Biden's monthly salary is 33,333 Dollars

Staff Reporter: Monthly salary of newly elected President of United States Joe Biden has been fixed. He will receive a monthly salary of 33,333 Dollars up from 400,000 Dollars (4 lakh taka) a year. Under U.S. law, a president is paid a certain amount of money while in office. Article 3 of the US Code states that a president will receive a salary of 400,000 a year (more than 3 crore 90 lakh taka a year). Biden is going to receive a salary on the same scale. The monthly amount stands at 33,333.33 dollars In addition, a US president receives 50,000 dollars (more than 4 lakh taka) as incidental expenses, 1,00000 dollars (about 85 lakh taka) for travel and $19,000 (more than 16 lakh taka) per year as entertainment allowance. Even after leaving office, US presidents receive a fixed amount of salary from government funds. Some benefits like round-the-clock security, health insurance continue. However, there is no separate allocation for the decoration of the President and his family. If a designer wants to give a gift of clothing, there are usually no rules for accepting it. Even if the president accepts the gift, it must be deposited in the National Museum once it is worn. BP/SM