Bill 119 HR 159, also known as the "No Pensions for Past Presidents Act," aims to amend title 5 of the United States Code to end pensions for Members of Congress. The bill seeks to eliminate the pension benefits that former p...
residents receive after leaving office.
The bill is a response to concerns about the cost of providing pensions to former presidents, as well as the perceived unfairness of providing these benefits to individuals who may already have substantial financial resources.
If passed, the bill would terminate pensions for Members of Congress, including former presidents, and redirect those funds to other purposes. The bill does not specify what those other purposes would be, leaving that decision up to Congress.
Overall, the bill is intended to save taxpayer money and address concerns about the use of public funds to support former presidents who may not need financial assistance. It is likely to generate debate and discussion among lawmakers and the public about the appropriate use of government resources.