Report: White House considering corporate donors for inauguration

President Obama is considering allowing corporate donors to help fund his inauguration in 2013, the Wall Street Journal reports.

Such a move would be a reversal of Obama’s 2009 ban on such donations, which was then meant as a symbolic gesture.

In 2009, the president raised over $50 million from donors, sans any contributions from corporate donors, to fund his inauguration. 

{mosads}But he did not pursue corporate donors, “a gesture meant to show that well-heeled interests wouldn’t have undue influence in his administration,” according to the Wall Street Journal.

The White House wouldn’t make public the cost of the upcoming ceremony, and wouldn’t indicate what Obama’s fundraising target is this time. The president’s fundraising pays for many of the events and celebrations surrounding the inauguration.

But, coming out of a long and costly presidential campaign season, Democratic donors are fatigued, making the prospect of soliciting funds from corporate donors if not a necessity, at least an expediency.

President Obama will be sworn in on Monday, Jan. 21, but inauguration preparations have already begun.


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