How Much Does a US President Cost the Taxpayers?
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0:00 - 0:03Leaders of the so-called free world don’t
come cheap. -
0:03 - 0:07Whether they are taking trips on Air Force
One, hosting get-togethers with other world -
0:07 - 0:11leaders, or simply collecting a paycheck,
the job demands a fair bit of cash. -
0:11 - 0:15You might not be surprised that some leaders
are more expensive than others. -
0:15 - 0:18There have been men of power that pulled the
purse strings and others that weren’t quite -
0:18 - 0:19so frugal.
-
0:19 - 0:24But can we blame the President if he, or possibly
in the future she, has to spend a lot on doing -
0:24 - 0:25the job right?
-
0:25 - 0:28That’s what we will investigate today, in
this episode of the Infographics Show, How -
0:28 - 0:30Much Does a US President Cost the Taxpayers?
-
0:30 - 0:33Don’t forget to subscribe and click the
bell button so that you can be part of our -
0:33 - 0:34Notification Squad.
-
0:34 - 0:35First of all, we must think about salary.
-
0:35 - 0:36(A book called “The Official Role of the
United States President - 2015: U.S.C. -
0:36 - 0:40Title 3,” said that) A President is currently
paid as follows: A basic salary of $400,000 -
0:40 - 0:46a year, $50,000 in expenses, $100,000 for
a nontaxable travel account, and a mere stipend -
0:46 - 0:48of $19,000 for entertainment.
-
0:48 - 0:51In total that’s $569,000 a year.
-
0:51 - 0:55But, and there’s a big but, the President
also receives benefits. -
0:55 - 0:58Those include free housing at the White House
with all bills included, being driven around -
0:58 - 1:02in a presidential limousine, and taking trips
on Marine One and Air Force One. -
1:02 - 1:04We’ll get to the lowdown on those costs
later. -
1:04 - 1:09We should also add that forever more the President
receives $200,000 a year for his pension plus -
1:09 - 1:10healthcare.
-
1:10 - 1:14It’s really not a bad job in terms of pay,
although as we know it seems to age you at -
1:14 - 1:16a ratio of about 4 years for every 1 year.
-
1:16 - 1:20Another thing that is interesting is that
pay raises for this job don’t exactly happen -
1:20 - 1:21very often.
-
1:21 - 1:25There have only been five pay raises for U.S.
presidents from 1789 to the present day. -
1:25 - 1:30The last one was in 2001 when the salary went
up from $200,000 to $400,000. -
1:30 - 1:34We shouldn’t feel bad for Presidents, though,
as the wage still puts them in the top one -
1:34 - 1:36percent of earners in the USA.
-
1:36 - 1:40When talking about costs, we must include
salaries, but some Presidents refused to accept -
1:40 - 1:41their salary.
-
1:41 - 1:42There have been three in all.
-
1:42 - 1:46One of them is the current President, Donald
Trump, who has been donating his wad to other -
1:46 - 1:47causes than himself.
-
1:47 - 1:51His first quarter salary went to the National
Park Service, and his second quarter salary -
1:51 - 1:52went to the Department of Education.
-
1:52 - 1:56The other two American presidents to have
displayed such salary largesse were John F. -
1:56 - 2:00Kennedy and Herbert Hoover, although Time
magazine once reported that George Washington -
2:00 - 2:03declared in his inaugural address that he
would not accept the paycheck. -
2:03 - 2:07Lawmakers were not pleased with that idea
and told Washington it was unconstitutional. -
2:07 - 2:12We should say here that while Washington was
offered $25,000 for the job in his day’s -
2:12 - 2:16money, that would be around $600,000 today…We
might also add that Washington’s benefits -
2:16 - 2:19were not as extravagant as today’s president.
-
2:19 - 2:22But, who was the most expensive President
so far? -
2:22 - 2:26Well, we should say that presidents don’t
stop costing the taxpayer money. -
2:26 - 2:29Presidents don’t only get a pension, but
they keep on receiving benefits. -
2:29 - 2:32This we must take into account when adding
up how much they cost. -
2:32 - 2:35For 2017 Obama broke the record for asking
for the biggest budget. -
2:35 - 2:42His expenses were $1,153,000, and this was
on top of the reported $400,000 he made for -
2:42 - 2:43giving one speech to Wall Street folks.
-
2:43 - 2:47He also has a $65 million twin book deal in
the pipeline. -
2:47 - 2:52Fox news and other media reported that his
price for the Milan speech was $3.2 million, -
2:52 - 2:56although some media left the story alone so
we cannot confirm its veracity. -
2:56 - 3:00We mention this just to highlight that some
presidents obviously like to live the high-life, -
3:00 - 3:03which could give credence to them being expensive
while in office. -
3:03 - 3:09As for other former presidents, Bush’s expenses
for 2017 were $100,000 less than Obama’s, -
3:09 - 3:14Clinton’s $200,000 less and Jimmy Carter’s
$456,000 less. -
3:14 - 3:16But who has demanded the most cash while still
on the job? -
3:16 - 3:20Well, you might already know that just recently
the media reported that that title goes to -
3:20 - 3:21none other than Donald J. Trump.
-
3:21 - 3:25He may not take a wage, but that’s nothing
compared to some of the costs for his lifestyle -
3:25 - 3:27and added extras to his job.
