Vendaval -> RE: $150 million for inauguration (1/18/2009 3:18:43 PM)
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Thank you for a real-reasoned approach to the matter, dc. This is an event that will draw record crowds to Washington D.C. and the officials in charge have to be well-planned and well-prepared. The potential outcomes to poor planning would be more expensive and time consuming in the long run. Municipalities that host large events such as political conventions, major sporting competitions and the like gain revenue in terms of dollars spent but also spend a significant amount of money for traffic, safety, police and other support systems. From CNN - "All the parties: The Presidential Inaugural Committee, which is responsible for the events surrounding the actual ceremony, expects that its budget will run about $45 million, but could edge slightly higher, according to Linda Douglass, spokeswoman for the group. Among the events sponsored by the committee are Tuesday's inaugural parade and 10 official inaugural balls. It has also paid the Smithsonian Institution $700,000 for its museums to remain open longer and handle the crowds on Inauguration Day. But the $45 million comes completely from private donations, not the government. The organization is not accepting funds from corporations or lobbyists, said Douglass. In addition to private individual donors, who can give a maximum of $50,000, the committee has been raising money by selling merchandise." http://money.cnn.com/2009/01/16/news/economy/inauguration_costs/index.htm?section=money_topstories quote:
ORIGINAL: dcnovice A few thoughts: (a) I'm not sure a first inaugural and a second make for an apt comparison. Indeed, I'm not sure what the analogy for Obama's inaugural would be. You have a change of administration, change of party, and a genuinely historic moment (the first African-American President), not to mention a holiday weekend. So record crowds are expected. It might be more accurate, if possible, to look at per capita spending on various inaugurals. (b) The article notes that the amount earmarked by the federal government is actually $49 million--which, allowing for inflation and the swollen crowds etc., is pretty close to Bush's $42 million. The remaining money would be to help states and transit systems deal with what are expected to be record crowds. (c) Officials are in a no-win situation. If they spend the money they need to deal with the expected crowds, they're accused of waste. If they don't, and chaos results, they'll be accused of poor planning.
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