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∙ 9y agoThe presidents salary is set by the United States Congress. The President's salary has only been raised once since 1980.
Wiki User
∙ 9y agoWiki User
∙ 11y agoyes, i believe it is 400k a year, that is whats sad about our country actors and sports players make more
The president's salary can not changed until after the current term expires. However, the salary for the next term can be changed by Congress which means a president can get a different salary for his second term. US Grant found his salary doubled for his second term .
Former presidents who are still alive are Jimmy Carter, George Bush, Bill Clinton, and George W. Bush. They do NOT continue to earn the same full salary they made in office.
the president salary is 400,000
$400,000k annually
The Presidents salary cannot be increased or decreased at any time during his term. This is to ensure that Congress does not use the Presidents salary as a bargaining tool to influence executive decisions. Constitution Article 2 Section1 Clause 7
yes.
The president's salary can not changed until after the current term expires. However, the salary for the next term can be changed by Congress which means a president can get a different salary for his second term. US Grant found his salary doubled for his second term .
No- Congress can not reduce the salaries of people already in office.
Pay raises become effective with the next term in office for Congressman. As far as the President is concerned, they can raise his salary anytime they wish.
There is a rule that the president's salary can not be changed in the middle of a term.
The president's large salary ends when he leaves office, but a lesser amount for life as a pension plus some expense money for secretarial help.
Former presidents who are still alive are Jimmy Carter, George Bush, Bill Clinton, and George W. Bush. They do NOT continue to earn the same full salary they made in office.
US presidents currently get a pension after they leave office. The pension was authorized by Congress and is automatic. It is not an "entitlement" or funded by contributions from the President. It can be reduced or revoked at the will of Congress.
Salary of 400k.
The President of the United Stated doesn't get a lifetime salary. He gets a pension that's about half his former salary. This was last changed by the Former Presidents Act in 1958.
The president has always been paid. Washington did not want to accept his salary, but became convinced that later presidents might need the money, so he accepted his salary.
Yes, and so do the vast majority of the presidents. There have been several who donated their entire salary to charity, but most presidents, even if they have a lot of money, do take their salary. That said, some presidents decide to donate a portion of it to worthy causes during the time they are in office-- Barack Obama has been doing this every year, and he is not the only one.