speaking with reporters, Romney said he would likely follow the example he set while governor, when he declined his $135,000 annual salary. The president of the United States is paid $400,000 annually.

"I haven't really thought ahead that far," Romney said at first. "There are some questions I haven't forecasted, perhaps because that would seem presumptuous of me."

Then, he added: "I presume I would take the salary and then I would donate at least that amount - or more - to charity."

I wouldn't disqualify somebody by virtue of their financial wealth or their financial poverty," Romney said after ticking off his public service work. "I would instead look at their record, what they've done with their life and whether they can make a difference, whether the things they have learned will enable them to be an effective leader."