Former presidents are among the wealthiest people in the country. The “poorest” of them, Jimmy Carter, is worth $8 million, placing him near the fabled “one percent” of richest Americans. Bill and Hillary Clinton earned a reported $229 million in the fifteen years after the conclusion of his second term as president. And despite this fantastic wealth, taxpayers subsidize former presidents to the tune of $4 million per year because of an antiquated benefit system.
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