A painter works on the presidential viewing stand outside the White House in preparation for the inauguration. J. David Ake/AP
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Obama's inauguration might have trouble paying its bills
Report says Obama is $10 million short of $50 million goal.
So, Obama's big second term inauguration is a little more than a week away, and apparently they're really behind on financing. Like, $10 million behind.
You would think coming up with a measly $50 million for a second-term inauguration would be easy after raising $1 billion for his campaign. But nope! That's not the case. The New York Times' Nicholas Confessore reports Obama's team are $10 million short of their $50 million goal. Obama's team denied rumors that they're even shorter of meeting their expectations.