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The secretary of the treasury pays a taxable pension to the president. Former presidents receive a pension equal to the salary of a Cabinet secretary (Executive Level I); as of 2020, it was $219,200 per year [5] and since January 2022, $226,300. The pension begins immediately after a president's departure from office. [6]
Harry Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million. His financial situation contributed to the doubling of the presidential salary to $100,000 in 1949. [5] In addition, the presidential pension was created in 1958 when Truman was again experiencing financial difficulties. [6]
From 2016 to 2024, former President Clinton has received nearly $13 million in pension and other benefits. Former President George W. Bush has been paid just over $12 million in those same eight ...
With an estimated net worth of $2.6 billion, former President Donald Trump doesn't necessarily need a monthly Social Security check to help pay the bills. At 77 years old, he has been eligible for...
Donald Trump. Before: $3 billion After: $2.3 billion According to an in-depth report from Bloomberg on “Trump’s Ailing Empire,” the presidency cost Donald Trump a cool $700 million. After ...
Donald Trump defeated the incumbent vice president and Democratic nominee, Kamala Harris, in the 2024 presidential election, receiving 312 electoral votes compared to Harris's 226 electoral votes in the election; winning every swing state in addition to holding on to all of the states that he won in 2020.
Image source: Getty Images. Trump's Social Security plan comes with unforeseen consequences. While President-elect Donald Trump's casual proposal to do away with the taxation of Social Security ...
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Having won the 2024 presidential election as the nominee of the Republican Party , he is the president-elect and will be inaugurated as the 47th president on January 20, 2025.