House panel wants to cut taxpayer expenses on wealthy ex-presidents

House panel wants to cut taxpayer expenses on wealthy ex-presidents

After it was revealed that Bill and Hillary Clinton have earned $30 million in the last 16 months, the House Oversight panel backed a measure that would limit taxpayer dollars on expenses incurred by ex-presidents earning more than $400,000 a year.

The measure, passed by a voice vote, would set presidential pensions at $200,000 a year, with another $200,000 set aside for office space and other expenses, the Associated Press reported.

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