November 30, 2008
Posted: November 30th, 2008 10:48 AM ET
Inauguration preparations at the Capitol began before the Thanksgiving holiday.
(CNN) - Millions of people are expected to go to Washington to celebrate Barack Obama's inauguration on January 20, but with a troubled economy and pocketbook issues on the mind, the president-elect must be careful to set the right tone. President Bush raised a record $42.8 million dollars for his second inauguration, and according to Public Citizen, more than 90 percent of the donations to that ceremony were from executives or corporations. But this year, some say throwing a multimillion-dollar party would be unseemly in a time when crash, bailout, and foreclosure fill the economic headlines. "A lot of it is about tone and making sure that the celebrations that do take place are not over the top, that they don't appear to be insensitive to the pain people have right now," said Ryan Alexander, president of Taxpayers for Common Sense. The inaugural committee for Obama and Vice President-elect Joe Biden has pledged to make sure the ceremony underscores the incoming administration's "commitment to change business as usual in Washington." The Presidential Inaugural Committee has limited individual contributions to $50,000. There is no law restricting the size of donations, but in the past, inaugural committees have set contribution limits as high as $250,000. Filed under: Barack Obama Inauguration
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