The White House Blog: The Vice President

  • President Obama and Vice President Biden’s 2011 Tax Returns

    Today, the President released his 2011 federal income and gift tax returns. He and the First Lady filed their income tax returns jointly and reported adjusted gross income of $789,674. About half of the first family’s income is the President’s salary; the other half is from sales proceeds of the President’s books. The Obamas paid $162,074 in total tax.

    The President and First Lady also reported donating $172,130 – or about 22% of their adjusted gross income – to 39 different charities. The largest reported gift to charity was a $117,130 contribution to the Fisher House Foundation. The President is donating the after-tax proceeds from his children’s book to Fisher House, a scholarship fund for children of fallen and disabled soldiers. 

    The President’s effective federal income tax rate is 20.5%. The President believes we must reform our tax system which is why he has proposed policies like the Buffett Rule that would ask the wealthiest Americans to pay their fair share while protecting families making under $250,000 from seeing their taxes go up. Under the President’s own tax proposals, including the expiration of the high-income tax cuts and limitations on the value of tax preferences for high-income households, he would pay more in taxes while ensuring we cut taxes for the middle class and those trying to get in it. 

    The President and First Lady also released their Illinois income tax return and reported paying $31,941 in state income tax.

    Download the Obamas’ tax returns

    The Vice President and Dr. Jill Biden also released their 2011 federal income tax returns, as well as state income tax returns for both Delaware and Virginia. The Bidens filed joint federal and combined Delaware income tax returns. Dr. Biden filed a separate non-resident tax return for the state of Virginia. Together, they reported adjusted gross income of $379,035. The Bidens paid $87,900 in total federal tax for 2011. They paid $13,843 in Delaware income tax and $3,614 in Virginia income tax. The Bidens contributed $5,540 to charity in 2011.

    Download the Bidens’ tax returns

    American taxpayers are able to go online and see exactly how their federal tax dollars are spent.  You can visit the taxpayer receipt and after entering a few pieces of information about your taxes, the taxpayer receipt will give you a breakdown of how your tax dollars are spent on priorities like education, veterans benefits, or health care. 

    View the President and First Lady’s tax receipt

    View the Vice President and Dr. Biden’s tax receipt


  • #AskVP: Vice President Biden Answers Your Questions on College Affordability

    In his first #AskVP chat on Twitter, Vice President Biden answered your questions about college affordability and discussed how the Obama Administration is tackling rising costs. To kick things off, the Vice President tweeted, "College costs high. Debt burdensome. Help needed. That's why I'm here. Fire away. Use #AskVP -vp." He responded to nearly twenty questions with the hashtag #AskVP and covered topics including student loan debt, rising college costs and the emphasis on higher education in the proposed budget. 

    Check out the full question and answer session below, or on Storify. Be sure to follow @VP on Twitter for the latest news from the Vice President's Office and upcoming chances to #AskVP. 

    Biden Twitter College Affordability

    Vice President Biden answers questions on college affordability during a Twitter chat using the hashtag #AskVP. April 3, 2012. (Official White House Photo by David Lienemann)

     


  • Investing in the Potential of the Next Generation

    Vice President Joe Biden and Secretary of Education Arne Duncan Speak on College Affordability

    Vice President Joe Biden holds an event on College affordability with Secretary of Education Arne Duncan at Maury High School in Norfolk, Virginia, April 3, 2012. (Official White House Photo by David Lienemann)

    Ed note: This post is updated with a correction to the number of children who would lose access to Head Start.

    Yesterday, the Vice President had a powerful message for the graduating seniors, parents, and teachers at Maury High School in Norfolk, Virginia – one that students across the country should hear and one that drives this Administration’s commitment to higher education. He told the Maury students:

    You are the most qualified generation in history. And we have an obligation. We have an obligation to equip you or at least give you the opportunity to go out and plumb that potential.

    For months now, Vice President Biden has been traveling around the country talking about the importance of college and the need to make it more affordable. But the graduating seniors and parents the Vice President spoke to and heard from yesterday know all too well that college isn’t as accessible as it used to be. And when college isn’t accessible, the potential of the next generation is at risk. As a result of rising tuitions and the tough economy, more and more families are facing difficult choices about how or even if they can finance a college education for their children.

    As the Vice President said yesterday, that’s why this Administration has consistently focused on making college more affordable and accessible for low-income and middle-class families. Since President Obama and Vice President Biden took office, this Administration has supported college affordability and access through multiple measures:

    • We increased the maximum Pell award from $4,731 in 2008 to $5,550 today. Nearly 10 million students go to college with the help of a Pell grant each year.
    • We made our education spending go further by ending subsidies for banks that act as middlemen for federal student loans.
    • We created a tax credit that provides up to $2,500 per year – that’s $10,000 over four years – to help students and their families pay for tuition, fees and books. An estimated 9.4 million families are expected to claim this tax credit for 2011.
    • We reformed the way students pay back their federal loans, so students will be able to cap their monthly payments at 10 percent of their discretionary income. This will help make sure that graduates aren’t forced to choose between paying for food or rent or their college loans. 


