Obama Hosting Pricey Party in Hard Times
WASHINGTON - Unemployment is up. The stock market is down. Let's party.
The price tag for President-elect Barack Obama's inauguration gala is expected to break records, with some estimates reaching as high as $150 million. Despite the bleak economy, however, Democrats who called on President George W. Bush to be frugal four years ago are issuing no such demands now that an inaugural weekend of rock concerts and star-studded parties has begun.
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