How much US presidents have been paid since George Washington

Nairavoice | 52m ago 124 0 1 min read
How much US presidents have been paid since George Washington
6aa02d863f46ca7335aee5d5?format=jpeg How much US presidents have been paid since George Washington

    Trump said he would forgo his salary during his second term. The White House has not publicly said where the payments have gone.

    Other presidents have taken a similar approach — Hoover and Kennedy donated their salaries to charities.

    Since 1949, the president has also received a $50,000 expense account.

    6a9af96a4f6138b37ff32b7f?format=jpeg How much US presidents have been paid since George Washington

    In 1949, Congress passed an act that raised compensation to $100,000 and established a $50,000 expense account.

    The $50,000 covers expenses related to the president’s official duties, such as dry-cleaning and hosting social gatherings. Unused funds revert to the US Treasury.

    They’ve also had a $100,000 travel budget and a $19,000 allowance for entertainment expenses.

    6a9af9b1f320febc610d48a2?format=jpeg How much US presidents have been paid since George Washington

    The $100,000 travel budget has been in effect since 1978 — before that, it was $40,000.

    Enjoying this article? Support our work with a small crypto donation.

    When you leave office, that doesn’t mean the paychecks stop coming.

    6a9b02854f6138b37ff32bfc?format=jpeg How much US presidents have been paid since George Washington

    Since 1958, presidents have received a pension equal to the “salary of a Cabinet-level secretary.” For example, Obama’s presidential pension is $253,100 annually.

    Show Some Love By Sharing

    Discover more from NAIRAVOICE.COM.NG

    Subscribe to get the latest posts sent to your email.

    Enjoyed this? A small crypto donation helps us keep publishing.
    Nairavoice
    Nairavoice

    Contributor at NairaVoice.com.ng

    Related Posts

    Leave a Reply