At 160 m dollars, Obama's inauguration to be the most expensive ever.Byline: ANI Washington, Jan.14 (ANI): Barack Obama will take less than a minute to recite the oath of office to certify his taking over as the 44th President of the United States. What many won't know is that this landmark event is going to cost the US Tresury a record 160 million dollars. Obama's inaugural committee is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of raising roughly 45 million dollars in private funds, exceeding the 42.3 million dollars President Bush spent in 2005. In 1993, Clinton spent 33 million dollars when Democrats returned to the White House for the first time in 12 years. As in previous years, the costs borne by the taxpayers, for security and emergency medical services An Emergency medical service (abbreviated to initialism "EMS" in many countries) is a service providing out-of-hospital acute care and transport to definitive care, to patients with illnesses and injuries which the patient believes constitutes a medical emergency. , far surpasses the privately funded events. According to CBS, the federal government has budgeted 49 million dollars for this year's inauguration, more than triple what taxpayers spent at Bush's first inauguration in 2001, according to the Office of Management and Budget The Office of Management and Budget (OMB), formerly the Bureau of the Budget, is an agency of the federal government that evaluates, formulates, and coordinates management procedures and program objectives within and among departments and agencies of the Executive Branch. . Earlier this year, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Virginia, Maryland and the Washington transit authority sent a request to federal lawmakers for more than 75 million dollars to cover a variety of inaugural costs ranging from security to transportation. Carole Florman, spokeswoman for the Joint Congressional Committee on Inaugural Ceremonies, which oversees the events at the Capitol, said this year's budget of 1.24 million dollars is 10,000 dollars less than 2005. Linda Douglass, a spokeswoman for the Obama's inaugural committee, said the committee's expenses will be greater than previous years because of Obama's commitment to make the event as open and accessible as possible to the public. She ticked off a slew of expenses, most notably the decision to open up the entire length of the National Mall and provide video and audio access to the swearing-in ceremony on JumboTrons. The committee is also sponsoring a children's concert and is allocating 700,000 dollars to the Smithsonian Institution for extended museum hours. At least two million people are expected at the swearing-in and parade next Tuesday. Officials estimate 10,000 charters buses will arrive in Washington with roughly 500,000 riders alone. (ANI) Copyright 2008 Asian News International The Asian News International (ANI) agency provides multimedia news to China and 50 bureaus in India. It covers virtually all of South Asia since its foundation and presently claims, on its official website, to be the leading South Asia-wide news agency. (ANI) - All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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