Republicans want to limit funding for ex-presidents
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Three Republicans want to cap federal spending on former presidents.

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Republican Sens. Joni Ernst (Iowa), Marco RubioMarco Antonio RubioLawmakers press Biden admin to send more military aid to Ukraine I'm furious about Democrats taking the blame — it's time to fight back The Hill's 12:30 Report: Djokovic may not compete in French Open over vaccine requirement MORE (Fla.) and Mark KirkMark Steven KirkBiden's relationship with 'Joe-Joe' Manchin hits the rocks Let's fix America's accounting problem — starting with Build Back Better Duckworth announces reelection bid MORE (Ill.) have introduced legislation that would limit a former president's annual pension and allowance each to $200,000.

The three said that during the 2015 fiscal year, former presidents spent more than $2.4 million, including money for travel, office space and communications. Office space in Dallas for former President George W. Bush, for example, cost more than $420,000 during the 2014 fiscal year, according to a Congressional Research Service report.

Rubio, a GOP 2016 presidential candidate, said he was "grateful for the service of former presidents," but added that "taxpayers no longer need to foot the entire bill for all the endeavors presidents undertake after leaving office."

The legislation would also reduce the amount given annually to former presidents by one dollar for every dollar of income they earn above $400,000 per year.

The measure follows reports that former President Bill ClintonWilliam (Bill) Jefferson ClintonPerdue proposes election police force in Georgia To boost economy and midterm outlook, Democrats must pass clean energy bill Could the coming 'red wave' election become a 'red tsunami'? MORE and former Secretary of State Hillary ClintonHillary Diane Rodham ClintonThe dangerous erosion of Democratic Party foundations The Hill's Morning Report - Presented by Facebook - Democrats see victory in a voting rights defeat Left laughs off floated changes to 2024 ticket MORE have made approximately $30 million since 2014. The four living former presidents — Bill Clinton, George W. Bush, George H.W. Bush and Jimmy Carter — all receive the federal benefits.

Ernst suggested that her push to limit money given to former commanders in chief is part of a larger push to rein in government spending.

“This is an issue of restoring taxpayer trust by looking at reforms in the allowances and perks given to these former presidents who generate significant incomes after leaving office,” she said. “It is critical that we stop talking and start cutting wasteful spending.”

The cap doesn't include money spent on security or protection of former presidents.

Reps. Jason ChaffetzJason ChaffetzNunes retirement move seen as sign of power shift in GOP Congress's latest hacking investigation should model its most recent Fox News Audio expands stable of podcasts by adding five new shows MORE (R-Utah) and Elijah Cummings (D-Md.) have introduced a companion bill in the House.