Whether or not you voted for him, I think we can all agree that President Obama has a tough job. But how much does the commander in chief bring home in salary each year? It might not be as much as you think.
President Obama earns a salary of $400,000 per year, plus benefits. And the benefits are many. He’s got access to Air Force One and Marine One, the presidential helicopter. He can put up his feet at Camp David, the official presidential vacation spot. He gets a swanky Cadillac limousine and, when fancy out-of-town guests show up, the president can put them up at Blair House, the official state guest house.
But wait — there’s more! In addition to the salary, the president is entitled to $50,000 per year expense account, a $100,000 travel account, and a $19,000 entertainment budget. On the negative side, he has to wear a suit 365 days a year.
But the perks don’t stop when a president is no longer president. Retired presidents get a pension of $150,000 per year. As Yahoo! News points out, in the 2010-2011 fiscal year, the four living ex-presidents together were paid more than $3 million for expenses, all picked up by taxpayers. Bill Clinton’s rent ran about $579,000 while George W. Bush’s phone bill was about $80,000. Sheesh, hasn’t he heard of unlimited data?
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