Voting for the presidential election in America took place on Tuesday, November 5. In this election, the main contest is between Republican Party candidate Donald Trump and Democratic Party candidate Kamala Harris. Donald Trump is steadily moving towards victory. Today we are going to give you information about the salary and other facilities received by the President of America.
The President of the United States, one of the most powerful and influential persons in the world, is a government employee and receives a salary just like many other working people.
Currently, the US President gets a salary of $400,000. Apart from this, the President gets a travel account of $100,000, an additional $50,000 for expenses and an allowance of $19,000 for entertainment. Indian-origin candidate Kamala Harris is vying for the presidency with former President Donald Trump. This means that Kamala Harris or future President Donald Trump will receive the same $400,000 annual income as their predecessor.
How Much Salary Did Former US Presidents Get?
Currently, the US President receives a salary of $400,000. Congress established this amount by passing a provision in the Treasury Appropriations Bill in 2001. From 1969 to 2001, the President's annual salary was $200,000.
US President Salary Details
The US President is the highest political title held by a person in the US. Currently, the President of the United States receives a salary of $400,000. The President also receives an entertainment allowance of $19,000, a non-taxable travel account of $100,000, and an additional $50,000 for expenses.
After being elected, US presidents also receive $100,000 to remodel the White House. The US president gets free transportation in the presidential limousine, The Beast, Marine One, and Air Force One in addition to their salary. They also get free accommodation in the White House.
US Presidential Pension
Former presidents continue to receive a federal government salary even after they leave office. Former presidents have been receiving a pension every year since 1958, and it currently totals over $200,000. Additionally, they get travel expenses and office space in a location of their choice under the Former Presidents Act of 1958.
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