Obama family 'costs taxpayers $1.4BILLION per year' (that's 20 times more expensive than British Royal Family)

By Daily Mail Reporter

PUBLISHED: 00:26 EST, 29 September 2012 | UPDATED: 00:26 EST, 29 September 2012

Politicians looking for savings to deal with the national debt crisis should perhaps start by abolishing the President.

Barack Obama and his family cost the taxpayer $1.4billion per year, according to a recently published book.

By contrast, the British Royal Family costs less than $60million each year.

Two of the principal costs of the the Obama presidency - and any other presidency - are staffing and security, according to Robert Keith Gray's book Presidential Perks Gone Royal.

When it comes to keeping the First Family safe, few would dispute that it is worth paying a high price to keep the President safe from harm.

This means paying for hundreds of Secret Service agents, travel in the secure space of Air Force and funding a team of doctors to follow Mr Obama around.

But even this essential expense can be exploited to political ends, according to Mr Gray, a former staffer for Dwight Eisenhower, Richard Nixon, Ronald Reagan and George H.W. Bush.

When the President travels around the country on campaign, he is obliged to take Air Force One.

His party reimburses the taxpayer with the cost of a first-class air ticket per passenger - but this is far from the full cost to taxpayers.

It also provides a President running for re-election with a national transport network which is unavailable to his challenger.

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