  • #AskVP Your Questions About College Affordability

    On Tuesday, April 3rd, Vice President Biden is traveling to Norfolk, VA to discuss how the Obama Administration is tackling rising college costs. Higher education can’t be a luxury – it’s an economic imperative for every family in America, so that our students and workers are prepared for the jobs of the 21st century.

    In the afternoon, the Vice President will answer questions about college affordability on Twitter. People from across the country can ask questions using the hashtag #AskVP and follow the chat live from the @VP Twitter account.

    Here's how you can participate:

    • Starting now, ask the Vice President about college affordability using the hashtag #AskVP
    • On Tuesday, April 3rd at 3:45 p.m. EDT the Vice President will answer some of your questions from the @VP account
    • Follow the whole chat live on Twitter live through the @VP handle
    • If you miss the live event, the full conversation will be posted on WhiteHouse.gov and on Storify

    We hope you can join us.

    VP Twitter Interview

    Vice President Biden participates in a Twitter interview at Albany Engineered Composites in Rochester, NH, Jan 26, 2012. January 26, 2012. (Official White House Photo by David Lienemann)

    Be sure to follow @VP on Twitter for the latest from the Vice President's office. If you missed the Vice President's first Twitter interview following the President's State of the Union Address, you can check out the full conversation here.


  • Vice President and Dr Biden Celebrate Women's History Month

    Vice President and Dr. Biden host a Women’s History Month reception

    Dr. Jill Biden gives remarks at a reception in honor of Women's History Month at the Naval Observatory on March 26, 2012. (Official White House Photo by David Lienemann)

    As Women’s History Month comes to a close, the Vice President and Dr. Biden hosted a reception last night in honor of Women’s History Month to celebrate the history, accomplishments, and contributions of women across the spectrum of American life, from academia and science, business and labor, philanthropy and advocacy, athletics and the arts, to the military and government. 

    Speaking to a distinguished crowd of women (and some men) who are at the pinnacle of their careers, the Vice President applauded their courage and achievements over the last few decades, saying “you’ve empowered entire generations” of women. He continued, “I’ve learned it from Jill, I learned it from my sister, and I’ve learned from the over thousand hours of hearings we held in the Violence Against Women Act that the single most important thing that empowers young women is powerful women – powerful women.” 

    Dr. Biden praised the guests for their "courage, strength and resilience." In addition, she paid special tribute to several members of the U.S. Marine Corps’ Female Engagement Team, known as the FETs, who attended the reception. These women volunteer to join otherwise all-male Marine patrols in Afghanistan, where they build relationships with Afghan women – a population mostly off-limits to male troops – learn about the country’s culture, and support our battlefield operations in Afghanistan. To highlight the incredible work of FETs, the Vice President and Dr. Biden also installed this photo exhibit of Female Engagement Teams at work in Afghanistan on the walls of the Naval Observatory.


  • President Obama meets with Irish Prime Minister Enda Kenny

    President Barack Obama meets with Taoiseach Enda Kenny of Ireland (March 20, 2012)

    President Barack Obama meets with Taoiseach Enda Kenny of Ireland in the Oval Office, March 20, 2012. (Official White House Photo by Pete Souza)

    Today, President Obama welcomed Enda Kenny, the Taoiseach of Ireland, to the White House. While both men have had the opportunity to engage in a bit of St. Patrick's Day revelry, there was plenty of serious business on the agenda for this morning's meeting.

    President Obama explained:

    We have had a terrific discussion about a wide range of issues. Obviously for both our countries, one of the biggest priorities is getting the economy moving in the right direction and putting our people back to work. And the Taoiseach described to me the steps that they've taken to try to stabilize the banking system there, to get control of their budget, and to be in position to grow in the future. 

    And it is important that both the people of Ireland and the American people understand the extraordinary benefits of trade, commerce, and investment between our two countries. We are, obviously, an extraordinary contributor to investment in Ireland, and that's something of great importance to the people of Ireland. Conversely, Irish businesses invest and employ huge numbers of Americans as well.

    Earlier, Vice President Biden hosted the Taoiseach for breakfast at the Naval Observatory, and all three leaders attended a St. Patrick’s Day lunch at the United States Capitol.

    Later tonight, President Obama and First Lady Michelle Obama will host a St. Patrick’s Day reception in the East Room. You can watch live at 7:00 PM ET.


  • Vice President Biden interviews with Telemundo, Univisión, and CNN en Español

    Vice President Biden interviewed with Telemundo, Univisión and CNN en Español this week after returning from a visit to Mexico and Honduras as part of the administration’s sustained, high-level engagement with the Americas. The Vice President’s visit comes in advance of the President’s participation in the Summit of the Americas this April in Colombia, which will focus on leveraging Hemispheric connections and partnerships to improve the lives of people throughout the region.

