[Ed. – … truly well off…]
An April Congressional Research Service (CRS) report shows that the Government Services Administration (GSA), which is in charge of supporting federal disbursements, budgeted $950,000 for former president Bill Clinton in the 2014 budget.
Clinton will collect a $201,000 pension in 2014, a figure four times larger than the median family income in the United States. The Clintons have received a total of $15,938,000 in federal money since 2001.
Hillary Clinton recently described the poverty her family experienced upon exiting the White House while promoting her book. They were “dead broke,” Hillary said, adding that she and her husband “struggled to, you know, piece together the resources for mortgages for houses, for Chelsea’s education, you know, it was not easy.”
Clinton’s pension is just a small portion of the costs the former president will incur over the next year. GSA budgeted $450,000 to pay for Clinton’s office space, the highest total of the four living presidents.
CRS noted that America has not always taken financial care of their former heads of state. Harry S. Truman, for example, died in poverty in his Missouri home after leaving the White House.