-
3:27 - 3:32Just flying his family from his Mar-a-Lago
golf resort to New York during Easter reportedly -
3:32 - 3:34cost taxpayers $110,000.
-
3:34 - 3:38According to the LA Times just travel and
protection made Trump’s “presidential -
3:38 - 3:40family the most expensive in history.”
-
3:40 - 3:44His first 100 days cost a grand total of $30
million. -
3:44 - 3:48According to some reports Obama and family
were costing around $12 million a year. -
3:48 - 3:52But that doesn’t make much sense when we
read other reports from established media -
3:52 - 3:54who cite the think tank, Judicial Watch.
-
3:54 - 3:58According to them, Obama’s travel costs,
including flights, hotels, car rentals and -
3:58 - 4:04all the foie gras and champagne one could
quaff, cost the taxpayer close to $106 million -
4:04 - 4:05dollars ($105,662,975.27) for his entire presidency.
-
4:05 - 4:09We can only wait to see what Trump will clock-up
during his entire term, though. -
4:09 - 4:13To compare these two presidents, whom most
media seem to think have been the most costly -
4:13 - 4:18to the taxpayer, The Washington Post asked
the question in April this year: “Are President -
4:18 - 4:21Trump’s trips to Mar-a-Lago similar to Obama’s
travels?” -
4:21 - 4:26Roughly, wrote the post, Obama was costing
on average around $33,000 a day, although -
4:26 - 4:30they had his total eight years at $97 million
rather than what seems like the correct one -
4:30 - 4:32we stated before.
-
4:32 - 4:34This is total cost divided by time as President.
-
4:34 - 4:39What is perhaps unfair for Donald is that
people estimate his cost on what one travel -
4:39 - 4:41day or holiday costs, according to The Post.
-
4:41 - 4:46Trump’s Mar-a-Lago trips reportedly cost
around $60,000 a day, but he also sometimes -
4:46 - 4:47goes there to work.
-
4:47 - 4:51The conclusion was that both presidents were
perhaps asking for a little too much and both -
4:51 - 4:53were extremely expensive men in the big seat.
-
4:53 - 4:55But what does the itemized bill look like?
-
4:55 - 5:00In 2016 it was reported by various media that
the total cost of the White House, which includes -
5:00 - 5:05security, total staffing, entertainment, and
travel, was around 1.4 billion dollars a year. -
5:05 - 5:09But this also included policy making staff,
which adds a lot onto the bill. -
5:09 - 5:14Just moving around, whether from car to plane
to helicopter is a highly orchestrated thing -
5:14 - 5:20and it reportedly costs around $2,614 every
minute the president moves. -
5:20 - 5:25According to Business Insider it costs $200,000
an hour to operate Air Force one. -
5:25 - 5:28This is because of logistics, but also because
it’s a highly advanced machine with defense -
5:28 - 5:29capabilities.
-
5:29 - 5:34The Beast Limos the presidents use each cost
$1.5 million to buy, never mind what they -
5:34 - 5:35cost to drive.
-
5:35 - 5:36As for bills at the White House?
-
5:36 - 5:41Well, food is not free, and you have to buy
your own face wash and black ties. -
5:41 - 5:44Utilities there are paid for, as is gardening
and cleaning, etc. -
5:44 - 5:48The bill for utilities and house staff is
unknown, but it’s estimated that staff and -
5:48 - 5:53day to day taking care of the White House,
plus bills, is around 13.5 million dollars -
5:53 - 5:54a year ($13,507,000).
-
5:54 - 5:57One thing we should say is that Jimmy Carter
often gets the plaudits for being the most -
5:57 - 6:00well-behaved and least extravagant of U.S.
presidents. -
6:00 - 6:04Time magazine actually reported that in 1977,
two weeks after he was sworn in, he gave a -
6:04 - 6:09televised fireside chat from his West Wing
study to the American public. -
6:09 - 6:12People were surprised he was wearing a rather
informal woolly cardigan. -
6:12 - 6:16Apparently he’d turned down the heating
in the White House to save money and conserve -
6:16 - 6:17energy.
-
6:17 - 6:21So, do you think these presidential costs
are ultimately worth it, or should the government -
6:21 - 6:24actively seek a way to reduce the presidential
price tag? -
6:24 - 6:25Let us know in the comments!
-
6:25 - 6:29Also, be sure to check out our other video
called American Soldier vs British Soldier! -
6:29 - 6:31Thanks for watching, and, as always, don’t
forget to like, share, and subscribe. -
6:31 - 6:32See you next time!
- Title:
- How Much Does a US President Cost the Taxpayers?
- Description:
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� SUBSCRIBE TO OUR NEW CHANNEL: Fuzzy & Nutz �️ ►►► http://bit.ly/fuzzyandnutz
Every wondered how much the White House or the United States president cost every year? We looked at the numbers and here is what we found!
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Sources for this episode:
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- Video Language:
- English
- Duration:
- 06:35
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Alexandre Clemente edited English subtitles for How Much Does a US President Cost the Taxpayers? | |
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Alexandre Clemente edited English subtitles for How Much Does a US President Cost the Taxpayers? | |
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Alexandre Clemente edited English subtitles for How Much Does a US President Cost the Taxpayers? |