Tag Archives: $400

Special “Political Paychecks” E-dition

november-16-political-paychecks

WEDNESDAY, NOVEMBER 16, 2016
Get Our Your Calculators, Class

image005At this morning’s meeting at the Conservative Agenda, Political Insiders were asking Beloved Whistleblower Publisher Charles Foster Kane what he thought about President-Elect Donald Trump’s telling CBS news anchor Lesley Stahl his plans not to take his $400,000 annual salary.

“The President’s salary is set by statute,” Kane explained, “so Trump can’t actually refuse to take it – justlike George Washington, who reportedly tried to refuse a salary but got paid anyway, at $25,000 per year.”

So Trump could opt to donate his salary to charity or return it to the Treasury: he wouldn’t be the first President to do so. When John F. Kennedy was President, he donated his salary to charity, a practice he continued from his days serving in Congress. Herbert Hoover, a self-made millionaire, donated his salary to charity, too. And in 2013, Obama, who famously announced that he had just finished paying off his student loans a few years before he took office, agreed to return 5% of his salary to the Treasury after the government shutdown affected the pay of federal workers.

In fact, Trump could be saving American Overtaxed-Payers more than his $400,000 paycheck, since the US Treasury doesn’t actually have the money to pay his salary, and Over-Taxed Payers would be paying interest on that money we’d have to borrow from China.

Plus, the Federal Government spent about $3.8 Trillion in 2015.image006

That was only about $10.5 Billion per day, which would equal more than 26,000 annual presidential paychecks. The Federal Government probably spends an amount equal to Trump’s salary every four seconds.  

Maybe that’s what Illinois Republican Senator Everett Dirksen meant when he said, “pretty soon you’re talking real money.image003 image014