Obama Delivers on Promise to Donate Portion of His Salary to US Treasury

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By on July 1, 2014 in Pay & Benefits with 12 Comments

Obama Giving Speech

President Obama has kept his promise to donate $20,000 of his salary to the US Treasury in a gesture to stand in solidarity with federal workers who were furloughed in 2013 during the government shutdown.

The president of the United States earns a $400,000 annual salary. Obama said last year that he would write a check to the Treasury each month starting in April.

Speaking on the matter at the time, White House press secretary Jay Carney said, “The President has decided that to share in the sacrifice being made by public servants across the federal government that are affected by the sequester, he will contribute a portion of his salary back to the Treasury. He instructed his staff he wanted to do this when the sequester took effect.”

The Treasury department recently announced that the last of the seven checks had been written by Obama to complete the donation process.

The Obamas reported reported an adjusted gross income of $481,098 and paid $98,169 in total tax in 2013. See How Much Did the President and Vice President Pay in Taxes in 2013?.

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Ian Smith is one of the co-founders of FedSmith.com. He enjoys writing about current topics that affect the federal workforce.