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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.

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11y ago
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14y ago

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.

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12y ago

The presidential salary is $400,000.00 per year

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8y ago

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

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15y ago

not much around 1,000$

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15y ago

$400,000 per year

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11y ago

yes i do not know hou much but %100 yes

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15y ago

YES!

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Q: Do you get paid for being president?
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Related questions

Why is it significant that the president is paid?

Likely the most significant thing about the American president being paid is that she or he is an employee. Being an employee, the president operates at the pleasure of the people of the United States.


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Is the president of the US the highest paid?

The President of the United States is the highest paid public official in the United States, but not the highest paid president in the world, nor the highest paid person in the United States.


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He/she is paid in U.S. Dollar(s).