Record £73m raised for inauguration day
A RECORD £73 million has been raised in private donations for Donald Trump’s inauguration.
The amount raised by Mr Trump’s Presidential Inaugural Committee is far more than that collected by President Barack Obama’s two inaugural committees.
They raised £45m in 2009 and £35m in 2013, and had some left over on the first occasion.
But while Mr Trump has raised more money for his inauguration than any president in history, he is aiming to do less with it.
Lead inaugural planner Tom Barrack said this week that the Trump team wants to avoid a “circuslike atmosphere” in favour of a more “back to work” mindset that surrounds Mr Trump “with the soft sensuality of the place”.
Mr Trump’s committee has declined to provide details on how it is aiming to spend its hefty sum.
Steve Kerrigan, chief executive for Mr Obama’s inaugural committee in 2013 and chief of staff in 2009, said the fundraising haul looks like overkill.
“I can’t imagine how they are going to spend that amount of money and why they would even keep raising money,” he said. “We planned the two largest inaugurations in the history of our country and we never spent anywhere near that.”
Mr Trump this week promised a “very, very elegant day” with “massive crowds”.
They will arrive to find a party that is not nearly as involved as Mr Obama’s.
The President-elect is holding three inaugural balls; Mr Obama had 10.
Mr Trump’s team also hopes to keep its parade to 90 minutes.