1. News & Issues

Yes, the President Has to Pay Taxes, Too. Here's How Much

Tuesday April 15, 2014

President Barack Obama and First Lady Michelle ObamaPresident Barack Obama and First Lady Michelle Obama saw their combined adjusted gross income take a substantial hit in 2013, according to the couple's joint return made public by the White House this week. Their adjusted gross income fell by 21 percent or $127,513 to just $481,098 last year.

And that includes the $400,000 he earns as president.

But they still had to pay a pretty hefty tax bill.

Related Stories:


Following the Money Will Get a Little Easier in American Politics

Monday April 14, 2014

Here's some good news, at least when it comes to tracking the influence of money in politics, amid all the bad of late: The government is pressing forward with its mandate that all broadcast television stations begin posting the details of all political ad buys on the Web by July 1.



There's a Silver Lining to the Supreme Court Ruling in McCutcheon. Sort Of

Wednesday April 9, 2014

The U.S. Supreme Court is pictured here in 2010.We've talked before about the likely negative impact of the U.S. Supreme Court's decision striking down federal "aggregate limits" on how much individual donors can give in total to all candidates for federal office in a campaign cycle.

But is there an upside in the McCutcheon ruling? Some observers think so, and here's it is.

Related Stories:


Why Conservatives Still Can't Forgive David Letterman

Tuesday April 8, 2014

David LettermanLots of Late Show With David Letterman fans are in mourning this week and will be trying to score tickets before 2015, when the legendary host will call it quits after more than three decades on the air.

Conservatives? No, they're not all that upset by Letterman's retirement.

Related Stories:


Discuss in my forum

©2014 About.com. All rights reserved.