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How much money does the current President of the United States make per year in that office?
Asked by Jane Webb -
This question can also be asked as:
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I just wanted my answer with everybody elses. It was on a page by itself and lonely.
Answer given 7 hours 43 minutes ago. Answer 100% complete. disagree w/ rating
A salary of $400,000, along with other benefits, is paid to the president annually.[2]
President of the United States
From Wikipedia, the free encyclopedia
President of
the United States of America
Term length Four years, renewable once since the Twenty-Second Amendment
Inaugural Constitutional Convention
Formation April 30, 1789
Website whitehouse.gov/president
United States
The President of the United States of America is the head of state and head of government of the United States. The president is at the head of the executive branch of the federal government, whose role is to enforce national law as given in the Constitution and written by Congress. Article Two of the Constitution establishes the president as commander-in-chief of the armed forces and enumerates powers specifically granted to the president, including the power to sign into law or veto bills passed by both houses of Congress. The president also has the power to create a cabinet of advisers and to grant pardons or reprieves. Finally, with the "advice and consent" of the Senate, the president is empowered to make treaties and appoint federal officers ambassadors, and federal judges, including Justices of the Supreme Court. As with officials in the other branches of the United States government, the Constitution restrains the president with a set of checks and balances designed to prevent any individual or group from taking absolute power.
The president is elected indirectly through the United States Electoral College to a four year term, with a limit of two terms imposed by the Twenty-second Amendment to the Constitution, ratified in 1951. Under this system, each state is allocated a number of electoral votes, equal to the size of the state's delegation in both houses of Congress combined. The District of Columbia is also granted electoral votes, per the Twenty-third Amendment to the Constitution. Voters in nearly all states choose a presidential candidate through the plurality voting system, who then receives all of that state's electoral votes. A simple majority of electoral votes is needed to become president; if no candidate receives that many votes, the election is thrown to the House of Representatives, which votes by state delegation.
While in office, the White House in Washington, D.C. serves as the place of residence for the president; he is entitled to use its staff and facilities, including medical care, recreation, housekeeping, and security services. One of two Boeing VC-25 aircraft, which are extensively modified versions of Boeing 747-200B airliners, serve as long distance travel for the president, and are referred to as Air Force One while the president is on board.[1] A salary of $400,000, along with other benefits, is paid to the president annually.[2]
Since the adoption of the Constitution, forty-two individuals have been elected or succeeded into the presidency, the first being George Washington, serving forty-three presidencies altogether. The current president is George W. Bush, inaugurated on January 20, 2001 to a first term and on January 20, 2005 to a second. His term expires at noon on January 20, 2009, after which he will be succeeded by the winning candidate of the 2008 presidential election. From the middle of the twentieth century, the United States' status as a superpower has led the American president to be dubbed "the most powerful person on earth" and become one of the world's most well-known and influential public figures.
http://en.wikipedia.org/wiki/President_of_the_United_States
► Jan (17,059)
Other Answers
As of the year 2001, the President of the United States of America receives an annual salary of $400,000.
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He makes $400,000 every year. This is extremely good considering that he doesnt have to pay for clothes, food, shelter, gas, ect. . . . .Isn't it sad that an actor makes more money than the most important person in the United States!
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What is even more sad than that is how much professional athletes make.
did you know the president has to pay for his food. i read that in National Geographic.
public vs. private. Tom Cruise doesn't get paid with tax money. I think he is getting paid too much.
Well, a president usually is a multi millionare before he even becomes president...so he isn't really in it for the money...probably for the fame and the power
yeah it is kind of sad i guess we value entertainment more than politics in this country!!
not really most of the time the president is already a millionair
Fame is alot more inportaint than money, do your job for your job, not the cash.
Far as im concerned i dont think the President of the US should get any money at all.. Think about it he gets anyhting he wants and has everything he wants.. It is all given to him with out of pocket exspense.. So why should he get $400,000 a year? The american tax payers pay for all his exspenses so why should we pay a salary too...
For all the people out there that think they have enough stability and control to set here and voice they're uneducated opinions,why don't you run the world and see if it is all fun and games you embasoles.
The president as of 2007, actually makes 30% of Americas GDP.
This is paid in quarterly installments, based on the previous years GDP, adjusted to current inflation.
He also recieves 15% of the annual disrtibution of Government Bonds.
Comments
i dont think so
im pretty sure thats not how it works
Based on the United States 2007 GDP the president would make over $4 Trillion dollars.
the president work very hard for leading good the country! Earn of money is not imported for president. If the president is worst gong into books of worst president in history of coutnry.