How much presidents spend

Personnel Compensation. Personnel Benefits. Office Space. Other Services. Supplies and Materials. Data Sources : U. NTUF Archive. Pensions and Perks for Former Presidents. All About America. August 19, PM. Dora Mekouar.

Back to top. The biggest sources of mandatory spending are Medicare and Social Security. In addition, the federal fiscal year runs from Oct. The U. Most of that deficit was created on Bush's watch, but Obama and the Democratic-controlled Congress added hundreds of billions of dollars to it in early Relative to the size of the nation's economy, the biggest U.

President Trump continued the trend of pushing the deficit higher as he sought massive tax cuts and increased defense spending. White House, Office of Management and Budget. Accessed Feb. Ronald Reagan Presidential Foundation and Library. Allen Schick.

Brookings Institution Press, White House. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. The country home is fully equipped with a gym, swimming pool, and aircraft hangar.

It has been the presidential retreat since the s. The customized Boeing B reserved for the president is highly sophisticated. The plane has 4, square feet of space , a medical operating room, private quarters for the president, and the capacity to feed people at a time. Marine One follows the president wherever he goes. It can operate rescue missions and cruise at more than miles per hour even if one engine fails. It is also armed with anti-missile systems and ballistic armor, Insider reported.

Secret service is always near the president, but protection doesn't end after a president leaves the White House. Retired presidents receive the perk for life and their children are protected until the age of Whenever the president travels by car, he travels in bullet- and bomb-proof luxury. The Beasts, as they're known, are a fleet of cars designed and constantly watched by the Secret Service.

The cars are built for targeted attacks — but they won't win a street race. They weigh as much as a tank and only get 5 miles per gallon, according to GoBankingRates. Being the guest of the president has its perks too, including an entire guest house to yourself. Blair House accommodates heads of state and other dignitaries when visiting the US, Insider previously reported. The home includes four townhouses with rooms.

Presidential perks last beyond four — or eight — years. The General Services Administration is required to provide a former president enough money to cover travel and business expenses.

While serving a term, a White House doctor is always on call and medical staff accompany the president at all times. He was treated at Walter Reed Medical Center which has a presidential suite. The White House also has its own clinic with exam rooms, medical equipment, and military doctors on staff, according to the LA Times. If a president serves five or more years of federal service, they receive priority health benefits and use of veterans hospitals.

The Former President Act determines how much compensation a president will receive after leaving the White House. In , Jimmy Carter, George H.

Bush, George W. While presidential pensions are fixed rates, presidents can ask for additional funds from Congress to cover things like staff salaries and office space, according to MONEY.