Obama's inauguration costs over $150million

[Tsoprano]

http://news.yahoo.com/s/ynews/ynews_pl204

Bush got shit for his costing 42.3 million.

[pavyracer]

This is good for economy.

[daggerkobe]

The question for the press then becomes: How much did the government spend on security for Bush's 2005 inauguration? How much did it cost for the wartime administration's unprecedented move to turn the nation's capital into something akin to an armed fortress, with snipers on rooftops, planes flying overhead, Humvee-mounted anti-aircraft missiles dotting the city, and manholes cemented shut?

Back in January 2005, that figure was impossible to come by. "U.S. Homeland Security Secretary Tom Ridge said last week that he was unable to estimate security costs for the inauguration," The Washington Times reported. The cross-town Washington Post also had no luck in 2005 finding out the cost of security: "[Government] spokesmen said they could not provide an estimate of what the inauguration will cost the federal government."

However, buried in a recent New York Times article published one week before the controversy erupted over the cost of Obama's inauguration, the newspaper reported that in 2005, "the federal government and the District of Columbia spent a combined $115.5 million, most of it for security, the swearing-in ceremony, cleanup and for a holiday for federal workers" [emphasis added].

You read that correctly. The federal government spent $115 million dollars for the 2005 inauguration. Keep in mind, that $115 million price tag was separate from the money Bush backers bundled to put on the inauguration festivities. For that, they raised $42 million. So the bottom line for Bush's 2005 inauguration, including the cost of security? That's right, $157 million.

Unless the Obama inauguration tab (including security) ends up costing $630 million, we can safely say it certainly won't cost four times what the Bush bash did in 2005. And unless the Obama inauguration tab (including security) runs to $257 million, we can safely say the event won't cost $100 million more than Bush's, as Fox & Friends claimed.

http://mediamatters.org/columns/200901170003

[pico]

black people know how to party

[Chi_archie]

black people know how to party

lol

unreal...lotta money

[ryanXL977]

thats like 15 minutes in iraq. whats 150 million anymore

[FreeFall]

seriously millions don't matter when were in debt by trillions. Hes got bigger debts to change than the 150 one at the start of his four year term.