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How Much Does a US President Cost the Taxpayers? - YouTube
Channel: The Infographics Show
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Leaders of the so-called free world donât
come cheap.
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Whether they are taking trips on Air Force
One, hosting get-togethers with other world
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leaders, or simply collecting a paycheck,
the job demands a fair bit of cash.
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You might not be surprised that some leaders
are more expensive than others.
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There have been men of power that pulled the
purse strings and others that werenât quite
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so frugal.
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But can we blame the President if he, or possibly
in the future she, has to spend a lot on doing
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the job right?
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Thatâs what we will investigate today, in
this episode of the Infographics Show, How
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Much Does a US President Cost the Taxpayers?
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Donât forget to subscribe and click the
bell button so that you can be part of our
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Notification Squad.
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First of all, we must think about salary.
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(A book called âThe Official Role of the
United States President - 2015: U.S.C.
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Title 3,â said that) A President is currently
paid as follows: A basic salary of $400,000
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a year, $50,000 in expenses, $100,000 for
a nontaxable travel account, and a mere stipend
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of $19,000 for entertainment.
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In total thatâs $569,000 a year.
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But, and thereâs a big but, the President
also receives benefits.
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Those include free housing at the White House
with all bills included, being driven around
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in a presidential limousine, and taking trips
on Marine One and Air Force One.
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Weâll get to the lowdown on those costs
later.
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We should also add that forever more the President
receives $200,000 a year for his pension plus
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healthcare.
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Itâs really not a bad job in terms of pay,
although as we know it seems to age you at
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a ratio of about 4 years for every 1 year.
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Another thing that is interesting is that
pay raises for this job donât exactly happen
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very often.
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There have only been five pay raises for U.S.
presidents from 1789 to the present day.
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The last one was in 2001 when the salary went
up from $200,000 to $400,000.
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We shouldnât feel bad for Presidents, though,
as the wage still puts them in the top one
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percent of earners in the USA.
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When talking about costs, we must include
salaries, but some Presidents refused to accept
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their salary.
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There have been three in all.
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One of them is the current President, Donald
Trump, who has been donating his wad to other
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causes than himself.
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His first quarter salary went to the National
Park Service, and his second quarter salary
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went to the Department of Education.
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The other two American presidents to have
displayed such salary largesse were John F.
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Kennedy and Herbert Hoover, although Time
magazine once reported that George Washington
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declared in his inaugural address that he
would not accept the paycheck.
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Lawmakers were not pleased with that idea
and told Washington it was unconstitutional.
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We should say here that while Washington was
offered $25,000 for the job in his dayâs
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money, that would be around $600,000 todayâŠWe
might also add that Washingtonâs benefits
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were not as extravagant as todayâs president.
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But, who was the most expensive President
so far?
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Well, we should say that presidents donât
stop costing the taxpayer money.
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Presidents donât only get a pension, but
they keep on receiving benefits.
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This we must take into account when adding
up how much they cost.
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For 2017 Obama broke the record for asking
for the biggest budget.
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His expenses were $1,153,000, and this was
on top of the reported $400,000 he made for
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giving one speech to Wall Street folks.
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He also has a $65 million twin book deal in
the pipeline.
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Fox news and other media reported that his
price for the Milan speech was $3.2 million,
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although some media left the story alone so
we cannot confirm its veracity.
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We mention this just to highlight that some
presidents obviously like to live the high-life,
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which could give credence to them being expensive
while in office.
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As for other former presidents, Bushâs expenses
for 2017 were $100,000 less than Obamaâs,
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Clintonâs $200,000 less and Jimmy Carterâs
$456,000 less.
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But who has demanded the most cash while still
on the job?
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Well, you might already know that just recently
the media reported that that title goes to
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none other than Donald J. Trump.
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He may not take a wage, but thatâs nothing
compared to some of the costs for his lifestyle
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and added extras to his job.
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Just flying his family from his Mar-a-Lago
golf resort to New York during Easter reportedly
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cost taxpayers $110,000.
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According to the LA Times just travel and
protection made Trumpâs âpresidential
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family the most expensive in history.â
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His first 100 days cost a grand total of $30
million.
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According to some reports Obama and family
were costing around $12 million a year.
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But that doesnât make much sense when we
read other reports from established media
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who cite the think tank, Judicial Watch.
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According to them, Obamaâs travel costs,
including flights, hotels, car rentals and
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all the foie gras and champagne one could
quaff, cost the taxpayer close to $106 million
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dollars ($105,662,975.27) for his entire presidency.
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We can only wait to see what Trump will clock-up
during his entire term, though.
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To compare these two presidents, whom most
media seem to think have been the most costly
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to the taxpayer, The Washington Post asked
the question in April this year: âAre President
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Trumpâs trips to Mar-a-Lago similar to Obamaâs
travels?â
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Roughly, wrote the post, Obama was costing
on average around $33,000 a day, although
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they had his total eight years at $97 million
rather than what seems like the correct one
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we stated before.
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This is total cost divided by time as President.
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What is perhaps unfair for Donald is that
people estimate his cost on what one travel
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day or holiday costs, according to The Post.
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Trumpâs Mar-a-Lago trips reportedly cost
around $60,000 a day, but he also sometimes
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goes there to work.
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The conclusion was that both presidents were
perhaps asking for a little too much and both
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were extremely expensive men in the big seat.
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But what does the itemized bill look like?
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In 2016 it was reported by various media that
the total cost of the White House, which includes
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security, total staffing, entertainment, and
travel, was around 1.4 billion dollars a year.
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But this also included policy making staff,
which adds a lot onto the bill.
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Just moving around, whether from car to plane
to helicopter is a highly orchestrated thing
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and it reportedly costs around $2,614 every
minute the president moves.
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According to Business Insider it costs $200,000
an hour to operate Air Force one.
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This is because of logistics, but also because
itâs a highly advanced machine with defense
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capabilities.
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The Beast Limos the presidents use each cost
$1.5 million to buy, never mind what they
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cost to drive.
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As for bills at the White House?
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Well, food is not free, and you have to buy
your own face wash and black ties.
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Utilities there are paid for, as is gardening
and cleaning, etc.
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The bill for utilities and house staff is
unknown, but itâs estimated that staff and
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day to day taking care of the White House,
plus bills, is around 13.5 million dollars
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a year ($13,507,000).
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One thing we should say is that Jimmy Carter
often gets the plaudits for being the most
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well-behaved and least extravagant of U.S.
presidents.
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Time magazine actually reported that in 1977,
two weeks after he was sworn in, he gave a
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televised fireside chat from his West Wing
study to the American public.
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People were surprised he was wearing a rather
informal woolly cardigan.
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Apparently heâd turned down the heating
in the White House to save money and conserve
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energy.
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So, do you think these presidential costs
are ultimately worth it, or should the government
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actively seek a way to reduce the presidential
price tag?
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Let us know in the comments!
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Also, be sure to check out our other video
called American Soldier vs British Soldier!
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Thanks for watching, and, as always, donât
forget to like, share, and subscribe.
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See you next time!
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