That’s Quite a Change, Alright.
$40-something million? How about $170 million:
The country is in the middle of the worst economic downturn since the Great Depression, which isn’t stopping rich donors and the government from spending $170 million, or more, on the inauguration of Barack Obama.
The actual swearing-in ceremony will cost $1.24 million, according to Carole Florman, spokeswoman for the Joint Congressional Committee on Inaugural Ceremonies.
It’s the security, parties and countless Porta-a-Potty rentals that really run up the bill.
The federal government estimates that it will spend roughly $49 million on the inaugural weekend. Washington, D.C., Virginia and Maryland have requested another $75 million from the federal government to help pay for their share of police, fire and medical services.
And then there is the party bill.
“We have a budget of roughly $45 million, maybe a little bit more,” said Linda Douglass, spokeswoman for the inaugural committee.
The rich among the do-good left can always come up with money for the important stuff:
“They are not the $20 and $50 donors who helped propel Obama through Election Day,” said Massie Ritsch, communications director for the Center for Responsive Politics. “These are people giving mostly $50,000 apiece. They tend to be corporate executives, celebrities, the elite of the elite.”