No Presidential Payouts Act
No Presidential Payouts Act
Plain Language Summary
# No Presidential Payouts Act Summary **What the Bill Would Do** The No Presidential Payouts Act would prevent former presidents from receiving federal retirement benefits and other payments after leaving office. Currently, former presidents receive pensions, office allowances, staff funding, and Secret Service protection at taxpayer expense. This bill would eliminate those financial benefits, though the specific scope of which benefits would be cut isn't detailed in the available information. **Who It Affects** This legislation would primarily affect former U.S. presidents and their families who currently receive federal retirement packages.
Taxpayers would also be impacted, as the bill could reduce federal spending on former presidential benefits. **Current Status** The bill was introduced by Representative Jasmine Crockett (D-Texas) in the 119th Congress but remains in committee, meaning it has not advanced to a full House vote. No additional details about committee action or co-sponsors are currently available. The bill has not progressed beyond the initial committee stage.
Latest Action
Referred to the House Committee on the Judiciary.