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Inaugural to Cost Record $160M

Obama raising $45M in private funds to help pay massive bill

By Peter Fearon,  Newser Staff

Posted Jan 14, 2009 3:12 AM CST

(Newser) – By the time Barack and Michelle Obama dance the last waltz at the inaugural balls in the wee hours next Wednesday morning, the total tab for the inauguration will be close to a record $160 million, reports the New York Daily News. The president-elect is...   Read full story »

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