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Media make false comparison of inauguration costs

January 19, 2009 5:32 pm ET

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SUMMARY: Leading up to President-elect Barack Obama's swearing-in ceremony, several media outlets have advanced the claim that Obama's inauguration will cost significantly more than President Bush's 2005 inauguration. Citing "estimates" ranging from $150 million to $170 million in total costs for Obama's inaugural events, the outlets have compared the purported total costs in 2009 to the approximately $42 million in private funds spent on Bush's 2005 inauguration. However, these outlets omit the additional costs of security, transportation, and other expenses incurred by federal, state, and local governments in conjunction with the events in 2005 while including them in the projections for the 2009 events.

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