Former President Donald Trump has taken $65,600 in pension payments since leaving office, after donating at least $1.3 million of his presidential salary back to the government during his four years in office.
Business Insider received confirmation Monday from the General Services Administration that Trump was taking pension dollars.
He has $221,400 available to him in 2021, as ex-presidents are entitled pensions under the Former Presidents Act, with Trump’s pay equal to that of a cabinet secretary.
Former President Donald Trump, captured in New York City last week, is taking funds from his government pension, Business Insider first reported Monday
For 14 quarters, the White House announced where President Donald Trump was donating his salary dollars
Trump sometimes used salary donations to make political points, such as when he donated $100,000 to go toward monument restoration after last summer’s Black Lives Matter protests
WHERE DID TRUMP’S MONEY GO?
Q1: The National Park Service for battlefield updates
Q2: The Department of Education to send 30 girls to space camp
Q3: The Department of Health and Human Services for an opioid PSA campaign
Q4: The Department of Transportation for infrastructure improvements
Q1: The Veterans Administration for caregiver support
Q2: The Small Business Administration for training programs for veteran entrepreneurs
Q3: The National Institutes of Health’s National Institute on Alcohol Abuse and Alcoholism
Q4: The Department of Homeland Security
Q1: Department of Agriculture
Q2: Department of Health and Human Services’ Office of the Surgeon General
Q3: HHS Office of the Assistant Secretary of Health to be used for ‘the ongoing fight against the opioid crisis’
Q4: HHS Office of the Assistant Secretary of Health to ‘confront, contain, and combat #Coronavirus’
Q1: HHS to ‘develop new therapies for treating and preventing COVID-19 so that we can safely reopen’
Q2: The National Park Service to repair damaged monuments
The act was passed in 1958 in response to former President Harry Truman’s post-White House financial troubles.
The law allowed former presidents to ‘maintain the dignity’ of the office they once held.
Forbes estimates that Trump is worth $2.4 billion.
However, he’s lost money since becoming president, with Bloomberg’s Billionaire Index estimating Trump’s wealth fell by $700 million during his four years in Washington.
During Trump’s one term, the White House would make a to-do about where he was donating his salary each quarter.
For his first donation, he gave $78,333.32 to the National Park Service, which was to go toward improving historic battlefields, specifically the Newcomer House on the Antietam battlefield that needed new fencing.
His first check back to the government, from the first fiscal quarter of 2017, was under $100,000 likely due to a payout of taxes on his salary – and he started work on January 20 not the 1st.
Every other donation was for a full $100,000.
Trump sometimes used the donations to make a political point.
During the second quarter of 2020, Trump gave his $100,000 to the National Park Service to repair damaged monuments in the aftermath of the Black Lives Matter protests over George Floyd’s death.
As part of his re-election campaign, which leaned heavily on culture war issues, Trump slammed protesters for damaging monuments, while pushing to keep up Confederate statues and names on military bases.
‘I promised YOU I would not take a dime of salary as your President. I donate the entire $400,000! It is my honor to give $100,000 to @NatlParkService to help repair and restore our GREAT National Monuments.’
‘So important to our American History! Thank You!!’ he added.
He also gave two quarters of his salary to the Health and Human Services department to go toward combating the coronavirus.
It’s unclear if Trump donated his last two quarterly paychecks to any government entities.
Trump is also using federal dollars to keep some key staff employed.
Under the Presidential Transition Act Trump continues to pay advisers Stephen Miller and Dan Scavino, Business Insider also reported.
Documents also revealed expenses Trump billed back to the government, including printer toner, Comcast service, stamps, stationary and a mat for the ex-president’s office chair.
Trump has collected pension payments in the past, including $77,808 from the Screen Actors Guild and $8,724 from the American Federation of Television and Radio Artists in 2019, Hollywood Reporter said.
Trump started participating in the SAG pension plan in 1992, after he made a cameo in the movie ‘Home Alone 2: Lost in New York,’ Hollywood Reporter said.