Former President Barack Obama will cost taxpayers $1,153,000 next year, according to a Congressional Research Service memo.
That amount will make Obama’s expenses the highest of the five living ex-presidents, the Washington Times reported.
The Former Presidents Act, which became law in 1958, provides former White House occupants with lifetime benefits after leaving office. Each ex-president receives a base pension of $205,700 annually, but the budget requests they submit to Congress may also address additional expenses, such as for staff salaries, office allowances, travel and Secret Service protection.
Obama’s $1,153,00 budget request for 2018 is nearly $100,000 more than that of former President George W. Bush, and around $200,000 higher than for former President Bill Clinton.
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