ceremony soars to £110m
By Paul Thompson (London Daily Mail online)
Last updated at 5:28 PM on 14th January 2009
'State of emergency': Hundreds of thousands of people are expected to Obama's £100m inauguration
Barack Obama's inauguration is set to cost more than £100m making it the most expensive swearing-in ceremony in US history.
The President-elect will take less than a minute to recite the oath of office in front of an estimated two million people in the US capital next week.
But by the time the final dance has been held at one of the many inaugural balls the costs for the day will be a staggering £110m.
The cost was revealed as Mr Obama scrambled to answer questions about the nomination of Treasury Secretary pick Timothy Geithner.
Geithner - the president of the New York Federal Reserve Bank whose selection by Obama as Treasury chief in November - is facing questions about an 'illegal' housekeeper whose work papers lapsed while she was employed by his family, and about several years when Geithner did not pay £35,000 of Social Security and Medicare taxes for himself.
Obama's White House spokesman, Robert Gibbs, said in a statement that Geithner had committed honest mistakes that he quickly addressed upon learning of them.
'He made a common mistake on his taxes, and was unaware that his part-time housekeeper's work authorization expired for the last three months of her employment.
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'We hope that the Senate will confirm him with strong bipartisan support so that he can begin the important work of the country,' Gibbs said.
As the Obama team went into damage control over Geither, President Bush declared a state of emergency in Washington - because so many people were expected to attend the inauguration.
The Obamamobile: The first official photograph of Obama's new armoured limo, which he will ride in for part of the swearing-in parade, and which can withstand rocket and chemical attacks
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The Capitol building in Washington during a clean-up operation for the Inauguration Ceremony
In doing so he paved the way for unlimited funding to be released to those local authorities responsible for staging the event.
A president mostly uses the power to declare a state of emergency during a crisis, such as a hurricane or other natural disaster.
The bulk of the cost for the event will be on security with more than 10,000 police and troops forming a ring of steel around Washington DC.
Obama has managed to raise £30m towards the cost of the event with a host of Hollywood stars, including Sharon Stone and Halle Berry, contributing the maximum amount of £33,000.
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Army Honor Guard members march as they rehearse at the Capitol in a rehearsal last Sunday
An invitation for the Inauguration of Barack Obama
His money will fund many of the extravagant balls and also for giant TV screens to be placed along The Mall to allow visitors to witness the historic moment when America swears in its first black president.
A spokesman for Obama said they wanted as many people as possible to be able to witness the event.
But it will be the US taxpayer who picks up the main part of the bill to cover security and transport costs.
Officials in Washington DC and neighbouring states have sent a request to Congress for £50m to cover a variety of inaugural costs.
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The Presidential route: The rehearsal for the inauguration ceremony saw two stand-ins for the President-elect and the First Lady-in-waiting
Washington Mayor Adrian Fenty revealed that is amount that will be billed in the days after the January 20th event. US authorities had previously budgeted just £10m for the day based on previous inaugurations for George Bush and Bill Clinton.
A White House spokesman said President Bush had willingly approved the extra money.
He said President Bush 'declared an emergency exists in the District of Columbia' linked to the inauguration.
More than 2million spectators are expected, and thousands of seats are currently being set up along the parade route
It said the city would get federal money for protective measures 'undertaken to save lives and protect public health and safety.'
At least two million people are expected at the swearing-in and parade next Tuesday when Obama will be seen in his new official limousine, dubbed the 'Obamamobile'.
Officials estimate 10,000 charters buses will arrive in Washington with roughly 500,000 passengers.
All bridges leading into Washington are being closed and cars banned from a two mile area where Obama will stand on the steps of the US Capitol building to take the oath of office.
Visitors have been told to use public transport and be in their place at least three hours before the service begins.
U.S. intelligence services said such a high profile event would be perfect for a terrorist attack, but they have no specific intelligence that anything has been planned.
Obama will use the same Bible used by Abraham Lincoln during the swearing in ceremony.
