President and Michele Obama saw their income drop significantly in 2013, according to tax returns released by the White House Friday.
For 2013, the Obamas reported adjusted gross income of $481,098 - no pauper's salary, but a 21% drop from the $608,611 they reported in 2012.
With the smaller take home pay, their charitable contributions similarly shrank - from $150,034 in 2012 to $59,251 in 2013.
The big difference: book sales are down. The Obamas reported $273,739 income from publishers/agents in 2012, but only $116,180 in 2013.
Vice President Biden and wife Jill Biden also released their returns Friday, with adjusted gross income of $407,009, a small increase over the $385,072 they reported a year ago.
The Obamas paid $98,169 in total tax for 2013 but the Bidens paid more: $114,492 in total federal and state taxes because they pay state taxes in both Virginia and Delaware.