    In addition to discussing his visit, the Vice President talked about the DREAM Act, immigration reform, and what it meant to him to visit the Basilica of Our Lady of Guadalupe – one of the most visited Roman Catholic sites in the world and the most holy Roman Catholic site in Mexico.  

    Both Telemundo and Univision will air larger portions of the interview on their Sunday shows Enfoque and Al Punto so tune in, but here are clips of the interviews they have already run.

    Take a look at the Vice President’s comments to Jose Diaz Balart from Telmundo: On the DREAM Act| On his visit to the Basilica

    To see the Vice President’s interview with CNN en Español: Click Here

    For an excerpt of the Vice President’s comments to Maria Elena Salinas from Univisión: Click Here

    To read more about the Vice President’s trip to Mexico and Honduras Click Here, and for a blog post on his visit to the Basilica of Our Lady of Guadalupe Click Here. See a slideshow of the Vice President's triphere.

    And don’t forget to tune in on Sunday!

    Luis Miranda is White House Director of Hispanic Media


  • Talking American Manufacturing at Iowa State University

    Vice President Joe Biden and Secretary of Agriculture Tom Vilsack at Iowa State University

    Vice President Joe Biden and Secretary of Agriculture Tom Vilsack make remarks on American manufacturing and innovation at Iowa State University, Des Moines, Iowa, March 1, 2012. (Official White House Photo by David Lienemann)

    Last Friday, Vice President traveled to Ames, Iowa to talk about the importance of strengthening the American manufacturing sector at Iowa State University’s College of Engineering.  Speaking to hundreds of students and faculty, the Vice President argued that manufacturing jobs are coming back to the United States and talked about the reasons that manufacturing matters—not just to people who might one day work in manufacturing like the engineering students at Iowa State, but to the entire U.S. economy and to the American middle class

    The Vice President described how between America’s unique economic advantages and the rising costs of doing business in countries like China, more and more companies are choosing to bring jobs back to the America. 

    He also emphasized that our skilled workers and engineers—like those trained at Iowa State and other leading American universities—are one of our greatest economic assets. The unique environment at America’s research universities equips students not only with strong technical skills, but with an unmatched capacity for innovation.  

    “Here at Iowa State and every university in America,” the Vice President said, “you understand that change only comes through challenging orthodoxy, challenging the established norm, challenging the system that you’re working on ...  And that’s the environment where the next generation of great ideas is going to come from.” 


  • Vice President Biden Travels to Mexico and Honduras

    Vice President Joe Biden Greets Mexican President Felipe Calderon

    Vice President Joe Biden greets Mexican President Felipe Calderon at Los Pinos in Mexico City, Mexico, March 5, 2012. (Official White House Photo by David Lienemann)

    This week, Vice President Biden traveled to Mexico and Honduras as part of the administration’s sustained, high-level engagement with the Americas. The Vice President’s visit comes in advance of the President’s participation in the Summit of the Americas this April in Colombia, which will focus on leveraging Hemispheric connections and partnerships to improve the lives of people throughout the region.

    On Monday, Vice President Biden met with President Calderon at Los Pinos, the Presidential Palace in Mexico City. On the agenda was the close U.S.-Mexico partnership including a wide range of economic and security issues related to a shared border that sees more than a million legal crossings and more than $1 billion in trade every day.

    While in Mexico City, Vice President Biden also met with presidential candidates from the country’s three major political parties – Andrés Manuel López Obrador of the Party of the Democratic Revolution, Enrique Peña Nieto, of the Institutional Revolutionary Party and Josefina Vázquez Mota of the National Action Party. He learned about each candidate’s vision for Mexico, as well as the future of the U.S.-Mexico relationship, but also expressed that he and President Obama look forward to working with whomever the people of Mexico elect.


  • Vice President Biden Visits the Basilica of Our Lady of Guadalupe in Mexico City

    Vice President Biden with Clergy at the Basilica of Our Lady Guadalupe in Mexico City

    Vice President Joe Biden with clergy during his visit to the Basilica of Our Lady of Guadalupe, in Mexico City, Mexico, March 5, 2012. (Official White House Photo by David Lienemann)

    Capping his day of official activities in Mexico City yesterday, Vice President Biden visited the Basilica of Our Lady of Guadalupe – one of the most visited Roman Catholic sites in the world and the most holy Roman Catholic site in Mexico.  

    After touring and saying a prayer at the shrine of the Virgin of Guadalupe, the Vice President crossed the Basilica square to visit the Antigua Parrogquia de Los Indios (Old Church of the Indians). Calling the site a “great treasure,” Vice President Biden remarked that he would have come to Mexico City if only just to see the Basilica.

    Vice President Biden Visits the Basilica of Our Lady Guadalupe in Mexico City

    Vice President Joe Biden visits the Basilica of Our Lady of Guadalupe, in Mexico City, Mexico, March 5, 2012. (Official White House Photo by David Lienemann)