When billionaire Trump ran for the president of the United States, he said he wouldn’t take a salary, but he lied.
Donald Trump isn’t taking the full salary of $400,000 offered to the president each year, but instead he is being paid a single dollar per year.
He is taking a salary, but not really.
Federal law says that Trump must be paid as president so he has to be paid a dollar a year.
Trump made the announcement during his interview on 60 Minutes on Sunday.
Here is a clip where he discusses the presidential salary.
Trump hasn’t even started, but he has already found a way to cut $1,599,996 from the budget over the next four years. That is a good start.
This is a very symbolic move and sets a great tone for his transition team. It says that Trump is here for business and not to make money.
Hopefully other presidents will continue to only take a dollar. It will be hard for future presidents to say they would like a salary after Trump refused it. This might be an ongoing thing.
The move is also a symbolic move to the rest of Washington. He is telling them, they are not here to make money either. He is saying that they are all in Washington for the American people.
It was a bold move, and it could be a good sign of what’s to come.
Do you respect Donald Trump for not taking the presidential salary? Let us know your thoughts in the comments below.