As the recession continues to wreak havoc on the U.S. economy and inauguration celebrations ramp up, a lot of people are asking: "How much will this shindig cost?"
The short answer? More than $150 million — and yep, that's the most expensive ever. (By comparison, George W. Bush's 2005 inauguration cost $42.3 million. Bill Clinton managed with $33 million in 1993.)
For the first time, President Bush has declared an emergency in Washington, D.C. to supplement the $15 million Congress has already allotted for security measures.
Just think this is just the start of the mass spending..
How did you put that Oldtimer ? Spending like a drunk salior.