The New York Times reports President Trump’s inaugural committee received an unprecedented $107 million from private donors—at least twice the amount raised by any of Trump’s predecessors. Despite the lavish spending, Trump’s inauguration was a far smaller affair than President Obama’s first inauguration in 2008, with just three official inaugural balls and a fraction of the crowd size. It’s not known how most of the money was spent, but among expenses uncovered by the Times was $1.5 million paid to the Trump International Hotel in Washington, D.C.
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