So they raised $107 million, and spent ~$100 million? Then praised themselves for being frugal? Obama spent ~45M in 2009, an event that was much larger, and better attended for comparison. Good lord.
They only spent ~$51M on actual inauguration expenses (but raised ~$107M).
“…the overwhelming majority of the funds went toward expenses related to the inauguration, with the biggest share — nearly $51 million — split roughly evenly between two companies.”
Which *still* insane – because as you mentioned Obama only spent ~$45M for a much, much larger inauguration (and accompanying events).
I read that as they paid $51 million to two “vendors” and spent the rest ~$49 million on inaugural expenses. They donated ~4.75 million and they have a few million left over.
(If this posts 6,000 times it’s only because I’m getting errors on submit and I’m impatient, not because my point is that important)
Thank you for the link, I was pretty sure I wasn’t hallucinating about that. (If only the POTUS could be chalked up to a mere hallucination?) The relevant section is pretty far down in the copy, for anyone looking.
Oh, interesting. I haven’t seen that. Got a link?
Can you find the video of the segment? Without verification, this is just hearsay.
Sorry, no big deal…maybe that was initially floated as a cover excuse. The NBC report is quite credible & makes total sense.