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Obama OKs Corporate $$ for Inaugural

In the history of the United States the most expensive movement, President Obama give up his objection to the principle of some form of political fundraising, in order to help pay for the selected square.
ABC reporter learned that, in the presidential inauguration committee will bear unlimited company donations to help fund Obama's inauguration celebration next month, turn the voluntary ban to the collection of money, in his inaugural four years ago, in 2012 the democratic national convention.
Sources said Obama will also allow individuals with the highest legal for the 2013 inauguration ceremony - $250000 - increases the $50000 limit, he volunteered in 2008 implementation.
Appear this kind of change will promote a billions of dollars in the activities of the fundraising challenge. Barack Obama and republican candidate mitt romney election cycle - the highest level - based on Thursday the United States, the federal election commission is put forward that the documents submitted by the north for 10 billion dollars.
In 2009, President Obama's inauguration cost 47 million dollars.
Officials say, 2013 celebration cost consideration, will mean not too complicated events than four years ago. There won't be a star-studded concert in the National big lawn (National Mall), for example, there will be less inauguration ball.
The committee, a spokeswoman said that Obama will still don't accept lobbyists or political action committee donations, or allow any individual or company official sponsor in specific activities, such as parade.
"Our goal is to make sure we can achieve in one of history's most expensive presidential campaign fund-raising requirements, the citizen events," said: Whisenant younger sister. "In order to ensure continuing transparency, all the names of the donors will be released to a regularly updated site."
Whisenant told ABC news the inauguration of the committee will "comprehensive review" all individuals and enterprises donors and "those who do not conform to the examination and approval standard contribution will be accepted." In these laws prohibit foreign citizens and legal persons in the committee said, it will also refused to fund company has outstanding TARP funds.
Obama's reversal is the first time he fell self imposed mean "change business as usual in Washington's campaign funding rules". Earlier this year, Obama down long-term super political action committee, against his top aide to support the action of the priorities of approval. In the 2008 general election, he broke the long-term commitment, receive public money for elections.
The opening weekend will kick off, January 19, (Saturday), and the National Day of service, which will include the first family, vice President biden and cabinet members - a traditional, Obama couple started in 2009 to participate in.
1 month and day as a constitution, Obama will be sworn in as, in a private ceremony. A public swearing-in, the parade and inaugural ball on January 21, (Monday).
Leaders of the fundraising efforts for inauguration ceremony is four Obama most loyal agent and financiers: former ambassador to matt and praise, in the Obama campaign national finance chair and a top strapping machine; Actress - Eva longoria, an Obama campaign co-chairman and banding machine, Janes tyson, capital chairwoman DNC and businessman frank white.
News first reported that Obama inauguration financing change political Donovan arm.
UPDATE: a non-partisan government supervision organization, public citizen, attacked Obama's decision, in 2013 he assumes unlimited in the enterprise funds, scheduled for "Obama company"
"The American people have the right to expect other things than bring them American Banks (Bank of America) of the inauguration ceremony," public citizen President Robert wei weisman said.
"Every company contributions to establish a conflict of interest, because they have a way or other business before, the government," he said. "Lobbyists contributions of the problem is that they look forward to things, in return for their contribution to the enterprise contribution. It is exactly the same, almost all the people hire lobbyists.
Wei weisman call it double disappointing, "enterprise funded" inauguration activity will fall in the anniversary, the United States Supreme Court decision in "the United States citizens," open the door to infinite enterprise in the propaganda activity costs - barack Obama has condemned decision.
Public citizen called on Obama last Wednesday signed a petition, refused to enterprise money inauguration ceremony.




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