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Though the leader of the free world, the president of the United States is ultimately still a federal employee. They earn a salary just like any other government worker.
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The salary of the president is subject to scrutiny and public interest. Every year, the president's tax filings reveal their earnings and sources of income.
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For example, in 2021, the tax filings show that most of Gutmann's earnings accumulated over the course of her 18-year tenure as president, in the form of various compensations and benefits.
Congress
The President's Salary: A Federal Employee's Earnings Revealed
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Exploring the salary of the U.S. president and its origins.
In the realm of higher education, college presidents often receive substantial compensation packages. FAU's next president will join a growing list of highly paid Florida public university presidents, highlighting the potential influence of politics over experience.
Colleges offer deferred compensation to help retain strong leaders. They set aside money annually in a fund with an agreed-upon date when it will be paid out, ensuring financial stability for the president.
The president's salary is significantly higher than the average American's income. Of the 66 million Americans who receive a Social Security check every month, the president's earnings surpass them by a wide margin.
Over the years, the salary of the president has increased. In 2000, Congress doubled the president's salary, resulting in Presidents George W. Bush, Barack Obama, Donald Trump, and Joe Biden earning $400,000.
Outside of their presidential role, some individuals have achieved success in other industries. For instance, Fran Drescher, who served as the president of SAG-AFTRA, has had a notable career in acting.
During government shutdowns, questions arise regarding the payment of members of Congress, the president, and other federal workers. VERIFY aims to provide answers to the top five questions related to this issue.
The release of the federal tax return by President Joe Biden and his wife, Jill, revealed that they earned nearly $580,000 last year, shedding light on their financial situation and sources of income.
Congress plays a significant role in determining the president's salary, reflecting the interconnectedness of these two branches of government.
The White House serves as the workplace and residence for the president but does not directly determine their salary.
Gun laws and national security are crucial policy areas for any president, but their salary is not directly tied to these topics.
While international relations and diplomacy are part of the president's job, their salary is not specifically linked to these aspects.
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