[Music] well hey you guys so the election it's coming up and one thing that I always find fascinating is that when I can see numbers like when it comes to finances behind the scenes and politics I always find that fascinating and listen I kind of like to poke fun at all sides of the political Spectrum let's face it Democrats and Republicans both have struggled to make smart finan cial decisions throughout history so today I thought it would be fun to share some of the wild money facts from Washington by the way you have to stick around and let me know which White House salary shocked you the most and if you enjoy this kind of content make sure to hit the Subscribe button so you can get every new episode all right let's go to the white house renovation budget uhhuh every president gets to make changes in renovations when they move in so Trump spent approximately $1.75 million on his Rena Obama was about 1.5 million but Truman holds the record for are you ready for this for today's dollars it would have been $1 million that crazy and not all of the budget goes towards private living quarters for the president his family some of this is updated you know when it comes to corporate Wings where staffers work and that kind of thing so overall when they look at the Renault budget I mean fascinating and how fun right just to get a couple Mills we have to go renovate some stuff sure why not all right let's look at the government's officials salary and this is of January of 2024 where these Stats come from okay so the president makes $400,000 a year and what's interesting is that has been the same salary for over 20 years the vice presidents makes $235,000 not bad but you know who makes more than the vice president the Chief Justice of the Supreme Court they make $312,000 and the vice president's salary was under a pay freeze since 2014 but was increased by Congress this year now all of that is adjusted annually as the ceiling on salaries of certain federal employees you know continued to rise so very interesting now when you think about traveling Air Force 1 comes to mind so what's interesting is in 2020 the flight costs of that year for Air Force 1 was $176,300 and according to this article that included the fuel flight food and drinks and aircraft and engine overhaul so what's considered quote unquote official Duty for the president to represent the United States in global relations by traveling abroad and other than Trump every president since Reagan has spent at least 100 days on official visits abroad and Clinton holds the record for more than2 200 days on official Duty abroad so of course when the president goes Air Force One goes and it costs money but when you look at Air Force One and they're traveling abroad those are the costs which I'll be honest you $176,000 was less than what I would have guessed if I was a betting gal but I mean hey let's let's budget our way to Freedom so that's great all right let's look at some campaign costs when it comes into these elections in 2020 almost 14 billion ion dollars was spent on federal election campaigns and this is more than double than what was spent in 2016 making 2020 the most expensive campaign in US history now all campaign costs including for positions in the house and the Senate have risen consistently since 1990 and recent studies are showing that that is a growing concern among majority of Americans so again most of us are looking at campaign costs and we're like holy crap it's a lot of money all right let's look at the staff when it comes around the president and Washington DC and their salaries so Secret Service is paid between $53,000 and $142,000 depending on your experience the first ladyes social media manager makes approximately $113,000 all right that's pretty fun and the White House sign language interpreter makes about $109,000 a year and the white house director of gifts makes about $71,000 a year I mean y'all this it's so funny all of the different positions I do love reading about like DC or how the white houses run the East Wing The West Wing all of it but you do see how much staff goes into the president and his life I mean it's just wild all right let's look at the numbers in Washington around the debt boo so here we go Biden increased the debt by $4.7 trillion Trump increased the debt by $8.2 trillion which was an increase of about 40% Abraham Lincoln's presidency saw the largest increase of national debt with about 2,859 per of an increase it's a lot y'all so yeah the national debt it's on the rise and every president seems to be dipping more and more into it and listen you guys here's one things that is for sure is that everyone especially Congress needs a budget right being in control of our money is so key even to our country now for you what that means for you is that your income is being planned out and that is so so key so if you have not checked out every dollar this is our budgeting app make sure to click the link below and get started for free because I think everyone even in DC should be doing every dollar getting in the habit of budgeting is so good all right if you enjoyed this content you should definitely check out my episode where I'm reacting to an NFL players paycheck that's next and share this episode with a friend who loves a good political money stat all right you guys remember to take control of your money and create a life you love
