House approves bill to cap expenses for ex-presidents - Spokane, North Idaho News & Weather KHQ.com

House approves bill to cap expenses for ex-presidents

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Former President Bill Clinton received $950,000 from taxpayers in 2014 Former President Bill Clinton received $950,000 from taxpayers in 2014
WASHINGTON -

The House has voted to limit federal expenses for former presidents who receive lucrative speaking fees or other income totaling more than $400,000 a year.
    
Former presidents receive a pension of more than $200,000 a year. They also get annual expenses that can add up to more than $1 million for office space, travel and other costs.
    
Under the bill, approved by voice vote Monday, the government would begin reducing payouts after their income reaches $400,000. And ex-presidents who earn more than $600,000 a year would not receive any federal funds for office expenses or travel.
    
Former President Bill Clinton received $950,000 from taxpayers in 2014, while George W. Bush received $1.3 million, mostly for office space. Both Clinton and Bush have earned millions in speaking fees since leaving office.

(Copyright 2016 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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