section_path: Incumbency/Compensation
section_name: Compensation
paragraph_text: Compensation
  
  Since 2001, the president's annual salary has been $400,000, along with a $50,000 expense allowance; a $100,000 nontaxable travel account; and a $19,000 entertainment account. The president's salary is set by Congress, and under Article II, Section 1, Clause 7 of the Constitution, any increase or reduction in presidential salary cannot take effect before the next presidential term of office.