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YOUR BALANCE
Now...cut your pensions, too!!
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Now...cut your pensions, too!!


Nov 20, 2017, 7:39 PM

#draintheswamp

http://www.foxnews.com/politics/2017/11/14/house-wants-to-cut-presidential-pensions-citing-six-figure-speaking-fees-and-massive-book-deals.html

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This is really much ado about nothing.


Nov 20, 2017, 11:19 PM

"The measure slightly reduces the pension for former presidents from $205,700 to $200,000 annually. The bill also caps the office allowance at $500,000, but will shrink in ensuing years to $250,000, with the possibility of shrinking even more depending on how much a former president earns. "

It makes for a fine headline but it really is nothing.

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null


Re: This is really much ado about nothing.


Nov 21, 2017, 8:49 AM

yeah, that should balance the deficit.

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we've got people who don't want insurance to pay for!***


Nov 21, 2017, 9:25 AM



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And who get free food. And housing. And lunch at


Nov 21, 2017, 10:14 AM

school. And healthcare. Oh wait, there's that word again. Free. Lol.

It is amazing, the difference between our total federal budget and discretionary spending (including defense) is only 1/3 larger than our yearly deficit. Cut ALL discretionary spending to a big fat zero, and we will run a surplus that's big enough to erase our national debt in a 2-3 decades.

Someone either pokes that elephant in the room called entitlements, or that elephant will sit on us all.

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Pensions? What is a pension? Never heard of it.


Nov 21, 2017, 10:07 AM

I think that's something old people get that doesn't exist anymore because it was never financially sustainable. One day someone will say the same thing about Social Security.

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