It’s easy to forget that the presidency of the United States is a government job just like any other–in that it comes with a stipulated salary and benefits.

---

But regardless of their bombastic rhetoric or self-serious public image, politicians are like all other government employees. The president, vice president, and legislators earn an annual income from the government in exchange for their duties, which include: executing/circumventing the law, upholding/withholding the civil liberties of American citizens, and legislating/sabotaging how societal institutions meet the needs of citizens, from healthcare to education.

If you’ve ever wondered what American politicians earn for all their hard work arguing across the aisle and starting Twitter feuds, look no further:

President (Donald Trump): $400,000 with non-taxable perks including a $50,000 expense account, a $100,000 travel account, and $19,000 for entertainment (all annually).

Pixelbay

Technically, Donald Trump donates his presidential salary, but as an independently wealthy private citizen, Trump still earns income from his real estate investments. As USA Today points out, this has been challenged by lawsuits arguing that Trump is violating the Constitution’s foreign emoluments clause.

Simply put, the emolument clause prohibits the sitting president of the United States from accepting money from foreign states–in any way, since doing so could influence his judgment on foreign or domestic affairs. Trump, of course, holds over $100 million of investments in foreign business interests. That’s why he’s been fighting emolument lawsuits since 2017.

But yes, technically, Trump writes a check for around $400,000 once a year in order to “donate” his salary. As for his travel expenses, that $100,000 travel “budget” seems to be irrelevant, since the government covers way more than that amount each year.

Vice President (Mike Pence): $235,100 (subject to annual cost of living raises)

Let’s remember that Mike Pence once spent over $240,000 to fly to a 49ers game just so he could dramatically walk out of the stadium when the national anthem played as a snub to Colin Kaepernick kneeling in protest of police brutality against Black citizens.

So Pence is payed over $230,000 a year to pull stunts like that as Vice President of the United States. (We won’t be too hard on him, though; reportedly, Donald Trump ordered him to do it).

(adsbygoogle = window.adsbygoogle || []).push({});

Speaker of the House (Nancy Pelosi): $223,500

Amidst a global crisis that has put nearly half of all Americans out of work, Nancy Pelosi doesn’t believe in extending unemployment benefits because she would “lose leverage” when arguing with Republican representatives.

As a venture capitalist who’s in business with her husband, Paul Pelosi, Nancy has a net worth of about $97 million (despite a popular meme that claims she’s worth more than twice that). Yet, she’s paid over $220,000 a year to do things like dismissing life-saving unemployment benefits as nothing but “leverage.”

As for the rest of the house leadership, Steny Hoyer and Kevin McCarthy (the House Majority and Minority leaders respectively) earn $193,400 each year, while the rest of the standard salary for a congressperson is the same as a senator: $174,000.

Senate Majority and Minority Leaders (Mitch McConnell and Chuck Schumer): $193,400

US Senate

Mitch McConnell has an estimated net worth of $30 million (including a windfall from an inheritance his wife received after a relative passed away). He earns nearly $200,000 a year protecting his wealthy friends’ special interests and blocking bills from the Senate floor that don’t have “liability protections” for said rich friends.

Supreme Court Associate Judges: $246,800

As one of eight current Supreme Court Associate Judges, Ruth Bader Ginsburg is a priceless treasure who deserves to be paid in immortality and hugs. She’s been an advocate for women’s rights and racial justice throughout her career, including her 27 years on the Supreme Court.

It’s unfortunate that she only earns about $250,000 a year, but Ginsburg’s total net worth is about $4 million plus the hopes and dreams of an entire nation.

