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From the middle of the twentieth century, the United States' status as a superpower has led the American President to be dubbed "the most powerful person on earth".
The First U.S. Congress voted to pay George Washington a salary of $25,000 a year, about $566,000 in 2008 terms. Washington, already a wealthy man, refused to accept his salary; however, he asked for his living expenses to be covered. Theodore Roosevelt spent his entire $50,000 salary on entertaining guests at the White House. John F. Kennedy donated his salary to charities. Currently, the President's salary is $400,000 per year, along with a $50,000 expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.
-Added July 18, 2008
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