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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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Wiki User

12y ago

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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.

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Wiki User

14y ago
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The presidential salary is $400,000.00 per year

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Wiki User

13y ago
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Yes. He is paid an annual salary of $400,000 plus expenses for entertainment and free housing and cars.

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Wiki User

9y ago
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not much around 1,000$

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Wiki User

16y ago
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$400,000 per year

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Wiki User

15y ago
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yes i do not know hou much but %100 yes

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Wiki User

11y ago
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YES!

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Wiki User

16y ago
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Q: Do you get paid for being president?
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