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i like to know how much the president makes at year

2007-01-24 05:09:06 · 10 answers · asked by punisher6673@sbcglobal.net 2 in Politics & Government Politics

10 answers

Bush makes about $440K a year. Here's some background info on Presidential compensation:

The First U.S. Congress voted to pay George Washington a salary of $25,000 a year (about $531,000 in 2005 terms) — a significant sum in 1789. Washington, already a wealthy man, refused to accept his salary. Similarly, John F. Kennedy donated his salary to charities.

Traditionally, the President is the highest-paid government employee. Consequently, the President's salary serves as a traditional cap for all other federal officials, such as the Chief Justice. A raise for 2001 was approved by Congress and President Bill Clinton in 1999 because other officials who receive annual cost-of-living increases had salaries approaching the President's. Consequently, to raise the salaries of the other federal employees, the President's salary had to be raised as well. The President's monetary compensation is minuscule in comparison to the CEOs of most Fortune 500 companies and comparable to that of certain kinds of professionals e.g. attorneys and physicians in some parts of the United States. Overall the vast majority of US presidents were very affluent upon entering office and thus were not dependent on the salary.

Allowances for Former Presidents
GSA Allowance FY,2007 Carter Bush Clinton
Pension $188,000 $188,000 $188,000
Staff Salaries 96,000 96,000 96,000
Staff Benefits 2,000 63,000 64,000
Travel 2,000 55,000 64,000
Rental Payments 102,000 175,000 498,000
Telephone 10,000 16,000 77,000
Postage 15,000 13,000 15,000
Other Services 82,000 65,000 113,000
Printing 5,000 14,000 9,000
Supplies 5,000 15,000 16,000
Equipment 7,000 48,000 11,000
TOTAL $514,000 $748,000 $1,160,000

Prior to passage by Congress of the Former Presidents Act (FPA) in 1958, retired presidents did not receive a pension. All living presidents in 1959 began to receive a pension of $25,000 per year, an office, and a staff. The pension has increased numerous times with Congressional approval. Retired presidents now receive a pension based on the salary of the current administration's cabinet secretaries (Executive Level I), which is $183,500 as of 2007.

The FPA, as amended, also provides former Presidents with travel funds and mailing privileges. Secret Service protection for former Presidents is also authorized by statute.

2007-01-24 05:13:10 · answer #1 · answered by CPT Jack 5 · 1 0

It is difficult understanding your question .But if i understand it ,you want to know how much the president earns annually.Good luck when you find out

2007-01-24 05:21:24 · answer #2 · answered by lit22lily 2 · 1 0

I think it's $400,000 a year. A very small income for such an important job. the benefit is, that he gets that for the rest of his life including security.

2007-01-24 05:13:04 · answer #3 · answered by Anonymous · 1 0

$400,000 per year.

Plus he gets many perks, like free mail among many other items.

2007-01-24 05:12:12 · answer #4 · answered by Anonymous · 1 0

400,000.00 annually, plus dental

2007-01-24 05:11:56 · answer #5 · answered by snoringblackdog 2 · 2 0

$400,000.00 per year.

Plus a HELLUVA lot of perks.

2007-01-24 05:13:40 · answer #6 · answered by BDZot 6 · 1 0

Not sure but i think it's about $200,000, certainly not enough!

2007-01-24 05:12:58 · answer #7 · answered by Anonymous · 0 2

It was about $200,000 last time I heard

2007-01-24 05:12:18 · answer #8 · answered by hambert40 2 · 0 4

learn proper english and maybe you will find out

2007-01-24 05:11:45 · answer #9 · answered by beardedredhead7 4 · 3 2

approx. $200,000 a year

2007-01-24 05:11:44 · answer #10 · answered by ken s 6 · 0 4

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