Ex-Presidents usually become wealthy as a result of speaking engagements, books, etc., yet we still continue to pay them a pension as well as expenses (staff, travel, office materials). Seems silly when they make so much money; the Clintons, for instance, have made more than $30 million dollars between January 2014 and May 2015. The Bush family has done quite well, too.
It’s about time. Let’s see if Obama signs it.