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Most Expensive Presidential Inauguration

by jeremy on January 16, 2009 · 14042 commentshttp%3A%2F%2Fmost-expensive.net%2FinaugurationMost+Expensive+Presidential+Inauguration2009-01-16+06%3A24%3A07jeremyhttp%3A%2F%2Fmost-expensive.net%2F%3Fp%3D1404

Most Expensive Presidential Inauguration in US History - Barack Obama

You might have heard that the 2008 presidential election was the most expensive election season in the history of the United States. Surprise, surprise—it’s being followed up with the most expensive inauguration.

The ceremony, which President-elect Barack Obama has attempted to make as accessible as possible, is expected to attract 1.5 to 2 million attendees—around three to four times the normal population of Washington, DC. In response, the outgoing Bush administration has declared a state of emergency in the District of Columbia. That decision allowed the allocation of emergency funds to cover the costs of the influx of people flooding the capital.

The inauguration will be preceded on the 18th by a free concert featuring Bruce Springsteen, U2 and Beyoncé. On the 19th, Obama and Biden will celebrate Martin Luther King Day at various events around Washington. The ceremony proper will begin at 10:00 AM (EST) on the steps of the Capitol building and the first African-American President of the United States of America will be sworn in by noon.

All told, the event is expected to cost over $150 million—more than three times the cost of President Bush’s inauguration in 2005. Forty-nine million of that has been budgeted by the federal government. The rest will be paid for by donations, including $43 million raised by Obama for the ceremony.

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{ 2 comments… read them below or add one }

Joel January 19, 2009 at 4:27 pm

I voted for Obama, but not for this kind of inaugural stupidity. He claims to be all about change, but this is just more of the same wasteful spending and misguided priorities.

We have countless millions struggling in poverty, without adequate housing, food, or healthcare.

The inauguration should be quick, simple, private, and cheap, not just another excuse to party while those less-fortunate continue to suffer.

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third eye January 21, 2009 at 5:13 am

you better take a look at this site for the reason why Obama’s inauguration is the most expensive ever: http://mediamatters.org/columns/200901170003

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