How Much Money Does the President Make? The Compensation Package of the President of the United States
How much money does the President make? This is a very interesting topic to a lot of people in both the United States and around the globe, and in fact this is searched on SERPs as many as 10,000 times every single month, which is why I decided to write about it! And so, in this blog post, we’ll look at the compensation package of the President of the United States, including his income while in office, what his tax bracket likely is going to be, how much he gets in food and housing allowances, which of his expenses are paid for, and some of the other perks he gets while in office, such as the Beat, lifetime security, a pension, a huge amount of political capital and soft power, and much more. Read on or subscribe to our blog for additional information on all things money, business and politics.
Other Political offices that we’ll be reviewing on this website include the following:
Secretary of State
Secretary of the Treasury
Secretary of Agriculture
And a host of other political positions and the compensation packages that they receive, read on or subscribe to our blog for additional details and information.
How Much Money Does the President Make? A Look at the Compensation Package of the President of the United States
So here’s what the President gets in compensation, his total comp package adds up to something like $2,000,000.00 to $3,000,000.00 per year.
$400,000 per year in salary
Housing Allowance to live in the White House
All expenses paid for except for his food, which he has to pay for out of pocket.
Free Flights on Air Force One Whenever he wants.
Free access to the top healthcare in the country.
Lifetime health insurance.
A lifetime pension of $225,000 per year.
Vacations to Camp David, although they are definitely still working.
$50,000 Annual Expense Account
$100,000 non taxable travel account
$19,000 for specifically entertainment
Social Security and Health Insurance for Life
Free fitness center
$100,000 towards re-decorating the White House
Access to an executive chef
Access to the White House Garden
On Hand Housekeepers
Free bowling alley and jogging track
Home Movie Theater
Country home in Maryland
Full Access to Marine One
Free rides in the Beast whenever he wants
60,000 square foot guest house
Former presidents get a $200,000 per year vacation budget
$206,000 per year for life in pension
Hefty book deals after leaving office
And a host of other perks, I call this total compensation package as worth like $50,000,000 to $100,000,000 at least!
Why The President Has to Pay for his Own Food, And What type of Pension He Gets
So the one thing that I have heard is that the President has to pay for all of his own food that is used in the White House kitchen. This is for guests as well, so this can easily add up to the $20,000 entertainment budget and the other $50,000 expense account. It is such an awesome expense package that the President of the United States gets, that even for someone like Donald Trump who has say $3,000,000,000.00, it is super valuable to have all of these perks!
Final Thoughts on How Much Money The President Makes, My Opinion on His Compensation Package
I think given the fact that only a handful of people on the planet will ever become President of the United States over the centuries, and that it is quite honestly something that is so rare to get your hands on, that this compensation package is justified for the person holding this office. Have a different opinion? Comment down below and let us know what you think.
Disclaimer: The opinions and documentation contained within this article and on this blog are the sole property of inflationhedging.com and are not to be copyrighted or reproduced in any manner, else legal action within the rights of the United States legal code could be use to obtain recompense. All articles and blog posts are the sole opinions of the writers of the blog, and are not necessarily in line with what exactly will work for you, you should consult a CPA, Tax Professional, or Financial Professional to determine what exact financial needs are in line with your interests. Also, from time to time, certain links on this website will be used to generate affiliate commissions, in order to support the health and growth of our website, health and business.