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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. The most recent raise in salary was approved by Congress and President Bill Clinton in 1999 and went into effect in 2001.
The president of the United States holds, arguably, the most important job in the world, and according to Article II, Section I of the U.S. Constitution, is entitled to an annual salary â the highest salary of all federal employees. George Washington was paid $25,000 per year, and the presidential salary has only been increased five times since 1789.