Such is the law. It would upset the balance of power, if Congress could cut the President's salary.
Pay raises become effective with the next term in office for Congressman. As far as the President is concerned, they can raise his salary anytime they wish.
There have been two U.S. presidents who chose not to take a salary during their time in office. The first was George Washington, who declined a salary for his entire presidency. The second was Herbert Hoover, who also refused to accept a salary during his term in office. Both presidents were independently wealthy and felt that they did not need the salary for their service to the country.
There is a rule that the president's salary can not be changed in the middle of a term.
yes.
No, any raise in salary will be enforced during the next president's term.
400,000 yr currently.
Yes, and so do the vast majority of the presidents. There have been several who donated their entire salary to charity, but most presidents, even if they have a lot of money, do take their salary. That said, some presidents decide to donate a portion of it to worthy causes during the time they are in office-- Barack Obama has been doing this every year, and he is not the only one.
No- Congress can not reduce the salaries of people already in office.
The Presidents salary cannot be increased or decreased at any time during his term. This is to ensure that Congress does not use the Presidents salary as a bargaining tool to influence executive decisions. Constitution Article 2 Section1 Clause 7
The president's large salary ends when he leaves office, but a lesser amount for life as a pension plus some expense money for secretarial help.
The presidents salary is set by the United States Congress. The President's salary has only been raised once since 1980.
Former presidents who are still alive are Jimmy Carter, George Bush, Bill Clinton, and George W. Bush. They do NOT continue to earn the same full salary they made in office.