string(7104) "
It's easy to forget that the presidency of the United States is a government job just like any other–in that it comes with a stipulated salary and benefits.
But regardless of their bombastic rhetoric or self-serious public image, politicians are like all other government employees. The president, vice president, and legislators earn an annual income from the government in exchange for their duties, which include: executing/circumventing the law, upholding/withholding the civil liberties of American citizens, and legislating/sabotaging how societal institutions meet the needs of citizens, from healthcare to education.
If you've ever wondered what American politicians earn for all their hard work arguing across the aisle and starting Twitter feuds, look no further:
President (Donald Trump): $400,000 with non-taxable perks including a $50,000 expense account, a $100,000 travel account, and $19,000 for entertainment (all annually).
Pixelbay
Technically, Donald Trump donates his presidential salary, but as an independently wealthy private citizen, Trump still earns income from his real estate investments. As USA Today points out, this has been challenged by lawsuits arguing that Trump is violating the Constitution's foreign emoluments clause.
Simply put, the emolument clause prohibits the sitting president of the United States from accepting money from foreign states–in any way, since doing so could influence his judgment on foreign or domestic affairs. Trump, of course, holds over $100 million of investments in foreign business interests. That's why he's been fighting emolument lawsuits since 2017.
But yes, technically, Trump writes a check for around $400,000 once a year in order to "donate" his salary. As for his travel expenses, that $100,000 travel "budget" seems to be irrelevant, since the government covers way more than that amount each year.
Vice President (Mike Pence): $235,100 (subject to annual cost of living raises)
Let's remember that Mike Pence once spent over $240,000 to fly to a 49ers game just so he could dramatically walk out of the stadium when the national anthem played as a snub to Colin Kaepernick kneeling in protest of police brutality against Black citizens.
So Pence is payed over $230,000 a year to pull stunts like that as Vice President of the United States. (We won't be too hard on him, though; reportedly, Donald Trump ordered him to do it).
 (adsbygoogle = window.adsbygoogle || []).push({}); 
Speaker of the House (Nancy Pelosi): $223,500
Amidst a global crisis that has put nearly half of all Americans out of work, Nancy Pelosi doesn't believe in extending unemployment benefits because she would "lose leverage" when arguing with Republican representatives.
As a venture capitalist who's in business with her husband, Paul Pelosi, Nancy has a net worth of about $97 million (despite a popular meme that claims she's worth more than twice that). Yet, she's paid over $220,000 a year to do things like dismissing life-saving unemployment benefits as nothing but "leverage."
As for the rest of the house leadership, Steny Hoyer and Kevin McCarthy (the House Majority and Minority leaders respectively) earn $193,400 each year, while the rest of the standard salary for a congressperson is the same as a senator: $174,000.
Senate Majority and Minority Leaders (Mitch McConnell and Chuck Schumer): $193,400
 US Senate 
Mitch McConnell has an estimated net worth of $30 million (including a windfall from an inheritance his wife received after a relative passed away). He earns nearly $200,000 a year protecting his wealthy friends' special interests and blocking bills from the Senate floor that don't have "liability protections" for said rich friends.
Supreme Court Associate Judges: $246,800
As one of eight current Supreme Court Associate Judges, Ruth Bader Ginsburg is a priceless treasure who deserves to be paid in immortality and hugs. She's been an advocate for women's rights and racial justice throughout her career, including her 27 years on the Supreme Court.
It's unfortunate that she only earns about $250,000 a year, but Ginsburg's total net worth is about $4 million plus the hopes and dreams of an entire nation. 

"

The Momager May Be Worth More Than You Think… Kris Jenner is a pop culture icon for many reasons. While you may have watched her meteoric rise to fame on Keeping Up with the Kardashians — which originally debuted on E! — she’s actually been a fascinating figure in the public eye for ages.  As

Keep reading

I never thought tariffs would be something I’d give AF about — let alone vent about on a first date —  but here we are. Because suddenly, the price tag on my favorite pair of imported wide-leg jeans just jumped by twenty bucks. Thanks, global politics. It turns out over 95% of the clothing sold

Keep reading

Everyone says the economy’s healthier than ever, but some of us still find it necessary to make that paycheck stretch…and stretch…and stretch. The better we understand our spending habits, the better we can manage them. Living frugally can benefit you in many ways. You’ll grow more self-reliant, creative, and resourceful as you learn to make

Keep reading

21 Tips To Save Bucks Today “My budget is completely out of control. I’ve got no savings, my credit card debt keeps climbing, and making ends meet is tougher than ever. Inflation’s rampant — and the mere thought of what tariffs may do to prices is something I don’t even want to think about. I’ve

Keep reading

In the 1980s movie Little Shop of Horrors, the protagonist Audrey fantasizes about owning a house of her very own. She doesn’t ask for much: just a simple one-storey place with a washer, dryer, and bedding will do.  And while this moment in the film is intended to satirize the American Dream by underlining how

Keep reading

Tax season can absolutely wreck your life for a few weeks, especially if the very thought of anything math-related makes you break out in a rash. (No? Just me?) But regardless of how overwhelming organizing all your receipts and deductions may seem, the process can be made a million times easier with the help of

Keep reading

In this month’s Money Journal, Celia is organized and disciplined yet enjoys her life “to the Max” Welcome to Money Journal, a monthly Paypath series that examines how Americans really handle their finances. Our participants keep a journal of their earnings, spending, and savings (if any), then share what it’s like to live in their

Keep reading

You Lose $20K Each Year Just For Being a Mom You may not know this, but there was a time when smoking was considered “liberated” behavior for women. There was a cigarette company Virginia Slims that was created specifically to attract female smokers during the bad old 1970s. The slogan was “You’ve come a long

Keep reading

Even if you don’t know the first thing about collectables, you know Funko POPs. Funko Everyone does. They’re absolutely everywhere, from comic book shops to big box stores to movie theater concession stands. Many people think Funko POPs are cute, with their big black eyes and uniform features. Others think they’re creepy for pretty much

Keep reading

Money plays a huge role in all our lives. We work hard for it, try to save it, sometimes splurge on things that make us happy, and frequently stress about having enough of it. But beyond just paying the bills, financial knowledge is power—especially for women. Historically, the finance world has been a boys’ club,

Keep reading