In September 1999, President Bill 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 about $1.5 million in today's money.
On top of this salary, the president is allotted an expense allowance of $50,000 to assist in costs related to the official duties of the office.
But aside from the salary and that expense account, the U.S. president has a lot of free perks, including free housing and transportation. The president and can travel via Air Force One, Marine One and presidential motorcade. And POTUS and their family live rent free in the White House, which has 132 rooms, 35 bathrooms, a movie theater, bowling alley, billiards room, tennis court, jogging track and putting greens. Presidents also have use of Camp David, the presidential retreat in Catoctin Mountain Park in Frederick County, Maryland.
The vice president also gets a few perks. She lives in Number One Observatory Circle, which has been the official vice presidential residence since 1974. Her salary isn't as much as the president's, but it's not too shabby either. We'll talk about hers — and a few other federal employees' — next.