While Donald Trump’s victory is no longer in doubt, the new president of the United States will be generously paid to occupy the position. What salary will he receive until 2028?
An interesting question. Future President of the United States, Donald Trump will soon move into the White House and benefit from the salary promised to the country’s head of state until 2028.
Since 2001 and a decision added to the United States Code, the American president earns 400,000 dollars per year (362,000 euros), or approximately 33,333 dollars per month (30,200 euros). A salary that was established in Congress. Previously, American presidents earned $200,000 a year. If current presidents earn more money than before, inflation has happened, impacting their purchasing power. Indeed, 200,000 dollars in 1969 is equivalent to 1.2 million dollars in 2018, reports CNBC.
Joe Biden will receive $200,000 per year after his departure
Beyond the fixed salary of American presidents, the head of state also has access to very advantageous bonuses. He receives $50,000 (45,000 euros) for expenses, $19,000 (17,200 euros) for entertainment and has access to a tax-free travel account of $100,000 (90,600 euros) every year.
Joe Biden, who will leave the White House soon, will continue to be paid thanks to his presidential role. Indeed, all former presidents of the United States receive an annual pension of around 200,000 dollars (181,000 euros), as well as medical coverage and official travel paid after leaving office.
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