Wage Law

The U.S. President earns an annual salary of $400,000 (exempt from overtime) in addition to a generous expense account and, of course, use of a home with 132 rooms, 32 bathrooms, a theater, bowling alley, tennis court and other amenities, including a private jet and a vacation resort at Camp David. Adjusting for inflation, however, the president's salary is less than half of what it was in 1969.