![]() Alex Wong/Getty Images U.S. President George W. Bush (right) waves on the steps of the Marine One prior to his departure from the White House on Nov. 19, 2007 in Washington, D.C. As president, Bush makes $400,000 per year. |
As president, Bush makes $400,000 and gets additional money in various expense accounts. Cheney makes $208,100 and also has expense accounts. In September 1999, President Clinton signed legislation that increased the presidential salary to $400,000, effective January 2001. The Constitution prohibits pay raises for sitting presidents. This presidential pay raise was the first since 1969, when the president's salary was raised from $100,000 to $200,000. Adjusted for inflation, $200,000 in 1969 would be worth $930,232 today. On top of the salary and expense accounts, both the U.S. president and vice president are given free housing with plenty of amenities. The White House has 132 rooms, 32 bathrooms, a movie theater, bowling alley, billiards room, tennis court, jogging track and putting greens. Bush also has use of Camp David, the presidential retreat. Cheney lives in Number One Observatory Circle, which has been the official vice presidential residence since 1974.
Congress receives frequent pay raises. Since 1989 a cost of living increase takes effect each year unless Congress votes against it. Pay for the average member of Congress has more than doubled in the past 20 years. For example, the average salary in 1983 was $69,800 and $141,300 in 2000. However, if you were to adjust the 1983 salaries for inflation, members of Congress made $119,708 in 2000. As of January 1 2005, members of Congress make $162,100. The president pro tempore of the Senate and the majority and minority leaders of both houses are paid $180,100. The speaker of the House of Representatives makes $208,100.
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