financial perks of being the president of the United States

[custom_adv]

The Former President Act determines how much compensation a president will receive after leaving the White House. In 2016, Jimmy Carter, George H.W. Bush, George W. Bush, and Bill Clinton received annual pensions of $US205,700. In 2017, Obama received $US207,800, according to GoBankingRates.While presidential pensions are fixed rates, presidents can ask for additional funds from Congress to cover things like staff salaries and office space, according to MONEY. For example, George W. Bush received $US1,098,000 for office space in 2015, the most of any former president that year.

Check Also

Highlights from Donald Trump and his wife’s trip to Britain

The transatlantic bond between the United States and the United Kingdom has long been described …