Unlike the celebrations surrounding his first swearing-in, President Obamaâ€™s inauguration committee has accepted money from unions as well as several corporations to help foot the bill for this yearâ€™s festivities, according to the latest list of inaugural contributors.
The 2013 Presidential Inaugural Committee updated a list of â€œbenefactorsâ€ on its website Friday night to include eight unions and several major corporations.
In 2009, inaugural planners banned corporate and union donations and still managed to raise $53 million â€” all from individual donors.
The money pays for some of the expensive extras for the swearing-in-ceremony such as Jumbotrons on the National Mall, as well as the childrenâ€™s concert, private brunches, two inaugural balls and the star-studded slate of performers including Alicia Keys, Katy Perry, Stevie Wonder and Marc Antony.
With many donors tapped out from the most expensive presidential campaign in history, this year organizers hope to amass $40 million to $50 million to pay for the festivities and have turned to businesses and unions â€” the very monied special interests Mr. Obama once eschewed on the campaign trail as too powerful â€” for help.
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