What this bill does
AI plain-language summaryThis bill changes how future former Presidents are paid after they leave office. Instead of the current system, which gives them a salary equal to what a top government official makes plus office space and staff, future former Presidents would get a yearly payment of $200,000 and an additional $200,000 allowance, both of which would increase over time with the cost of living. The allowance would be reduced if the former President earns more than $400,000 a year, and neither payment would apply while the former President holds a paying government job. The bill also removes the guarantee of government-provided office space and staff and raises the yearly payment for a surviving spouse of a future former President from $20,000 to $100,000, with cost-of-living increases.
Introduced
February 12, 2025
Policy Area
Government Operations and Politics
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