|
We knew the presidential salary had been $200,000 for a number of years -- a relatively paltry sum considering the state of executive compensation these days -- but we were unsure of the salary our current president is drawing. We seem to recall hearing something a few months ago about a raise for our country's commander in chief. We searched on "presidential salary," and on the first page of search results we received several relevant web sites and one amusing anomaly. According to a CNN article dated July 16, 1999, the House voted earlier that week to increase the next president's salary to $400,000,
which means George W. Bush, our 43rd president, makes twice as much as his predecessor, President Clinton. After a little more research, we found a table that should put to rest any doubts that our country's former presidents are struggling to make ends meet. The National Taxpayers Union provides a Presidential Pension Graph that shows estimated pension benefits of former presidents. Bill Clinton stands to collect $7.29 million, the most of any living ex-president, while Ronald Reagan's pension is just over $2.5 million. For a chuckle, be sure to read the aforementioned anomaly -- an article from the ever-popular Onion titled "Bush Horrified To Learn Presidential
Salary."
|