WASHINGTON, D.C. - Barack and Michelle Obama have committed to donate all of the money they are slated to receive as part of their recent multimillion-dollar book and Netflix deals to combat wealth inequality in the nation, the celebrity politician couple announced Monday.

Obama told the press he wanted to make sure people didn't think he was using his experiences in public service for his own personal gain, but rather for the good of all, in order to remain consistent with his party's platform.

"We talk a big talk when it comes to wealth inequality in our nation, and it's time for us to start walking the walk," Obama said, speaking to reporters in front of his newly purchased $8.1-million home in an exclusive neighborhood in D.C. "That's why we'll be giving every dollar of our ridiculously profitable book and film deals to charities that help the less fortunate."

Obama also confirmed the millions of dollars he makes from speaking engagements with large Wall Street banks and other private sector firms will be donated to help the poorest of the poor in our nation. "It's time we redistribute the exorbitant fees these Wall Street scumbags gave me to the people they oppress the most."

"It's only the right, consistent thing to do," he added.

At publishing time, the Obamas had released a video in which they committed to allowing refugees and undocumented immigrants to stay in their new mansion.