Asked last year about the six-figure speaking fees raked in after his presidency by both Clintons, Hillary Clinton echoed Truman, complaining, “We came out of the White House not only dead broke, but in debt.”
By contrast, the Clintons, in their first year after leaving the White House, reported earning $16 million, mostly from speaking fees and book advances. By some accounts, Bill Clinton is worth more than any other living ex-president. The Clintons were worth an estimated $15.3 million in 2012, according to a Center for Responsive Politics analysis of a financial disclosure statement Hillary Clinton filed that year with the State Department.
“The notion of former presidents becoming paupers in their old age was laid to rest with Harry Truman,” said Pete Sepp, president of the National Taxpayers Union, which for years has urged Congress to scale back payments to the former presidents. “With the prospect of ex-presidents becoming even more deeply involved in post-career politics, there should be more motivation now than ever before to try and put reasonable limits on the load taxpayers are being asked to shoulder,” he said.