Baku. 11 November. REPORT.AZ/ The Former Presidents Act is expected to get a vote early next week. The bill, from Rep. Jody Hice, R-Ga., would cap the pensions of former presidents at $200,000, Report informs citing Washington Examiner.
Former presidents receive $205,000 today.
"The Presidential Allowance Modernization Act presents a fair way to reduce taxpayer support to those former presidents who simply do not need such assistance, while modernizing outdated measures," Jody Hice said when he introduced the bill.