Compensation Provision
According to Article II, Section 1 of the U.S. Constitution, "The President shall, at stated times, receive for his services, a compensation, which shall neither be increased nor diminished during the period for which he shall have been elected, and he shall not receive within that period any other emolument from the United States, or any of them."
U.S. Code
The United States Code describes the dollar amount. "The President shall receive in full for his services during the term for which he shall have been elected compensation in the aggregate amount of $400,000 a year, to be paid monthly, and in addition an expense allowance of $50,000 to assist in defraying expenses relating to or resulting from the discharge of his official duties."
"Any unused amount of such expense allowance shall revert to the Treasury pursuant to section 1552 of title 31, United States Code. No amount of such expense allowance shall be included in the gross income of the President. He shall be entitled also to the use of the furniture and other effects belonging to the United States and kept in the Executive Residence at the White House."
You can read up more about the salary of the President and Vice President, including their traveling expenses, assistance and services, and Executive Residence's public property and furniture at the White House at the U.S. Code collection.
Presidential Amenities
As President of the United States, a $100,000 non-taxable travel account and $19,000 for entertainment are provided.
In Washington, D.C., the White House is officially the President's place of residence, which gives him the right to use its staff and facilities. The President travels in an armored presidential limousine, Air Force One airliners, and Marine One helicopter.
Plus, the President and his family are also protected by the United States Secret Service at all times. Check out Barack Obama's Secret Service Codename for more information.
Sources:
http://www.presidentsusa.net/salaryprovision.html
Published by Phillip White
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2 Comments
Post a Commentwhy does the president even need a salary he gets all kinds of money for expenses and has no bills.There is no reason that any ex president should recieve any money.It should be a privilege to have been the president.
The President should be paid according to his performance and based on the condition of the US economy. If the people of this country suffer, so should the president.