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The president can recommend expenditures and to a certain extent, spends money based on decisions made. However, both the cabinet and Congress have input that affects those decisions. Do not forget that the value of dollars has changed over time.

President Harry Truman borrowed 12 billion dollars (around 12 billion) to help aid European countries during their famine (shortage of food). we spent a lot of that money in the us which helped our economy and we shipped the goods to Europe, but we certainly didnt have the money to help aid them. as a tool of foreign policy, we use non military aid to help others. Just like we are doing now in Haiti.

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12y ago
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10y ago

The richest president ever was either Washington (net worth of about 525 million in 2010 dollars) or Kennedy (estimates range from 125 million to 1000 million).

The richest president who's still alive is Clinton, who has a net worth of about 55 million. The Bushes are each in the low 20s, Carter's worth about 7 million, and Obama is in the vicinity of 5.

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9y ago

The president can not spend money unless Congress appropriates it and in effect tells him to spend it. In current dollars, the most money has been spent under Obama. I suspect that more, adjusted for inflation, was under Franklin Roosevelt in W W II.

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12y ago

Reagan or Truman in adjusted dollars

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12y ago
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9y ago

john key , barack obama

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11y ago

Obama

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Q: Which president has the most money?
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