful. Share your thoughts and opinions with us!

 Source:www.nationalinsiderpatriot.com

Congress Wants to Take Away Obama’s Pension

Congress has put Barack Obama on notice that his generous government pension could be taken away if he keeps living like a celebrity.

Obama’s behavior since leaving office has only cemented the fact that he’s an elitist.

From partying on yachts with Hollywood stars to raking in MILLIONS OF DOLLARS in book deals and speaking fees, Obama’s doing anything but retire with class and grace.

He certainly wasn’t the “people’s president,” and there’s no reason the PEOPLE should be subsidizing his lavish lifestyle.

USA Today reported that Congress is taking another look at a bill that would cancel pension payments to past presidents if they earn $400,000 or more in a fiscal year.

Unsurprisingly, Obama himself vetoed that bill when it was first introduced.

Obama had already put the wheels of his post-presidency cash machine in place, and wasn’t about to let Congress derail his plans.

But now that he’s out, Congress is going after Obama.

In response to the USA Today report that Obama’s earnings could trigger congressional action, House Oversight and Government Reform Chair Jason Chaffetz responded:

Let Congress know we are behind them – SHARE THIS EVERYWHERE!

Obama is using OUR tax dollars to fund a level of luxury he does NOT DESERVE.

 Source:conservativepost.com

 

Congress Wants to Take Away Obama’s Pension

Congress has put Barack Obama on notice that his generous government pension could be taken away if he keeps living like a celebrity.

Obama’s behavior since leaving office has only cemented the fact that he’s an elitist.

From partying on yachts with Hollywood stars to raking in MILLIONS OF DOLLARS in book deals and speaking fees, Obama’s doing anything but retire with class and grace.

He certainly wasn’t the “people’s president,” and there’s no reason the PEOPLE should be subsidizing his lavish lifestyle.

USA Today reported that Congress is taking another look at a bill that would cancel pension payments to past presidents if they earn $400,000 or more in a fiscal year.

Unsurprisingly, Obama himself vetoed that bill when it was first introduced.

Obama had already put the wheels of his post-presidency cash machine in place, and wasn’t about to let Congress derail his plans.

But now that he’s out, Congress is going after Obama.

In response to the USA Today report that Obama’s earnings could trigger congressional action, House Oversight and Government Reform Chair Jason Chaffetz responded:

Let Congress know we are behind them – SHARE THIS EVERYWHERE!

Obama is using OUR tax dollars to fund a level of luxury he does NOT DESERVE.

 Source:conservativepost.com