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President Salary For Life

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President Salary For Life. 102 the president of the United States makes 400000 per year. Assuming the next president lives to age 80.

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George Bush was the first president to receive the increased salary up from 200000. Aug 13 2020 Facebook posts shared tens of thousands of times claim that retired US. Jan 20 2021 While in office the president receives a salary of 400000 per year around 295000.

May 04 2020 Under the Former Presidents Act each former president is paid a lifetime taxable pension that is equal to the annual rate of basic pay for the head of an executive federal department201700 in 2015the same annual salary paid.

Former presidents receive a pension and other benefits when they leave office. Congress also votes on their own salaries. The presidents salary has only been increased five times in US. The current salary for the President of the United States is 400000 per year with an expense account of 50000.

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