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The Obama administration is facing criticism for paying Iran $1.7 billion in taxpayer funds as part of what critics described as a ransom bound up in a controversial hostage trade designed to secure the release of five Americans long held by Iran, according to conversations with administration officials and experts critical of the agreement.
The Obamas also turned into philanthropists. From 2000 to 2004, they disclosed charitable donations of just $10,770 on their tax returns, less than 1% of their total earnings. But from 2005 to 2015, they gave away $1.6 million, or 8% of their earnings. Obama made less money every year he stayed in the Oval Office. His earnings started at $5.6 million in 2009 before dropping to $450,000 by 2015, as royalties from his books declined. He has not released his 2016 tax returns, but there is no indication that his earnings picked up during his final year in office.