General Question

missjena's avatar

How much does the president of the united states make a year?

Asked by missjena (910points) October 15th, 2008 from iPhone
Observing members: 0 Composing members: 0

19 Answers

marinelife's avatar

Here you go:

“The President of the United States earns $400,000 a year. The vice president’s annual salary is $221,100.”

aanuszek1's avatar

$400,000. I happen to be working on my civics homework and I’m reading this chapter.

bodyhead's avatar

The right answer is that a good president makes $400,000 a year but our current president probably makes at least a couple million per year.

Rotwang's avatar

Everyone is posting the official salary of the job of president, which is probably the answer you’re looking for. But if you mean “how much does the current president make” then it’s much more.

fireside's avatar

GW gave himself and all future Presidents a raise when he got into office.
Before him, I believe it was only $200,000 a year.

If that is true, then it is funny how Cheney will soon be making more off the tax payer dollars than Clinton or Carter.

susanc's avatar

And think about how much EX-presidents make. Once you’re out of office, people
pay you enormous fees for tiny, simpleminded speeches.

Also, anyone elected to the U.S. Congress gets his or her salary for life. (We should all run for Congress immediately, serve a few months, retire, and move en masse to Bora Bora.) Maybe presidents do too. Now, that’s fair.

fireside's avatar

Yes, GW and Cheney will get about three quarters of a million dollars a year between the two of them for their brave and heroic leadership. For life.

Magnus's avatar

But they get everything else paid for. A lot of perks with that job.

fireside's avatar

Yes, I think Clinton gets a $50,000 a year expense account.
Not to mention his speaking engagements and book deals.

nocountry2's avatar

@ susanc – what’s the average congressional salary? Maybe I’ll compare flip-flop tans with you in Bora-Bora…

jvgr's avatar

The current salary (2008) for rank-and-file members of the House and Senate is $169,300 per year. And the House/Senate leaders get $188,000/yr and Pelosi gets $217,000/yr.

All salaries, including President don’t include the value of benefits and perks.

Sloane2024's avatar

Do they receive the same taxes as the rest of us?

fireside's avatar

They do pay taxes like the rest of us.

From 2000 through 2006, the Clintons paid $33,783,507 out of a Gross income of $109,175,175.

Part of their income included:
Senator Clinton’s Senate Salary: $1,051,606
President Clinton’s Presidential Pension: $1,217,250

Sloane2024's avatar

Wow. Thanks!

susanc's avatar

These figures (fireside’s and jvgr’s) don’t match at all.
@fireside: Hard to believe Sen Clinton’s Senate salary for 2006 was $1,051,606. I think that has to be a mistake.

fireside's avatar

No, that was her salary for 2000 through 2006.
$1,051,606 divided by 6 years equals $175,268 per year, so it is pretty close to the same figure. Bill’s retirement fund is just over $200,000 per year.

If they made $109 million in one year there would be an investigation.

augustlan's avatar

I said I’d never run for office…I may have to reconsider my stance!

missjena's avatar

wow thanks for the good answers

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