Autograph
Considering the dire state of our economy, do you think there would be some concern about appearances? Apparently not, not with regards to the MSM here in the good old U.S.A, no finger wagging, no clucking of tongues, No comparison to Marie Antoinette's, famous quote "let them eat cake"
1Wow. So Obama has raised $30 million toward the cost of the inauguration, leaving well over $100 million owed. Add to that the trillions of dollars Obama wants for his stimulus package and the money it will take to fulfill his campaign promises. Where will all that money come from? How is all of this going to be paid for without raising taxes?
It upsets me that, as you said Grandpa, in this economy anyone would think that the price tag for the inauguration is acceptable.
2Shouldn't he use allllll that extra campaigning money to pay for this. I also read that if you attend the ceremony you can not attend the parade and visa versa. "A president mostly uses the power to declare a state of emergency during a crisis", Um is this where I am not allowed to say anything negative?
3***************
"Enjoy life, it's ungrateful not to." - Ronald Reagan
Has anyone posted about the performers yet? I guess Beyonce, Bono, and many, MANY more are going to be there.
4Maybe Obama thinks he is helping stimulate the economy by spending so much on his party?
5Beyonce, Mary J. Blige, Bono, Garth Brooks, Sheryl Crow, Jamie Foxx, Josh Groban, Herbie Hancock, Martin Luther King III, John Legend, Jennifer Nettles, John Mellencamp, Queen Latifah, Shakira, Bruce Springsteen, James Taylor, Denzel Washington, will.i.am, and Stevie Wonder.
6And my husband said he heard Sting
7AND Miley Cyrus is performing on the "eve" of it all..
8it's MILEY! it's MILEY!
(haha the soup!)
9The fact that people can't see something is inherently wrong with this is WRONG
10Compare this with the cost of Bush's 2nd inauguration:
11http://news.bbc.co.uk/2/hi/americas/4187023.stm
Redegg but you are talking of the Messiah. There are no limits for him. You should know better then to question any thing HE does.
12HE's special.
In the ride the short bus kind of way.
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"Enjoy life, it's ungrateful not to." - Ronald Reagan
13But it's the immaculate inauguration!!
14Just out of warped curiosity.......If HE is the Messiah does that make Michelle the Virgin Militant?
15***************
"Enjoy life, it's ungrateful not to." - Ronald Reagan
I just can't believe that it is going to be so expensive and the taxpayers are going to be footing the majority of the bill. Bush's inauguration 4 yrs. ago at 40 million was the most expensive ever and people complained about it because the war was going on. Now it's 160 million, meanwhile the country is in the middle of an economic meltdown? How is that smart?
I think the pres-elect is entitled to have a nice, even lavish inaguration up to a point. But 160 million? Cripes. This is like when AIG got it's bailout money and then spent it on fancy trips for the CEO's.
16Sweetie this is just an example of him being aaaaaalllll show and imitating the Clintons.
17He is showing he is out of touch. This economy means do it low key. Living in your own ego driven world means spend as much as you can and then some.
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"Enjoy life, it's ungrateful not to." - Ronald Reagan
It's a shame he missed an opportunity to make it a truly historic event. By putting his ego aside and his foot down, and saying no, we don't need this lavish display of celebration, it's unnecessary. What's even more frustrating is how his supporters thinks he deserves this.
18This is probably a stupid question, but I will ask it anyways- most of these stars are performing for free, right?
19Free, but only with the bonus of a tingly feeling up their legs.
20Free, but I will bet you "all expenses" will be paid. You know what that means.
21I have an idea, why don't we all write letters to the editor of our local papers, pointing out the hypocrisy, and complain about Obama's apparent total disregard to those of us who were hurt economically, and that 100 million of those dollars should have gone to help the unemployed, and Obama would still have spent 1/3 more on his inauguration, then Bush did on his.
22They will work for a tax deduction (i wonder what they get an hour) since they are all soooooooo rich they will have to compensate for their hero's tax increase
23Um, Dad this is the same press that's still high on Kool-aid.
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"Enjoy life, it's ungrateful not to." - Ronald Reagan
I know Sam, the fun part would be to see if anyone got their letter published.
24You have a masochistic streak - don't you?!
25***************
"Enjoy life, it's ungrateful not to." - Ronald Reagan
More like "Hope Springs Eternal", Sam
26I am watching the news with the US Air flight and how they all survived - Hope does Spring Eternal!!!!
27***************
"Enjoy life, it's ungrateful not to." - Ronald Reagan
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