The prestigious title of president of the United States comes with benefits and perks that are just as luxurious.
US presidents earn a $400,000 salary while in office, but that’s not the only financial perk.
Presidents also have access to a country home, a personal plane, a helicopter, and a post-presidency pension.
Besides having the most prestigious title in the United States, presidents have several perks that lift a financial burden off their shoulders.
US law requires the president of the United States to be paid a salary while in office. According to Title 3 of the US code, a president earns a $400,000 salary and is still on government payroll after leaving office. The president is also granted a $50,000 annual expense account, $100,000 nontaxable travel account, and $19,000 for entertainment.
While sitting presidents and former presidents receive several perks that last beyond their time in office, like security and health insurance, wardrobe budgets are not included. Presidents and their families usually do not receive or accept clothing as a “gift” from designers, like celebrities on the red carpet. If a piece is accepted as a gift, it is immediately housed in the …read more
Source:: Businessinsider – Politics