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May 30,2007
Romney likely to forego presidential pay
by UPI

DOVER, N.H. - Republican presidential candidate Mitt Romney says he'd likely donate his salary to charity if elected to the nation's No. 1 job.

The former Massachusetts governor could probably afford to not bank his paycheck of $400,000 a year if elected in 2008. After all, he's worth about a quarter-billion dollars as a result of the investment firm he founded, The Washington Post reported on its Web site.

"I haven't really thought ahead that far," Romney said Tuesday while in New Hampshire for an event. "There are some questions I haven't forecasted, perhaps because that would seem presumptuous of me. I presume I would take the salary and then I would donate at least that amount -- or more -- to charity."

As governor, Romney accepted a salary of $1 instead of the regular paycheck of $135,000 a year, according to spokesman Kevin Madden.

Copyright ©  2007, by United Press International. All Rights Reserved.

861 times read

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