answersLogoWhite

0

For most presidents, it's a pay cut, but this is not because they don't get a (significant) salary, it's because they were already rich to start with.

The current salary for the US President is $400,000 per year. The president also has a $50,000/year expense account, a $100,000/year travel allowance, and a $19,000 entertainment budget. Some of the expenses of being president are covered by the government directly (for example, the US government pays for state dinners). Others are not: personal meals for the president, his family, and guests (other than official diplomatic guests) must be paid for by the president. Still, the total compensation package is well over a half-million per year, and part of it is not subject to personal income tax. So it's not like he's hurting for money.

User Avatar

Wiki User

12y ago

Still curious? Ask our experts.

Chat with our AI personalities

BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake
RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
DevinDevin
I've poured enough drinks to know that people don't always want advice—they just want to talk.
Chat with Devin
More answers

The president gets paid salary, he does not get a check every month or week, he will be on "direct deposit" for want of another way to say it and a staff member will make sure his blackberry bill and mortgage is paid.

User Avatar

Wiki User

15y ago
User Avatar

The presidential salary is $400,000.00 per year

User Avatar

Wiki User

13y ago
User Avatar

Yes. He is paid an annual salary of $400,000 plus expenses for entertainment and free housing and cars.

User Avatar

Wiki User

9y ago
User Avatar

not much around 1,000$

User Avatar

Wiki User

16y ago
User Avatar

$400,000 per year

User Avatar

Wiki User

15y ago
User Avatar

yes i do not know hou much but %100 yes

User Avatar

Wiki User

11y ago
User Avatar

YES!

User Avatar

Wiki User

16y ago
User Avatar

Add your answer:

Earn +20 pts
Q: Do you get paid for being president?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Trending Questions
What was the structure of the new national government? Candidate A receives 65 electoral votes Candidate B receives 74 votes Candidate C receives 61 votes and Candidate D receives 72 votes. According to the Framers and r original plan who has been elected? What amendment to the constitution officially ended slavery in the unitied states? Why does s government sometimes ration a good? What were the four major pieces of legislation or programs that made up president johnsons great society? Who added the penalty to ObamaCare? Which conclusion can be drawn about the impact of the Populist and the Progressive parties on the US? What case made the US Supreme Court an equal branch of government? Who is James ogelthorpe? What age is Gen X? How much is an American dollar worth in Greece? The 24th amendment makes it illegal to deny any citizen the right to vote based on his or her failure to pay? How many officials have been impeached throughout US Histroy? What did the Underwood Tariff Act included a provision for? What was president Roosevelt's position on the war in Europe? How were the Virginia house of burgesses the mayflower compact and the fundamental orders of Connecticut impertant to the development of representative government in America? Have there ever been any white US presidents? How the Mayflower Compact formed the basis for our government today? Where did tony dorset for the cowboys goto collage? How did the civil service examinations effect chinease society?