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Date Posted: 13:00:17 04/12/12 Thu
Author: john k
Subject: Obama on Why Michelle Was a Working Mom...

It only gets better from here.

'We Didn't Have the Luxury for Her Not to Work’

In 2005, when Obama began serving in the U.S. Senate (and his daughters turned 4 and 7), he and his wife were earning a combined annual income of $479,062. Barack Obama was paid a salary of $162,100 by the U.S. taxpayers, and Michelle Obama was paid $316,962 to handle community affairs for the University of Chicago Medical Center.

Despite this flexibility in her job, Michelle Obama was well-compensated, earning $121,910 in 2004 and--as the Chicago Tribune would report in a Sept. 27, 2006 story--getting a raise to $316,962 the next year.

“Michelle Obama was promoted to vice president for external affairs in March 2005, two months after her husband took office in the Senate,” the Tribune reported. “According to a tax return released by the senator this week, the promotion nearly tripled her income from the hospitals from $121,910 in 2004 to $316,962 in 2005.”

As president, Barack Obama is paid $400,000—or $79,062 less than the combined income he and Mrs. Obama earned in 2005
http://cnsnews.com/news/article/obama-why-michelle-was-working-mom-316k-year-we-didnt-have-luxury-her-not-work

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