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Jan 20, 2023

[Ans] What was George Washington's annual salary as president?

Step 1 : Introduction to the question "What was George Washington's annual salary as president?"



When President George Washington took office in 1789, the salary of the president was established at $25,000 per year. Washington was not provided with the perks of a modern president, was often forced to dip into his personal finances for official duties. According to the Congressional Research Service, Washington's $25,000 salary equates to more than $4.5 million today. Since 2001, the president has earned a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.




Step 2 : Answer to the question "What was George Washington's annual salary as president?"



$25,000:


When President George Washington took office in 1789, the salary of the president was established at $25,000 per year. Washington was not provided with the perks of a modern president, was often forced to dip into his personal finances for official duties. According to the Congressional Research Service, Washington's $25,000 salary equates to more than $4.5 million today. Since 2001, the president has earned a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.


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