Obama's inaugural raised $43 million

April 22, 2013 @ 9:19 am

WASHINGTON (AP) - President Barack Obama's inaugural committee raised more than $43 million for his second inauguration, with corporations chipping in a major portion.

Reports filed with the Federal Election Commission show the committee fell about $7 million short of its $50 million fundraising goal.

For his first inauguration, Obama raised $53 million in private money, turning away corporations and individual contributions exceeding $50,000. This time, Obama reversed that policy.

The biggest sum came from AT&T Inc., who gave $4.6 million. Microsoft Corp. donated $2.1 million. Boeing Co. and Chevron Corp. gave a million each.

The largest individual donation of $500,000 came from Timothy Gill, a technology entrepreneur and gay rights activist.

The government pays for official activities like the swearing-in, but donations fund the inaugural balls and other celebrations.


(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
More National News
Top Stories

  • Our Dirty Wars
    Director and investigator Jeremy Scahill is at SIFF talking about a myth surrounding Obama

  • Dollars Per Student
    Washington spending per student is below the national average

  • Coming Together
    If you came home to nothing but the concrete slab - what would you do?
MyNorthwest.com - Purpose of Comments statement
Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.

Comments (24)


  • Add A Comment

  • It's me! Ha ha! wrote...
    Four more years of this &^*^/!
    January 20, 2013 10:59 pm
    is how many more generations of Americans that will be paying for your regime and it's out of control Obamunist spending?

    Remember Parrots you made this happen. You Parrots did exactly what you were programmed to do and gave us four more years of your Dear Leader Obama!

    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • C"mon Man wrote...
    Low information voters meet at Kool-aid stand
    January 20, 2013 11:16 pm
    I suggest you read dreams of my father, and do a little research on Sal Alwinsky. His mentor.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • cigarfan wrote...
    @C'mon man
    January 21, 2013 10:06 am
    ok, I have read SAUL ALINSKY....apparently you haven't...but what follows from reading Alinsky and Obama? Instead of inferring something weird, just come to the point.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    Four more years of this &^*^/! -
    January 21, 2013 4:04 am
    then eight more years of &^*^/! Your party of fools are gone moron!! 2014 We Americans will own the House!! Go put some more wax on your pole fire girl!! This the black man's day go kiss one!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    CH calling someone a moron? -
    January 21, 2013 9:42 am
    just add your name to the list. You make it to easy for me!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • TwoTrees wrote...
    "We must make the hard choices to reduce the cost of health care and the size of our deficit,..."
    January 21, 2013 9:50 am
    "That is why, next week, I will refuse to negotiate with Republicans and demand that we raise the debt ceiling, thereby increasing our deficit. Because, as everyone knows, you've got to spend to save."
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Fuego wrote...
    The best thing you can do
    January 21, 2013 10:12 am
    for the poor is don't join them.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HPD 5-0 wrote...
    Hey, Barry...
    January 21, 2013 10:25 am
    you forgot "the children". It's all "for the children"....
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • HLC wrote...
    Hey cigarfan.
    January 21, 2013 11:59 am
    If you had read those books you would realize they are communists with out the balls to stand up and say so. I'm sure you totally agree with what they write.
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • CH wrote...
    It's all "for the children".... -
    January 21, 2013 2:30 pm
    we shall make you the poster girl zero-zero!!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • Rangerhawk wrote...
    From Hope to "We sure Hope"
    January 21, 2013 6:14 pm
    We sure hope he can fix this mess he inherited!
    { "Thumbs Up":"1","Thumbs Down":"-1" }
  • { "Thumbs Up":"1","Thumbs Down":"-1" }