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Early life and career of Barack Obama. Barack Obama, the 44th president of the United States, was born on August 4, 1961, in Honolulu, Hawaii [1] to Barack Obama, Sr. (1936–1982) (born in Oriang' Kogelo of Rachuonyo North District, [2] Kenya) and Stanley Ann Dunham, known as Ann (1942–1995) (born in Wichita, Kansas, United States).
Former President Barack Obama Barack Obama earned $400,000 a year as president, up from the $157,000 per year he earned as a U.S. Senator before becoming president.
Obama earned a salary of $80,287 from the Illinois Senate and $32,144 from the University of Chicago Law School, where he lectured. Obama also had investments in three different assets ...
Since each employer calculates the social security taxes independently, each employer will withhold 6.2% of the $70,000 employee’s salary, or $4,340, for a grand total of $8,680 -- which exceeds the cap of $7,886.40 by $739.60.
Social Security has an income "cap" beyond which the payroll tax is not collected; in 2015 and 2016, the cap was $118,500. Obama opposed Bush's proposal for privatization of Social Security. Lobbying and campaign finance reform. Obama has spoken out numerous times against the influence of lobbying in the United States.
The United States Senate career of Barack Obama began on January 3, 2005, and ended on November 16, 2008. [1] A member of the Democratic Party from the state of Illinois, Obama previously served three terms in the Illinois Senate from 1997 to 2005. He resigned his seat in the U.S. Senate upon being elected President of the United States .
In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both.
Salary Per diem/annum Auto COLA adj. In 2023 dollars (when instituted) In 2023 dollars (year prior to next increase) 1789: $6: per diem: $147: $118 1795: $7: per diem: $121: $228 1855: $3,000: per annum: $94,221: $56,132 1865: $5,000: per annum: $95,587: $115,711 1871: $7,500: per annum: $183,208: $183,208 1874: $5,000: per annum: $129,324 ...
If the agency does not have a certified system, the maximum pay is set at Level III of the Executive Schedule ($187,300 for 2022). [9] Total aggregate pay is limited to the salary of the Vice President of the United States ($261,400 for 2022). Prior to 2004, the SES used a six-level system.
Barack Obama 's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017. Obama, a Democrat from Illinois, took office following his victory over Republican nominee John McCain in the 2008 presidential election. Four years later, in the 2012 presidential election, he ...