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How Much Fun Can $177 Million Buy?

January 16, 2005

Since Ronald Reagan, private money has played an ever-mounting role -- $177 million and counting -- in how political victory is celebrated on Inauguration Day. What has it bought? -- Compiled by Stephen W. Stromberg from newspaper reports

1981 / Ronald Reagan


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Private money raised: $8 million

Big donor(s): Atlantic Richfield Co.

Taxpayer cost: Democratic Congress appropriates $650,000 for swearing-in

The A-list ball: Johnny Carson-hosted pre-inaugural inaugural gala featuring Bob Hope, Ethel Merman, Charlton Heston and Dean Martin

Number of balls: 9

Number of marching bands in parade: 21

Celebrity headliner(s): Frank Sinatra

Attendance: 500,000, up from the 350,000 for Jimmy Carter's " 'Y'all Come' People's Celebration" in 1977

Memorable phrase: "We are too great a nation to limit ourselves to small dreams.... Let us begin an era of national renewal."

Inaugural surprise: Critics say too much money spent on inauguration and fret that Sinatra was allowed to participate despite his ties to organized crime

1985 / Reagan

Private money raised: $12 million

Big donor(s): The Eagles, USA Today

Taxpayer cost: $2.3 million

The A-list ball: Frank Sinatra-produced presidential gala

Number of balls: 9

Number of marching bands in parade: 50, though the parade was canceled due to cold weather

Celebrity headliner(s): Ray Charles

Attendance: 500,000, but parade and outdoor speech were canceled

Memorable phrase: "Our nation is poised for greatness. Let history say of us, 'These were golden years when the American Revolution was reborn.' "

Inaugural surprise: Nicaragua pressing charges in the World Court to declare the U.S. an aggressor nation for funding Contra rebels

1989 / George H.W. Bush

Private money raised: $30 million

Big donor(s): Exxon

Taxpayer cost: $7 million

The A-list ball: Lee Atwater's Ball for Young Americans, where Atwater got down with his guitar

Number of balls: 11

Number of marching bands in parade: 54

Celebrity headliner(s): Bush favorite, the Oak Ridge Boys

Attendance: 300,000

Memorable phrase : "A new breeze is blowing, and a world refreshed by freedom seems reborn.... For in man's heart, if not in fact, the day of the dictator is over."

Inaugural surprise: Bush doesn't have to testify in Oliver North trial

1993 / Bill Clinton

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