Does Obama Get Paid Enough?
New York Mayor Michael Bloomberg says President Obama doesn’t get paid much.
As president, Mr. Obama earns $400,000 a year. He has a $50,000 expense account, a $100,000 nontaxable travel account and a $19,000 entertainment budget.
Mr. Obama’s total compensation package: $569,000 a year.
That is 11 times the median household income in the United States, which is about $50,000.
But then, Mayor Bloomberg makes only a dollar a year.
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