Presidential Benefits
by Kris Valentine
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posted Nov 1 2011 6:16PM
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What financial obligations do the president and first lady have while living in the White House? Everything is not free. Title 3 of the U.S. Code is what governs the cash at W's disposal. Here's the basic package:
- He makes a salary of $400,000 a year.
- He has a $50,000 expense account to defray costs relating to the "discharge of his official duties."
- Traveling expenses: $100,000 per year.
- Entertainment: $19,000.
- Rent at the White House (including use of its bowling alley and movie theater): free
- Trips on Air Force 1: free
- Meals: free
- Vacations at Camp David: free
- The President is appropriated $1 million each fiscal year to spend at his discretion for "unanticipated needs" related to the national interest.
- After his term, he gets an annual pension of $157,000 per year, plus office space, administrative help, and Secret Service protection.
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