Obama lists assets worth 7.15 million; presidential salary 400.000 dollars

Saturday, May 17th 2014 - 06:45 UTC

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The president and Michelle reported income of over half a million dollars in April

President Barack Obama lists assets worth between 1.95 million and 7.15 million dollars, of which 1 million to 5 million dollars were in Treasury notes, according to financial disclosure forms released today.

Obama and his wife, Michelle, in April reported income of 503,183 dollars last year. As president, Obama is entitled to a 400,000 salary.

In financial disclosure forms released on Friday, the president reported outside income of between about 180,000 and 482,000 from book royalties and investments.

The president reported a 30-year mortgage of between 500,000 and 1 million on his Chicago residence at a 5.625% interest rate. He has retirement plans from the Illinois General Assembly and the University of Chicago.

Vice President Joe Biden reported assets of between about 230,000 and 850,000. He is entitled to a 230,700 salary.

Biden listed outside income of between about 30,000 and 105,000, principally from rental property and book royalties.

Biden's liabilities include a mortgage of between 500,000 and 1 million at a 3.375% interest rate and a home equity line of credit of between 250,000 and 500,000.

Biden split a 50,000 award from the Pennsylvania Society in equal parts, with contributions to the Pennsylvania Coalition Against Domestic Violence and Women Against Abuse in Philadelphia.

Categories: Politics, International, United States.

Tags: Joe Biden, President Barack Obama, United States, US President salary.

Top Comments

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ChrisR
Life is good for the Yankee Muslim running the country into the floor, unlike the poor woman shown in the link.

For those who still deny that Obumma, the son of a Muslim is therefore a Muslim himself and cannot recant without being hanged, please read this:

http://www.telegraph.co.uk/news/worldnews/africaandindianocean/sudan/10837365/Islamic-court-permits-pregnant-woman-to-give-birth-before-she-is-hanged.html

Such a sensible “religion”, well it makes sense to the lunatics that believe in this crap.

Apparently she can have two years with the new baby before they hang her.

All these Islamist twats need killing before this dreadful “religion” sets the whole world aflame, AGAIN.
May 17th, 2014 - 12:56 pm 0
Boovis
He's a unitarian, you're talking out of your tea party backside.
May 17th, 2014 - 03:52 pm 0
ChrisR
@ 2 Boovis

So you didn't look at the link then?

BTW I am a Brit living in Uruguay and I don't have any view on the politics of the USA, just the performance (or lack of it) by the system as it affects me via the dollar.

So get your head out of your backside before you reply to me again, should I be so unfortunate to receive one.
May 17th, 2014 - 07:11 pm 0

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