Obama Inaugural Took in Far Less Than Four Years Ago

President Obama’s inaugural committee “raised a little more than $43 million to put on the official festivities. That was $10 million less than the amount raised in 2009 for Obama’s first inauguration,” the Chicago Tribune reports.

“The smaller haul came despite the fact that — in a reversal from 2009 — this year’s inaugural committee accepted corporate donations, a decision that drew sharp criticism from campaign finance reform advocates. The 2013 committee also took individual donations of more than $50,000, unlike four years ago, and did not disclose the amount given by contributors until the report was filed with the Federal Election Commission on Saturday, three months after the event.”