Inaugural Committee Millions Short of Goal, Despite Pivot on Corporate Cash

Lack of enthusiasm, money trip up Obama's second victory lap.


In hopes of luring big checks, the committee has issued $1 million donation appeals and offered deluxe VIP packages named after Founding Fathers that include hard-to-get seats and tickets.

The diminished enthusisasm could be in part due to the nature of inaugural repeats.

"Second inaugurals are often a kind of victory lap speech in a lot of ways, that would go back to Thomas Jefferson in 1805," presidential historian Leo Ribuffo of George Washington University told the Washington Post. "Presidents are often reflecting on accomplishments of the administration and the challenges that will continue into the second term."

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