Posted by Eugene Volokh:
Why Isn't Vice-President-Elect Biden Affected by the Emoluments Clause?
http://volokh.com/archives/archive_2008_12_07-2008_12_13.shtml#1228757349


   Several people have asked: Why isn't Vice-President-Elect Joe Biden
   presumptively barred from the Vice-Presidency by the Emoluments Clause
   (which we discussed in connection with [1]Hillary Clinton's nomination
   to be Secretary of State)? Apparently the Vice-President's salary was
   raised during the term for which Senator Biden was elected (I haven't
   independently confirmed that is so, but I will assume it for purposes
   of this post). Would that mean that he can't hold that job, at least
   unless a [2]Saxbe Fix temporarily lowers the salary to its earlier
   level?

   No, because the Emoluments Clause says, "No Senator or Representative
   shall, during the Time for which he was elected, be appointed to any
   civil Office under the Authority of the United States, which shall
   have been created, or the Emoluments whereof shall have been encreased
   during such time" (emphasis added). Senator Biden is not being
   appointed, but has rather been elected (or, if you prefer, will almost
   certainly be voted into as office as Vice-President on Dec. 15 by the
   Electors); this is also reflected by the constitutional title -- used
   in the Twentieth Amendment -- of "Vice President elect." The
   Emoluments Clause applies only to appointed officers, just as does the
   Appointments Clause. ("[The President] shall nominate, and by and with
   the Advice and Consent of the Senate, shall appoint Ambassadors, other
   public Ministers and Consuls, Judges of the supreme Court, and all
   other Officers of the United States, whose Appointments are not herein
   otherwise provided for, and which shall be established by Law: but the
   Congress may by Law vest the Appointment of such inferior Officers, as
   they think proper, in the President alone, in the Courts of Law, or in
   the Heads of Departments.")

   There's also something of a [3]debate about whether the Presidency and
   the Vice-Presidency are considered "Office[s]" for the purpose of
   various constitutional clauses. But I need not engage that debate
   here, because the limitation to "appointed" offices settles the matter
   (though the debate might become relevant for a Vice-President who is
   nominated by the President and confirmed by the Senate pursuant to the
   Twenty-Fifth Amendment, in the event the elected Vice-President dies,
   resigns, is impeached, or becomes President).

References

   1. http://volokh.com/posts/chain_1227548910.shtml
   2. http://volokh.com/posts/chain_1227548910.shtml
   3. http://www.pennumbra.com/debates/debate.php?did=19

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