That is probably a conservative estimate.
Via IJR:
Obama administration travel and vacation documents were released yesterday by Judicial Watch, and they reveal an unprecedented level of executive branch leisure spending.
According to public information: “As of 2001, the president earns a $400,000 annual salary, along with a $50,000 annual expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment. The most recent raise in salary was approved by Congress and President Bill Clinton in 1999 and went into effect in 2001.”
Obtained via a Freedom of Information request, here are some of the Obama presidency’s spending items:
Since 2009, a total of $40,000,000 has been spent.
This year’s Presidential golf outings to California and Florida, including $3,000,000 in flight expenses.
2013′s Africa trip and Honolulu vacations for the Obamas cost $16,000,000- for flight expenses alone.
2013′s Ireland trip tab: $8,000,000.
Michelle Obama’s 2-day side trip to Dublin cost $250,000, including a $3,500 per-night suite.