I know, historic event. Lots of people. Requires lots of other things. The tax payer’s bill is $49 million if I am reading this right.
“Obama’s Inauguration Has Been Financed Partially by Bailed-Out Wall Street Executives…”
Oh well! Atleast the money is going to a good cause!
From ABC News:
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 .
Employees at banks, brokerages and Wall Street firms donated $7 million Barack Obama’s inauguration.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.
