Balanced approach: Inauguration committee expects huge drop in attendance, seeks to raise $50 million
President Obama told the press today that he likes a good party, and he’s getting a little lonely in the big old White House. If he can just be patient a little while longer, he’ll enjoy several hundred thousand visitors to his inauguration Jan. 21. That number is down sharply from 2009′s attendance figures, when 1.8 million witnessed Obama taking the oath.
That should save a buck or two, shouldn’t it? Still, the inaugural committee is hoping to raise $ 50 million to cover costs, which is comparable to the $ 53.2 million raised in 2009.
The Los Angeles Times is reporting that party planners are about $ 8 million short, despite the fact that the Inauguration Committee is accepting donations up to $ 1 million and this time around welcoming cash from corporations, although only 8 corporate donors have pledged money.
50 million dollars in donations for Obama's 2nd inauguration?! That would put over 550 students through 4 years of college—
Asraiya On Fire (@heartsinspyre) January 15, 2013
In '09, the federal government reimbursed the District of Columbia 44 million for the inauguration. Lets use that $ for something else…—
Steven Mena (@TheStevenMena) January 14, 2013
Outraged by $ 50+ million inaugural when hundreds of thousands of Veterans languish in VA hospitals. Give the money to them Mr. President!—
Enigma Books (@enigmabooks) January 15, 2013
President Obama should have a small simple inauguration not a 50 million dollar bash. Shame!—
(@MotherLodeBeth) January 14, 2013
if they need a million in donations for the inauguration.how about something smaller and put the money into things like fixing our country?—
Sammy Chon (@SammyChons) January 14, 2013
It is smaller. There will be only two official inaugural balls, compared to the 10 held in 2009. Beyonce, who in September co-hosted a $ 4 million fundraiser with husband Jay-Z, will sing the national anthem. Speaking of Jay and Bey, we wonder if they had any say in the party planning.