PRESIDENT GETS A RAISE
The
next president of the United States may be paid double what President
Clinton is being paid.
On
Wednesday, September 28, 1999, President Clinton signed papers
approving doubling the next president's salary. The new salary
for the next president would be $400,000 per year. This would
be the first presidential raise since 1969.
The
idea also awards members of Congress a 3.4% pay raise which would
give most members of Congress a yearly pay of $141,300.
Some Americans are against this pay raise because the average
American earns less than this amount. Also, there are many other
perks to go along with being president that are not taken
out of the salary.
People
who are in favor of the pay raise say that the presidential yearly
salary should be enough money to attract talented people to hold
such a high position in government.
The
raise for Congress would begin in January of 2000 but for the
presidency the raise would go into effect when the next person
takes office.
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