Kathmandu. The issue of whether Indian-origin Kamala Harris or Donald Trump will become the President of the United States will be clear after Tuesday. Citizens around the world are eager to see whether America will get its first female president or whether Trump will return to power after four years.
According to tradition, the newly elected president will assume office for the next four years on January 20, 2025. The world is eagerly watching who will become the next President of the United States because the decisions of the US President have a lot of influence on the world stage. The US President is also considered the most powerful person in the world.
In such a situation, it is natural to wonder how much the salary of the US President, who influences the world with his power, will be. The salary of the US President is 6 times higher than that of the average American. The average annual income of an American is $63,795. The top richest people in America earn $788,000 annually. But the salary of the US President is half that of the richest Americans. In this way, the salary of the US President is not even among the richest 1 percent of American citizens.
US President Joe Biden has an annual salary of $440,000. In addition, he receives $50,000 annually for additional presidential expenses. The White House in Washington, DC is the official residence of the US President and he does not have to spend a single dollar to live here.
The US President is given $100,000 on the day he takes office and moves into the White House. From this amount, he can spend on decorating his house to his liking. The president is provided with $19,000 annually for entertainment, staff, and cooks. In the United States, all health care is provided free of charge to the president.
A limousine car, a Marine helicopter, and a ship called Air Force One are arranged for the American president.
All the necessary facilities and security are arranged for the president in the Marine helicopter and Air Force One. Air Force One can carry up to 100 people, including the president.
The salary of the US president has not increased since 2001
The salary of every public official in America has been increasing every year. But the salary of the US president has not been increased since 2001. In 2001, George W. Bush increased his salary after taking office.
George Washington was the first president of the United States and his salary was only $2,000 per year. At that time, this was a very large amount. US presidents like Donald Trump, John F. Kennedy and Herbert Hoover used to donate their salaries. In the US, former presidents are provided with a pension of $240,000 per year for life.
Salary per year – $440,000
Expenses – $50,000
Entertainment expenses – $19,000 Dollar
White House Entrance Fee – $100,000
Tax Free Expenditure – 1,00,000
Accumulated Salary Allowances and Benefits – 709000 Dollar
From BBC Hindi
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