We all know how former President Barack Obama used taxpayer’s money to treat himself and his family to pretty much whatever they desire. Since his departure from the White House, Obama has blown through so much money, spending it on lavish vacations and living like a celebrity. He didn’t care much about how or what he would spend money on because he was counting on the presidential pensions to get him covered. However, Congress just decided that they aren’t going to let it slide. They are about to hit Obama where it hurts, letting him know that his hefty government pension could very well be taken away.
After leaving the Oval Office in January, Obama took his family on a pricy getaway to Marlon Brando’s private island in Bali. He then took his family to the four-seasons where the rooms cost approximately $2,000 a night. It didn’t stop there. Their never-ending vacation continued in a Palm Springs estate, then onto Sir Richard Branson’s Necker Island. After those trips the family stayed at the Mid Pacific Country Club in Oahu, then onto the 13thcentury Borgo Finocchieto in Tuscany. Next was the Rising Sun, and Hollywood studio mogul Davis Geffen’s private yacht.
What else has Obama been doing? He’s been counting his millions from book deals and speaking fees.
Even Democrats are not so happy with his behavior. However, there are still some die-hard Obama supporters who kiss his rear simply because he was “the first black President” of the United States.
Now, Congress is considering a bill that would potentially cancel all pension payments to past presidents if their income is higher than $400,000 or more in a fiscal year. Of course, Obama vetoed that very bill while he was in office when it was first introduced, because he knew what that would mean for him and his fortune. It’s clear that Obama had a plan for his post-presidency lifestyle while he was in office. He wasn’t going to let Congress come between him and ‘his’ money.
House Oversight and Government Reform Chair Jason Chaffetz confirmed that Obama’s earnings may cause congressional action.
“Obama’s $400,000 speech could prompt Congress to go after his pension,” Chaffetz said.
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