< Return to Video

How Much Does a US President Cost the Taxpayers?

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

� 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!

WEBSITE (You can suggest a topic):
http://theinfographicsshow.com

SUPPORT US:
Patreon.......► https://www.patreon.com/theinfographicsshow

CHAT:
DISCORD.....►https://discord.gg/theinfographicsshow

SOCIAL:
Facebook...► https://facebook.com/TheInfographicsShow
Instagram..► https://www.instagram.com/theinfographicsshow
Twitter........► https://twitter.com/TheInfoShow
Subreddit...► http://reddit.com/r/TheInfographicsShow

--------------------------------------------------------------------------
Sources for this episode:
https://pastebin.com/VvaaSuGV

Some Images used under license from Shutterstock.com

more » « less
Video Language:
English
Duration:
06:35

English subtitles

Revisions