Compensation of the President

White House Redecoration

Expense Amount: $100,000 each term
Year of Expense: 2009
Expense Details:

Allocated $100,000 each term. The Obamas “are not using public funds or accepting donations of goods for redecorating their private quarters,” says Camille Johnston, director of communications for the First Lady. Nor is the couple using money from the White House Historical Association, a privately funded foundation that paid for a $74,000 set of china shortly before Laura Bush left town. The White House declined to disclose the budget, saying that all expenses would remain private as a result of the Obamas’ decision to absorb the cost. - Tax Payer Treasure Hunt

Source Details: http://nymag.com/news/intelligencer/55679/ March 23, 2009
Creation Date: October 30, 2010

Extra Authorizations

Expense Amount: $1,000,000
Expense Details:

May be authorized each fiscal year to enable the President, at his discretion, to meet unanticipated national interest, security, defense or personnel needs.

Source Details:
  • "To Serve the President", Bradley H Patterson.
Creation Date: February 2, 2010

President's Travel Expense Budget

Expense Amount: $100,000
Year of Expense: 2009
Expense Details:

Approved Travel Expense Budget

Source Details:
Creation Date: February 2, 2010

President’s Business Expense Budget

Expense Amount: $50,000
Year of Expense: 2010
Expense Details:

Usually used for meetings not covered by other departments

Source Details: http://www.gpo.gov/fdsys/pkg/BUDGET-2010-PER/pdf/BUDGET-2010-PER.pdf
Creation Date: February 2, 2010

President’s Entertainment Budget

Expense Amount: $19,000
Expense Details:

Approved Entertainment Budget

Source Details: http://www.whitehousemuseum.org/special/questions.htm#runs
Creation Date: February 2, 2010

Presidential Pension

Expense Amount: $199,700
Year of Expense: 2010
Expense Details:

Former presidents receive a lifetime pension equal to the top pay rate for the head of executive branch departments, which was $199,700 in 2010. The average life expectancy of black males in the United States is about 70 years. If President Obama, who took office at age 48, were to serve only one term and live to age 70, his total lifetime pension would be about $3.6 million. If he were to serve two terms, his lifetime pension would total about $2.8 million.

Source Details: US Office of Personnel Management, http://www.opm.gov/oca/10tables/html/ex.asp
Creation Date: January 19, 2010