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Compensation of the President

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This page is for the amounts designated to the President for salary and expenses.

{{#vardefine:listingpage|Compensation of the President}}

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Contents

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President's Salary

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Expense Amount: $400,000
Year of Expense: 2010
Country Comparisons: India: USD$37,200 (2008); France: USD$310,796 (EU228,000); Canada:USD$285,228 (CA$301,600); Japan: US$514,000; Ireland: USD$290,706 (EU228,466); New Zealand: USD$254,011 (NZ$361,000) (2009); Australia: USD$292,949 (AU$330,300) (2007); UK PM: USD$221,342 (GBP142,500) (2010)
Historical Comparisons: 2008: US$400,000
Expense Details:

The president earns $400,000 a year. By law, no federal employee is allowed to earn more than the president. The vice president's salary in 2009 was estimated to be $227,300.

Source Details:
Creation Date: January 17, 2010


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Expense Amount: $199,700
Year of Expense: 2010
Expense Details:

Former presidents receive a lifetime pension equal to the top pay rate for the head of executive branch departments, which was $199,700 in 2010. The average life expectancy of black males in the United States is about 70 years. If President Obama, who took office at age 48, were to serve only one term and live to age 70, his total lifetime pension would be about $3.6 million. If he were to serve two terms, his lifetime pension would total about $2.8 million.

Source Details:
Creation Date: January 19, 2010


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Expense Amount: $19,000
Expense Details:

Approved Entertainment Budget

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Creation Date: February 2, 2010


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Expense Amount: $50,000
Year of Expense: 2010
Expense Details:

Usually used for meetings not covered by other departments

Source Details:
Creation Date: February 2, 2010


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Expense Amount: $100,000
Year of Expense: 2009
Expense Details:

Approved Travel Expense Budget

Source Details:
Creation Date: February 2, 2010


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Expense Amount: $1,000,000
Expense Details:

May be authorized each fiscal year to enable the President, at his discretion, to meet unanticipated national interest, security, defense or personnel needs.

Source Details:
  • "To Serve the President", Bradley H Patterson.
Creation Date: February 2, 2010


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Expense Amount: $100,000 each term
Year of Expense: 2009
Expense Details:

Allocated $100,000 each term. The Obamas “are not using public funds or accepting donations of goods for redecorating their private quarters,” says Camille Johnston, director of communications for the First Lady. Nor is the couple using money from the White House Historical Association, a privately funded foundation that paid for a $74,000 set of china shortly before Laura Bush left town. The White House declined to disclose the budget, saying that all expenses would remain private as a result of the Obamas’ decision to absorb the cost.

Source Details:

http://nymag.com/news/intelligencer/55679/ March 23, 2009

Creation Date: October 30, 2010


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