WASHINGTON, D.C. – President Barack Obama on Monday signed an executive order authorizing a temporary 110% salary increase for the Executive Office of the President. The executive order, which is set to expire on January 29, 2017, at 11:59 p.m. EST, will bring Mr. Obama’s annual income from $400,000 a year to $840,000 for 2016.
The salary increase also extends to the president’s most trusted advisers, including top tier members of the White House National Security Council, who – at President Obama’s discretion – will receive a sixty to seventy-five percent raise this year as well as a custom-made S550 Mercedes-Benz. Aptly named the White House Edition, the $105,000 2016 S-Class Mercedes comes standard with state-of-the-art armor plating, providing its occupants with enhanced protection from small arms fire and explosives.
“One of the many things the president took away from his tour of Latin America last week was the realization that he’s being paid remarkably less than other world leaders,” White House Press Secretary Josh Earnest told reporters during a briefing on Monday. “The president feels his current salary fails to adequately reflect the sacrifices he’s made for the American people.”
President Obama reportedly expressed disbelief over the size of La Casa Rosada, the luxurious executive residence of His Excellency Mauricio Marci, Argentina’s beloved president. “The estate was especially befitting of a leader who is both modest and fatherly to his people,” President Obama later told CNN’s Anderson Cooper.
However, the president admitted the extravagant Argentinian mansion paled in comparison to that of Cuban president Raul Castro. “The Cuban people have the utmost reverence for their leader; they view him in an almost omnipotent light,” Mr. Obama noted, adding that, in contrast, Americans often exhibit a “distinct lack of respect for authority.”
Were he permitted to serve a third term, President Obama said that he would dedicate a significant portion of his time in office to “educating the American public on the value of respect.”