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New York Congressman Sean Patrick Maloney wants a law on the books that would revoke benefits for presidents convicted of a crime.
Maloney, a Democrat from the 18th District, introduced the Restoring and Enforcing Accountability of Presidents (REAP) Act with fellow Democrat Pramila Jayapal of Washington. The bill would require the forfeiture of benefits for any former president convicted of a felony during or after office. Under the Former President Act of 1958, U.S. presidents are granted a lifetime pension at the rate of a current cabinet secretary, a budget for staff personnel, and office space leased and furnished by taxpayer dollars. The REAP Act would hold presidents accountable by revoking benefits, excluding lifetime Secret Service protection.
As you may have heard, things havenât been going well for Donald Trump. He lost the election, he was impeached a second time, and as he vacated the White House his disapproval rating reached an all-time high. Worst of all from Trumpâs point of view, perhaps, is the steep decline in his net worth: According to Forbesâs ranking of the 400 richest Americans, Trumpâs wealth fell by an estimated $600 million since September 2019, leaving him with only $2.5 billion. Sad!
But the former president can take comfort in the knowledge that the American people wonât abandon him to destitution. They donât have a choice: Under the Former President Act, Trump is entitled to immediately begin collecting an annual pension â currently $221,400, increasing yearly â plus hundreds of thousands of dollars in annual staff and travel allowances. The law also directs the federal government to establish and furnish a âsuitableâ office at âsuch place withi
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