Author Robert Keith Gray writes in “Presidential Perks Gone Royal” that U.S. taxpayers spent $1.4 billion dollars on staffing, housing, flying and entertaining President Obama and his family last year. (British taxpayers spent $57.8 million on the entire royal family during the same period.) The amount of money spent on America’s first family has risen outrageously under the Obama administration and needs to be reined in! The author states that the $1.4 billion spent on the Obama family last year was the “total cost of the presidency,” factoring in the costs of “the biggest staff in history, at the highest wages ever, a 50 percent increase in the number of appointed czars, and an Air Force One flying with the frequency of a scheduled airline. This does not represent the salaries of his administration ...it represents only the money spent entirely on the president and his family to keep them in the lifestyle of the rich and famous, to which they have become accustomed.
$1.4 billion is equal to seven times Mitt Romney’s entire net worth. If Romney had to pay for Barack and Michelle’s lifestyle last year, he would have been bankrupted by the third week in February.