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U.S. presidents earn $400,000 a year plus benefits while in office. Here's how much they make after and which presidents have donated their salaries.
That means Kamala Harris or Donald Trump will earn the same salary as their predecessor: $400,000 a year, as specified in Title 3 of the U.S. Code, paid monthly. The president also gets an...
The first presidential salary was $25,000, which in 2022 would actually be $798,715.91, according to an inflation calculator on officialdata.org.
How much does the president make? The president's salary currently sits at $400,000 annually. This amount was set by Congress in 2001, with the passage of a provision in the treasury...
According to 3 U.S. Code § 102, the president of the United States makes $400,000 per year. The president also receives a $50,000 expense allowance, a $100,000 non-taxable travel account...
As of Jan. 20, Biden earns the presidential salary of $400,000 a year, to be paid monthly, as mandated by 3 U.S. Code, Section 102. Here’s how that $400,000 annual salary breaks down:
Effective Jan. 1, 2001, the annual salary of the President of the United States was increased to $400,000 per year, including a $50,000 expense allowance, a $100,000 nontaxable travel account, and a $19,000 entertainment account.
The president's salary has only been increased five times in U.S. history. The most recent occurred under President Bill Clinton, although it didn't take effect until George W. Bush took office. Congress also votes on their own salaries.
Here's a look at presidential salaries through the years, a list of which presidents were paid how much, starting with the current rate of pay. President George W. Bush, who took office in January of 2001, became the first president to earn the current pay rate of $400,000.
The presidential salary is $400,000, which is taxable to the president as income. There is also a $50,000 expense account, which is not taxed. This account is used to defray expenses associated with the president’s official duties, and, if not used, reverts to the U.S. Treasury.