Being president of the United States comes with numerous perks and the fringe benefits continue decades after the nation’s chief executives exit the White House.
Presidents are currently paid $400,000 annually, an amount set by Congress. The nation’s leaders have received five pay increases since 1789, when George Washington became the country’s first president.
Washington, and the 17 chief executives who followed him, were paid $25,000. In 1873, presidents got a raise to $50,000. In 1909, the presidential paycheck increased to $75,000 annually.
When President Harry Truman started his second term in 1949, he got a raise to $100,000. President Richard Nixon was the first president to get $200,000 in 1969. The current rate of $400,000 took effect in 2001 with President George. W. Bush.
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