OANN: Obama earned $477,000 in 2014 as income continues to lower

WASHINGTON (Reuters) – President Barack Obama and his wife Michelle earned a gross income of $477,383 in 2014, according to the couple’s tax returns, released by the White House on Friday.

Their income is down from $503,183 in 2013 and $662,076 in 2014, in part due to a decline in sales of Obama’s biographies.

Obama’s annual presidential salary is $400,000.

(Reporting By Julia Edwards; Editing by Sandra Maler)

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